IOTA 24 Hour Trading Volume Tops $8.33 Million (MIOTA)

IOTA (MIOTA) traded 2.6% higher against the US dollar during the 1 day period ending at 23:00 PM ET on August 6th. IOTA has a total market capitalization of $434.31 million and $8.33 million worth of IOTA was traded on exchanges in the last day. Over the last week, IOTA has traded down 17.9% against the US dollar. One IOTA coin can currently be purchased for approximately $0.13 or 0.00000226 BTC on exchanges.

Here’s how related cryptocurrencies have performed over the last day:

• Creditcoin (CTC) traded down 1% against the dollar and now trades at $0.41 or 0.00000715 BTC.
• Pax Dollar (USDP) traded 0.1% lower against the dollar and now trades at $1.00 or 0.00001762 BTC.
• Electroneum (ETN) traded up 0.5% against the dollar and now trades at $0.0022 or 0.00000004 BTC.
• Verasity (VRA) traded up 1.8% against the dollar and now trades at $0.0028 or 0.00000005 BTC.
• Meter Governance (MTRG) traded 2.9% lower against the dollar and now trades at $0.50 or 0.00000871 BTC.
• The Transfer Token (TTT) traded 0% lower against the dollar and now trades at $0.0060 or 0.00000010 BTC.
• SOLVE (SOLVE) traded 1.8% lower against the dollar and now trades at $0.0091 or 0.00000016 BTC.

IOTA Profile

IOTA (CRYPTO:MIOTA) uses the hashing algorithm. Its genesis date was November 25th, 2015. IOTA’s total supply is 3,382,607,068 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. The official website for IOTA is www.iota.org. The official message board for IOTA 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 buy alternative cryptocurrencies such as IOTA directly using US dollars. Investors seeking to trade IOTA 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 IOTA using one of the aforementioned exchanges.

MIOTA/USD price chart by TradingView