IOTA 24 Hour Trading Volume Tops $8.42 Million (MIOTA)

IOTA (MIOTA) traded up 1.6% against the U.S. dollar during the 1 day period ending at 13:00 PM ET on October 30th. In the last week, IOTA has traded 3.3% higher against the U.S. dollar. One IOTA coin can now be bought for about $0.12 or 0.00000165 BTC on popular exchanges. IOTA has a market capitalization of $416.39 million and approximately $8.42 million worth of IOTA was traded on exchanges in the last 24 hours.

Here is how other cryptocurrencies have performed in the last 24 hours:

• Creditcoin (CTC) traded up 1.4% against the dollar and now trades at $0.40 or 0.00000550 BTC.
• Pax Dollar (USDP) traded down 0% against the dollar and now trades at $1.00 or 0.00001386 BTC.
• Electroneum (ETN) traded down 4.6% against the dollar and now trades at $0.0019 or 0.00000003 BTC.
• Verasity (VRA) traded 1.5% lower against the dollar and now trades at $0.0027 or 0.00000004 BTC.
• Meter Governance (MTRG) traded down 7.7% against the dollar and now trades at $0.26 or 0.00000353 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 0.2% lower against the dollar and now trades at $0.0086 or 0.00000012 BTC.

IOTA Profile

MIOTA uses the hashing algorithm. It was first traded on November 25th, 2015. IOTA’s total supply is 3,497,433,380 coins. IOTA’s official Twitter account is @iota and its Facebook page is accessible here. The official message board for IOTA is forum.iota.org. IOTA’s official website is www.iota.org. 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 acquire IOTA should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase IOTA using one of the aforementioned exchanges.

MIOTA/USD price chart by TradingView