NANO Price Rebounds Following Mobile Wallet Release, Coinex Listing
As one Reddit user pointed out, the consistency of the NANO Team in meeting project goals has been one of the more inspiring features of investing in the currency, despite the FUD and fallout over February’s high-profile hack.
three times in a row nano team delivers from nanocurrency
In addition to the positive price movement corresponding with the release of NANO’s mobile wallets, the coin was also listed on cryptocurrency exchange Coinex.
While the price of NANO has a long way to go before eclipsing January’s all time high of 36 USD (constituting a 92% loss in value), most of the conditions depressing the currency’s value have been out of the control of the investor base and community. February’s monstrous hack was one of the more eyebrow-raising thefts to occur in cryptocurrency history, with both BitGrail’s owner and the NANO team being brought to court over allegations of foul play. The subsequent downfall in price was as much driven by the overbought conditions of the entire crypto market, as opposed to an indictment of NANO’s technology. Small wins such as the establishment of a user friendly, mobile wallet go a long way in rebuilding the NANO investment base, in addition to putting the currency in a spot of greater visibility to allow the technology to speak for itself.