IOTA (MIOTA) 1-Day Volume Tops $21.16 Million

IOTA (MIOTA) traded 0.9% higher against the US dollar during the 1 day period ending at 9:00 AM ET on November 14th. One IOTA coin can now be bought for approximately $0.14 or 0.00000157 BTC on major cryptocurrency exchanges. IOTA has a total market capitalization of $499.96 million and $21.16 million worth of IOTA was traded on exchanges in the last 24 hours. Over the last week, IOTA has traded 21.5% higher against the US dollar.

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

• Creditcoin (CTC) traded 14.2% higher against the dollar and now trades at $0.57 or 0.00000625 BTC.
• Pax Dollar (USDP) traded 0% lower against the dollar and now trades at $1.00 or 0.00001101 BTC.
• Electroneum (ETN) traded 2.9% lower against the dollar and now trades at $0.0020 or 0.00000002 BTC.
• Verasity (VRA) traded 5.9% lower against the dollar and now trades at $0.0031 or 0.00000003 BTC.
• Meter Governance (MTRG) traded down 7% against the dollar and now trades at $0.42 or 0.00000461 BTC.
• The Transfer Token (TTT) traded down 25.7% against the dollar and now trades at $0.0037 or 0.00000006 BTC.
• SOLVE (SOLVE) traded up 0.7% against the dollar and now trades at $0.0065 or 0.00000007 BTC.

IOTA Profile

IOTA uses the hashing algorithm. Its launch date was November 25th, 2015. IOTA’s total supply is 3,516,571,099 coins. IOTA’s official Twitter account is @iota and its Facebook page is accessible here. The official message board for IOTA is forum.iota.org. 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.

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 currently 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 Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase IOTA using one of the aforementioned exchanges.

MIOTA/USD price chart by TradingView