IOTA Market Cap Tops $548.21 Million (MIOTA)

IOTA (MIOTA) traded down 2.1% against the US dollar during the one day period ending at 13:00 PM Eastern on July 3rd. During the last week, IOTA has traded down 4.2% against the US dollar. One IOTA coin can currently be bought for about $0.16 or 0.00000273 BTC on cryptocurrency exchanges. IOTA has a total market cap of $548.21 million and $8.05 million worth of IOTA was traded on exchanges in the last 24 hours.

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

• Creditcoin (CTC) traded up 2.2% against the dollar and now trades at $0.49 or 0.00000807 BTC.
• Pax Dollar (USDP) traded 0% higher against the dollar and now trades at $1.00 or 0.00001656 BTC.
• Electroneum (ETN) traded 0.3% lower against the dollar and now trades at $0.0025 or 0.00000004 BTC.
• Verasity (VRA) traded down 0.3% against the dollar and now trades at $0.0035 or 0.00000006 BTC.
• Meter Governance (MTRG) traded 1.6% lower against the dollar and now trades at $0.88 or 0.00001452 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 down 0.6% against the dollar and now trades at $0.0120 or 0.00000020 BTC.

IOTA Profile

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 Twitter account is @iota and its Facebook page is accessible here. IOTA’s official website is www.iota.org. IOTA’s official message board is forum.iota.org.

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 presently 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 Gemini, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase IOTA using one of the exchanges listed above.

MIOTA/USD price chart by TradingView