IOTA Hits One Day Trading Volume of $6.36 Million (MIOTA)

IOTA (MIOTA) traded 2.1% higher against the U.S. dollar during the 24-hour period ending at 20:00 PM ET on July 2nd. IOTA has a total market cap of $571.55 million and $6.36 million worth of IOTA was traded on exchanges in the last 24 hours. Over the last seven days, IOTA has traded 4.4% lower against the U.S. dollar. One IOTA coin can currently be purchased for $0.17 or 0.00000277 BTC on cryptocurrency exchanges.

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

• Creditcoin (CTC) traded down 1.4% against the dollar and now trades at $0.48 or 0.00000773 BTC.
• Pax Dollar (USDP) traded up 0.1% against the dollar and now trades at $1.00 or 0.00001616 BTC.
• Electroneum (ETN) traded 3.8% higher against the dollar and now trades at $0.0027 or 0.00000004 BTC.
• Verasity (VRA) traded 10.9% higher against the dollar and now trades at $0.0037 or 0.00000006 BTC.
• Meter Governance (MTRG) traded up 0.3% against the dollar and now trades at $0.88 or 0.00001419 BTC.
• The Transfer Token (TTT) traded down 0.4% against the dollar and now trades at $0.0065 or 0.00000010 BTC.
• SOLVE (SOLVE) traded 0.1% higher against the dollar and now trades at $0.0121 or 0.00000019 BTC.

About IOTA

IOTA (MIOTA) uses the hashing algorithm. Its genesis date was November 25th, 2015. IOTA’s total supply is 3,325,193,912 coins. The Reddit community for IOTA is https://reddit.com/r/iota and the currency’s Github account can be viewed here. IOTA’s official website is www.iota.org. The official message board for IOTA is forum.iota.org. IOTA’s official Twitter account is @iota and its Facebook page is accessible 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 possible to purchase alternative cryptocurrencies such as IOTA directly using US dollars. Investors seeking to acquire IOTA should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Coinbase or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase IOTA using one of the aforementioned exchanges.

MIOTA/USD price chart by TradingView