IOTA (MIOTA) Price Up 7.6% This Week

IOTA (MIOTA) traded 0.8% higher against the U.S. dollar during the one day period ending at 15:00 PM Eastern on August 13th. In the last seven days, IOTA has traded up 7.6% against the U.S. dollar. One IOTA coin can currently be bought for approximately $0.14 or 0.00000224 BTC on popular cryptocurrency exchanges. IOTA has a market cap of $457.69 million and approximately $6.13 million worth of IOTA was traded on exchanges in the last 24 hours.

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

• Creditcoin (CTC) traded down 0.3% against the dollar and now trades at $0.43 or 0.00000705 BTC.
• Pax Dollar (USDP) traded down 0.1% against the dollar and now trades at $1.00 or 0.00001653 BTC.
• Electroneum (ETN) traded down 6% against the dollar and now trades at $0.0020 or 0.00000003 BTC.
• Verasity (VRA) traded up 1.4% against the dollar and now trades at $0.0026 or 0.00000004 BTC.
• Meter Governance (MTRG) traded 3% lower against the dollar and now trades at $0.52 or 0.00000852 BTC.
• The Transfer Token (TTT) traded 0% lower against the dollar and now trades at $0.0060 or 0.00000010 BTC.
• SOLVE (SOLVE) traded down 6% against the dollar and now trades at $0.0114 or 0.00000019 BTC.

IOTA Coin Profile

IOTA (CRYPTO:MIOTA) uses the hashing algorithm. Its launch date was November 25th, 2015. IOTA’s total supply is 3,382,607,068 coins. IOTA’s official Twitter account is @iota and its Facebook page is accessible here. 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. 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 currently possible to buy alternative cryptocurrencies such as IOTA directly using U.S. dollars. Investors seeking to acquire IOTA should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy IOTA using one of the exchanges listed above.

MIOTA/USD price chart by TradingView