Binance.US, the American subsidiary of Binance has now listed Nano on its exchange. As per the announcement on Binance.US, NANO/USD pair will be available for trading from November 21st, 2019, at 9:00 pm EST. The exchange mentions that, however, NANO deposits are open on this Binance.US exchange. Let us see, how NANO price is affected.
NANO Price Analysis:
This announcement has created an uproar for NANO. Although most of the coins are in the red region, NANO broke out from the trend. This crypto has gained 6% in the last 24 hours. The price rise was expected as NANO got listed on one of the top exchange’s subsidiaries.
NANO now ranks 46th on the Coinmarketcap list. The NANO/USD pair is trading at $0.900452 with a 4.10% increase in price growth. Moreover, even the NANO/BTC price has seen a 4% price rise.
As seen in the chart, the price has seen a sudden spike after NANO listing in Binance.US exchange. With a close to a 6% hike, the price reached $0.9085. The current market cap is $119,983,756 USD with a 24hr volume of $3,395,168 USD. However, If we look at the 7-day price chart, this price rise is not that overwhelming.
The coin had reached $1.03 against USD at the beginning of the week. However, as the week progressed, the price against USD started falling. This slight hike seems to be good news and the NANO coin might break $ 1 USD again. Only time will tell.