IoTeX Achieves Self Reported Market Cap of $386.33 Million (IOTX)

IoTeX (IOTX) traded 3.6% lower against the US dollar during the twenty-four hour period ending at 15:00 PM Eastern on June 23rd. IoTeX has a total market capitalization of $386.33 million and approximately $7.07 million worth of IoTeX was traded on exchanges in the last day. One IoTeX coin can currently be bought for about $0.0409 or 0.00000064 BTC on cryptocurrency exchanges. During the last week, IoTeX has traded 17.9% lower against the US dollar.

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

• KILT Protocol (KILT) traded 1% lower against the dollar and now trades at $0.21 or 0.00000323 BTC.
• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded down 0.1% against the dollar and now trades at $0.0108 or 0.00000017 BTC.

IoTeX Coin Profile

IoTeX (IOTX) uses the hashing algorithm. It was first traded on May 23rd, 2018. IoTeX’s total supply is 9,441,378,934 coins and its circulating supply is 9,441,378,929 coins. The Reddit community for IoTeX is https://reddit.com/r/iotex and the currency’s Github account can be viewed here. IoTeX’s official Twitter account is @iotex_io and its Facebook page is accessible here. The official website for IoTeX is www.iotex.io. The official message board for IoTeX is iotex.io/blog.

According to CryptoCompare, “IoTeX is a privacy-focused blockchain infrastructure for the Internet of Things (IoT) that aims to enable autonomous device coordination and create an open ecosystem for people and IoT devices to interact with proper incentives. It is based on Ethereum and uses the Roll-DPoS consensus mechanism for instant finality and high throughput to support millions of devices. The team includes over 30 researchers and engineers and the network has over 100 delegates and is fully open-source. The IOTX token is used for transactions, staking, governance, and registering new devices on the network. The IoTeX ecosystem includes projects such as Ucam, Pebble, Mimo DEX, and IoTeX Scout, among others. The team is headquartered in Silicon Valley and includes former Google, Facebook, and Uber employees.”

IoTeX Coin Trading

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

IOTX/USD price chart by TradingView