IOTA Price Reaches $0.19 (MIOTA)

IOTA (MIOTA) traded 0.2% lower against the U.S. dollar during the 1 day period ending at 10:00 AM E.T. on June 16th. IOTA has a total market cap of $631.02 million and $7.47 million worth of IOTA was traded on exchanges in the last 24 hours. One IOTA coin can now be purchased for $0.19 or 0.00000287 BTC on major exchanges. In the last week, IOTA has traded 8.9% lower against the U.S. dollar.

Here is how other cryptocurrencies have performed in the last 24 hours:

  • Creditcoin (CTC) traded 8.3% lower against the dollar and now trades at $0.54 or 0.00000817 BTC.
  • Pax Dollar (USDP) traded up 0% against the dollar and now trades at $1.00 or 0.00001501 BTC.
  • Electroneum (ETN) traded 3.9% higher against the dollar and now trades at $0.0025 or 0.00000004 BTC.
  • Verasity (VRA) traded 1.5% lower against the dollar and now trades at $0.0037 or 0.00000006 BTC.
  • Meter Governance (MTRG) traded 3.1% lower against the dollar and now trades at $1.09 or 0.00001634 BTC.
  • SOLVE (SOLVE) traded 1.3% lower against the dollar and now trades at $0.0154 or 0.00000023 BTC.
  • The Transfer Token (TTT) traded 24.3% lower against the dollar and now trades at $0.0051 or 0.00000008 BTC.

IOTA Coin Profile

IOTA uses the hashing algorithm. It was first traded on November 25th, 2015. IOTA’s total supply is 3,306,056,194 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 message board for IOTA is forum.iota.org. 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 buy alternative cryptocurrencies such as IOTA directly using U.S. dollars. Investors seeking to trade IOTA should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy IOTA using one of the aforementioned exchanges.

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