t is nice to see Nano is recovering and it is now holding 18 place in coinmarketcap,but with fairly good prospects to get in top 15 soon.Some of the price increase is for sure due to BTC price increase,but even when BTC price was under 10k$ Nano is showing ascending path.
It can also be bull trap initiated by hacker/s conected with BitGrail incident,but maybe he/she just sold everything he/she had.Price is just crossed 16$ and if BitGrail did not happen I have no doubt that price would be close to 30$ or even more.
That is not going to happen anymore. Nano is considered a Scam coin within more than 1000 currencies that do not have a solid base of exchange currently. Bitcoin still remain thanks to Japan and South Korea. Nano has died as hard currency and will never exceed 10 dollars. It also runs the risk of this coin falling into an empty can and completely losing its value very quickly. Here, the only one who has become a millionaire with Nano is the criminal and owner of Bitgrail, I can not believe how the Italian justice has not yet closed that trading platform and he should be in jail. Nano, originally was a project with some consistency, but being a currency with "0" cost and not having incentives of profits of intermediaries and not needing mining, I doubt that it can be taken into account in the future. It's just my opinion and maybe I'm wrong, but maybe, I'm right. Greetings.
Bro how can you call Nano a Scam? It has been in the field for almost 4 years and yet it is rising. Nano has been great and if you are visiting reddit you will be amazed by how many merchants are using it because of its speed and no fee transactions. Incidents always happen and Bitgrail is so bad, but we must accept it because other coins like bitcoin and ethereum experienced those things and we learned from it.