Nano is prepared for a massive breakout - it looks fantastic on every timescale.
Nano's bottomed out in March after 2 years of decline from the devastating general crypto bear market caused by Bitcoin's demonstrated inability to scale.
It's now climbing, with enormous strength.
Yesterday we saw a single sale of ~$500k worth of Nano - 0.3% of its supply - which is massive in Nano terms. Yet its price, though knocked down temporarily, is still no lower than 12 days previously.
Nano is technically superb - instant, instantly immutably secure, audited secure, feeless, scalable, green, and ever-increasingly decentralized due to its superior Game Theory that doesn't financially reward validators.
Nano doesn't need Bitcoin's current equivalent of 7 nuclear power station's energy to validate its transactions - the entire Nano network can run on the output of a single wind turbine. Bitcoin would take increasing amounts of global energy if its market price increased, as more miners rushed to join in - so Bitcoin doesn't scale environmentally on marketcap.
It's now also beaten Bitcoin as a "Store of Value" (a silly concept, but it's BTC's supposed USP) over 12 months.
The only thing that's held Nano back has been buyers needing to see confidence that its fall has been broken. Now that's happened, they'll be confident to come back to it, driven by its superior, scalable and unique Block Lattice technology.
Nano's bottomed out in March after 2 years of decline from the devastating general crypto bear market caused by Bitcoin's demonstrated inability to scale.
It's now climbing, with enormous strength.
Yesterday we saw a single sale of ~$500k worth of Nano - 0.3% of its supply - which is massive in Nano terms. Yet its price, though knocked down temporarily, is still no lower than 12 days previously.
Nano is technically superb - instant, instantly immutably secure, audited secure, feeless, scalable, green, and ever-increasingly decentralized due to its superior Game Theory that doesn't financially reward validators.
Nano doesn't need Bitcoin's current equivalent of 7 nuclear power station's energy to validate its transactions - the entire Nano network can run on the output of a single wind turbine. Bitcoin would take increasing amounts of global energy if its market price increased, as more miners rushed to join in - so Bitcoin doesn't scale environmentally on marketcap.
It's now also beaten Bitcoin as a "Store of Value" (a silly concept, but it's BTC's supposed USP) over 12 months.
The only thing that's held Nano back has been buyers needing to see confidence that its fall has been broken. Now that's happened, they'll be confident to come back to it, driven by its superior, scalable and unique Block Lattice technology.