Nano is an alt coin that got popular briefly in Spring 2021. It is a low fee, high transaction volume, fixed supply, currency with no smart contracts.
Today there are two posts on /r/cryptocurrency about it, one openly advocating, one pretending to be objective while advocating. Both use the phrase “too good to be true,” though that is not uncommon in talking about get rich quick schemes. Awfully small sample size, but statistically an outlier. I am interested in watching for pump attempts.
If I were into day trading, I’d be tempted to take a flier on it, hoping that these are the early signals of a coordinated social media pump that will grow in the coming days.
Then again, if I were into day trading, I would probably have a stronger view on whether this is a real pump attempt, and where it is in its maturation cycle.