IOTA (MIOTA) Price Hits $0.12

IOTA (MIOTA) traded down 2.2% against the dollar during the 1 day period ending at 15:00 PM Eastern on September 5th. IOTA has a total market cap of $415.63 million and approximately $5.23 million worth of IOTA was traded on exchanges in the last day. One IOTA coin can now be purchased for approximately $0.12 or 0.00000215 BTC on popular exchanges. Over the last seven days, IOTA has traded 4% lower against the dollar.

Here is how other cryptocurrencies have performed over the last day:

• Creditcoin (CTC) traded 3.8% lower against the dollar and now trades at $0.39 or 0.00000682 BTC.
• Pax Dollar (USDP) traded down 0% against the dollar and now trades at $1.00 or 0.00001769 BTC.
• Electroneum (ETN) traded 2.6% lower against the dollar and now trades at $0.0017 or 0.00000003 BTC.
• Verasity (VRA) traded down 3% against the dollar and now trades at $0.0025 or 0.00000004 BTC.
• Meter Governance (MTRG) traded down 5.4% against the dollar and now trades at $0.43 or 0.00000767 BTC.
• The Transfer Token (TTT) traded 0% lower against the dollar and now trades at $0.0065 or 0.00000011 BTC.
• SOLVE (SOLVE) traded down 1.8% against the dollar and now trades at $0.0107 or 0.00000019 BTC.

IOTA Coin Profile

IOTA (CRYPTO:MIOTA) uses the hashing algorithm. It launched on November 25th, 2015. IOTA’s total supply is 3,420,882,505 coins. 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. IOTA’s official Twitter account is @iota and its Facebook page is accessible here.

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 Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy IOTA using one of the exchanges listed above.

MIOTA/USD price chart by TradingView