IOTA 1-Day Volume Hits $27.92 Million (MIOTA)

IOTA (MIOTA) traded 0.6% lower against the dollar during the 1-day period ending at 0:00 AM Eastern on July 21st. IOTA has a total market capitalization of $591.96 million and $27.92 million worth of IOTA was traded on exchanges in the last day. In the last week, IOTA has traded up 7.4% against the dollar. One IOTA coin can currently be bought for $0.18 or 0.00000260 BTC on popular cryptocurrency exchanges.

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

• Creditcoin (CTC) traded down 3.4% against the dollar and now trades at $0.53 or 0.00000774 BTC.
• Pax Dollar (USDP) traded 0% lower against the dollar and now trades at $1.00 or 0.00001471 BTC.
• Electroneum (ETN) traded down 0.9% against the dollar and now trades at $0.0023 or 0.00000003 BTC.
• Verasity (VRA) traded down 4.4% against the dollar and now trades at $0.0039 or 0.00000006 BTC.
• Meter Governance (MTRG) traded down 5.2% against the dollar and now trades at $0.77 or 0.00001132 BTC.
• The Transfer Token (TTT) traded down 16.5% against the dollar and now trades at $0.0050 or 0.00000007 BTC.
• SOLVE (SOLVE) traded down 0.8% against the dollar and now trades at $0.0107 or 0.00000016 BTC.

About IOTA

MIOTA uses the hashing algorithm. Its genesis date was November 25th, 2015. IOTA’s total supply is 3,344,331,631 coins. IOTA’s official message board 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 Twitter account is @iota and its Facebook page is accessible 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.”

Buying and Selling IOTA

It is usually not currently 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 Gemini, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase IOTA using one of the exchanges listed above.

MIOTA/USD price chart by TradingView