Why is Nano Price Expensive?

Best Crypto-IoT Collaboration

This was reported yesterday by the Nano Center. The release of the Nano IoT charger has been approved by the company and is the most promising entry into the IoT industry. The IoT charger and associated device are said to be based on a local Nano coin.

The currently released charger is still a prototype, and the features that have so far been discovered that the charger is owned by:

  • This requires the user to scan the QR code for transactions only

  • The QR code initiates a micro-level managed operation process; therefore, there is no need to worry about change

  • So far it is only compatible with NANO purses

This announcement from the Nano Center is a big milestone for both the company and the community, as there are many real uses after the charger has been successfully tested and launched. Of course, for use cases in the real world, there are many potential uses and numerous iterations that must be implemented in advance to do so.

Nano branches

Nano is not the first cryptocurrency coin and company to enter the IoT space, it is actually the third or fourth. Behind IOTA and a number of other coins still in space. However, the excitement and expectation surrounding this coin is that the company conducted a very interesting market research before embarking on this journey.

Nano used the YouTube channel to connect with its community, and the feedback it received was invaluable to the company. The public’s reaction to the YouTube channel and its content made it very clear what was expected of them and what they should do for the company.

Taking this step to diversify its business, the company has the potential to become a global brand in the IoT industry with this product. The company’s coin, NANO, is also listed on many exchanges. This is a very high reason for the widespread acceptance of the coin in the market and the rise in price.

Price increase is expected more

Over the past week, the price of nano has increased by more than 90%. And a 250% increase over the last two weeks. Two weeks ago, the price was $ 1.52. Price / value increase is associated with many reasons. Among them is the fact that the company’s coin NANO is listed and accepted as a cryptocurrency that can be traded on many exchanges and platforms.

The other two reasons are quite intuitive from this article, in that the company is branched into the IoT jungle by the charger and that their initial network stress test resulted in flying colors. It is very important that every cryptocurrency company has the support of society, and it is safe to say that NANO does it. The current price of the coin at the time of writing is $ 3.12.