IOTA Trading 24.5% Higher This Week (MIOTA)

IOTA (MIOTA) traded 0.5% lower against the dollar during the 1 day period ending at 10:00 AM E.T. on January 17th. IOTA has a market capitalization of $1.42 billion and approximately $179.86 million worth of IOTA was traded on exchanges in the last day. During the last week, IOTA has traded up 24.5% against the dollar. One IOTA coin can currently be purchased for about $0.40 or 0.00000381 BTC on popular exchanges.

Here is how related cryptocurrencies have performed during the last day:

• Creditcoin (CTC) traded up 2.3% against the dollar and now trades at $1.12 or 0.00001075 BTC.
• Pax Dollar (USDP) traded down 0% against the dollar and now trades at $1.00 or 0.00000963 BTC.
• Electroneum (ETN) traded 6.3% lower against the dollar and now trades at $0.0027 or 0.00000003 BTC.
• Verasity (VRA) traded up 11.5% against the dollar and now trades at $0.0047 or 0.00000005 BTC.
• Meter Governance (MTRG) traded up 5.5% against the dollar and now trades at $0.40 or 0.00000387 BTC.
• The Transfer Token (TTT) traded up 0% against the dollar and now trades at $0.0037 or 0.00000004 BTC.
• SOLVE (SOLVE) traded up 4.8% against the dollar and now trades at $0.0042 or 0.00000004 BTC.

IOTA Coin Profile

IOTA (MIOTA) uses the hashing algorithm. Its genesis date was November 25th, 2015. IOTA’s total supply is 3,593,121,973 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 message board is forum.iota.org. 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.”

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 Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy IOTA using one of the aforementioned exchanges.

MIOTA/USD price chart by TradingView