IOTA (MIOTA) Trading 1.1% Higher Over Last 7 Days

by · The Markets Daily

IOTA (MIOTA) traded up 1% against the U.S. dollar during the 1 day period ending at 23:00 PM Eastern on October 12th. During the last seven days, IOTA has traded up 1.1% against the U.S. dollar. IOTA has a market capitalization of $429.35 million and $5.48 million worth of IOTA was traded on exchanges in the last 24 hours. One IOTA coin can currently be bought for about $0.12 or 0.00000198 BTC on popular cryptocurrency exchanges.

Here’s how related cryptocurrencies have performed during the last 24 hours:

  • Creditcoin (CTC) traded 0.2% lower against the dollar and now trades at $0.40 or 0.00000642 BTC.
  • Pax Dollar (USDP) traded 0% lower against the dollar and now trades at $1.00 or 0.00001595 BTC.
  • Electroneum (ETN) traded 3.9% lower against the dollar and now trades at $0.0022 or 0.00000003 BTC.
  • Verasity (VRA) traded 0% higher against the dollar and now trades at $0.0030 or 0.00000005 BTC.
  • Meter Governance (MTRG) traded up 2.4% against the dollar and now trades at $0.44 or 0.00000699 BTC.
  • The Transfer Token (TTT) traded down 25.7% against the dollar and now trades at $0.0037 or 0.00000006 BTC.
  • SOLVE (SOLVE) traded up 1% against the dollar and now trades at $0.0088 or 0.00000014 BTC.

About IOTA

IOTA (MIOTA) uses the hashing algorithm. It launched on November 25th, 2015. IOTA’s total supply is 3,459,157,943 coins. IOTA’s official message board is forum.iota.org. IOTA’s official website is www.iota.org. IOTA’s official Twitter account is @iota and its Facebook page is accessible here. The Reddit community for IOTA is https://reddit.com/r/iota and the currency’s Github account can be viewed here.

According to CryptoCompare, “IOTA is a distributed ledger technology that uses a structure called the Tangle to maintain a tally of token ownership between multiple nodes. This structure allows for newer transactions to verify older ones, bypassing the bottleneck caused by blockchains. The IOTA protocol is in research and has two public networks: the IOTA mainnet, which manages tokens, and Shimmer, which tests protocol updates. The IOTA was founded in 2015 by four co-founders, including David Sønstebø and Dominik Schiener, who currently serve as co-chairmen of the board of directors. One of the co-founders, Sergey Ivancheglo, resigned in 2019 but continues to provide advice as an unofficial advisor.”

IOTA Coin Trading

It is usually not currently possible to purchase alternative cryptocurrencies such as IOTA directly using U.S. dollars. Investors seeking to trade IOTA should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase IOTA using one of the exchanges listed above.

MIOTA/USD price chart by TradingView