IOTA Tops 24 Hour Volume of $7.10 Million (MIOTA)

IOTA (MIOTA) traded down 0.1% against the US dollar during the 1 day period ending at 19:00 PM E.T. on October 30th. In the last week, IOTA has traded 2.3% higher against the US dollar. IOTA has a market capitalization of $413.76 million and $7.10 million worth of IOTA was traded on exchanges in the last 24 hours. One IOTA coin can now be bought for approximately $0.12 or 0.00000163 BTC on major exchanges.

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

• Creditcoin (CTC) traded up 0.7% against the dollar and now trades at $0.40 or 0.00000545 BTC.
• Pax Dollar (USDP) traded 0.1% higher against the dollar and now trades at $1.00 or 0.00001378 BTC.
• Electroneum (ETN) traded 5.2% lower against the dollar and now trades at $0.0020 or 0.00000003 BTC.
• Verasity (VRA) traded up 0% against the dollar and now trades at $0.0027 or 0.00000004 BTC.
• Meter Governance (MTRG) traded 6.6% lower against the dollar and now trades at $0.26 or 0.00000352 BTC.
• The Transfer Token (TTT) traded down 25.7% against the dollar and now trades at $0.0037 or 0.00000006 BTC.
• SOLVE (SOLVE) traded 5.5% lower against the dollar and now trades at $0.0081 or 0.00000011 BTC.

About IOTA

IOTA (MIOTA) uses the hashing algorithm. Its launch date was November 25th, 2015. IOTA’s total supply is 3,497,433,380 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 website is www.iota.org. The official message board for IOTA is forum.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 presently possible to buy alternative cryptocurrencies such as IOTA directly using U.S. dollars. Investors seeking to acquire IOTA should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Coinbase or GDAX. 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