IoTeX (IOTX) Trading Down 5% This Week

IoTeX (IOTX) traded 0.1% lower against the U.S. dollar during the twenty-four hour period ending at 22:00 PM Eastern on August 29th. IoTeX has a total market cap of $332.95 million and $10.52 million worth of IoTeX was traded on exchanges in the last 24 hours. Over the last week, IoTeX has traded down 5% against the U.S. dollar. One IoTeX coin can now be purchased for $0.0353 or 0.00000060 BTC on major exchanges.

Here’s how related cryptocurrencies have performed over the last 24 hours:

• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded 8.3% higher against the dollar and now trades at $0.0575 or 0.00000097 BTC.

About IoTeX

IoTeX uses the hashing algorithm. Its genesis date was May 23rd, 2018. IoTeX’s total supply is 9,441,378,617 coins and its circulating supply is 9,441,378,612 coins. IoTeX’s official website is www.iotex.io. IoTeX’s official Twitter account is @iotex_io and its Facebook page is accessible here. IoTeX’s official message board is iotex.io/blog. The Reddit community for IoTeX is https://reddit.com/r/iotex and the currency’s Github account can be viewed here.

According to CryptoCompare, “IoTeX is a privacy-focused blockchain infrastructure for the Internet of Things (IoT) that aims to enable autonomous device coordination and create an open ecosystem for people and IoT devices to interact with proper incentives. It is based on Ethereum and uses the Roll-DPoS consensus mechanism for instant finality and high throughput to support millions of devices. The team includes over 30 researchers and engineers and the network has over 100 delegates and is fully open-source. The IOTX token is used for transactions, staking, governance, and registering new devices on the network. The IoTeX ecosystem includes projects such as Ucam, Pebble, Mimo DEX, and IoTeX Scout, among others. The team is headquartered in Silicon Valley and includes former Google, Facebook, and Uber employees.”

Buying and Selling IoTeX

It is usually not currently possible to buy alternative cryptocurrencies such as IoTeX directly using US dollars. Investors seeking to acquire IoTeX should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy IoTeX using one of the aforementioned exchanges.

IOTX/USD price chart by TradingView