IOST Trading 17.9% Lower This Week (IOST)

IOST (IOST) traded 4.3% lower against the U.S. dollar during the 1 day period ending at 21:00 PM E.T. on May 14th. One IOST coin can now be purchased for $0.0177 or 0.00000059 BTC on cryptocurrency exchanges. IOST has a market capitalization of $329.71 million and approximately $49.24 million worth of IOST was traded on exchanges in the last 24 hours. During the last seven days, IOST has traded 17.9% lower against the U.S. dollar.

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

  • BITCOIN ADDITIONAL (BTCA) traded 0.6% higher against the dollar and now trades at $29,845.72 or 1.00011640 BTC.
  • Binance USD (BUSD) traded 0.1% lower against the dollar and now trades at $1.00 or 0.00003353 BTC.
  • Solana (SOL) traded down 0.7% against the dollar and now trades at $50.90 or 0.00170558 BTC.
  • Crypto.com Coin (CRO) traded up 5% against the dollar and now trades at $0.41 or 0.00001075 BTC.
  • Parkgene (GENE) traded flat against the dollar and now trades at $25.59 or 0.00045023 BTC.
  • DREP (DREP) traded flat against the dollar and now trades at $1.96 or 0.00003398 BTC.
  • DREP [old] (DREP) traded flat against the dollar and now trades at $1.96 or 0.00003399 BTC.
  • Dai (DAI) traded 0% lower against the dollar and now trades at $1.00 or 0.00003351 BTC.
  • Polygon (MATIC) traded 3.9% lower against the dollar and now trades at $0.67 or 0.00002257 BTC.
  • THETA (THETA) traded flat against the dollar and now trades at $5.25 or 0.00010640 BTC.

IOST Coin Profile

IOST is a (PoB) coin that uses the ETH Token hashing algorithm. It was first traded on January 20th, 2018. IOST’s total supply is 18,588,745,668 coins. IOST’s official Twitter account is @IOStoken and its Facebook page is accessible here. The official website for IOST is iost.io. The Reddit community for IOST is /r/IOStoken and the currency’s Github account can be viewed here. The official message board for IOST is medium.com/@iostoken.

According to CryptoCompare, “The Internet of Services (IOS) is an Ethereum-based platform that provides its users a way to exchange online services and digital goods. I also enables developers to deploy large scale dApps. IOS token is an ERC20 token that serves as a medium of exchange on IOS' platform. Proof of Believability (PoB) is the consensus algorithm used by the IOST blockchain.¬†Proof of Believability enables high transaction speed without compromising network security. In order to achieve this, it uses several factors including how many IOST tokens the node holds, its reputation, its contribution, and its behaviour. “

IOST Coin Trading

It is usually not currently possible to buy alternative cryptocurrencies such as IOST directly using US dollars. Investors seeking to acquire IOST should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy IOST using one of the aforementioned exchanges.

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