IoTeX (IOTX) Trading Down 29.9% This Week

IoTeX (IOTX) traded 2.8% lower against the US dollar during the 24-hour period ending at 8:00 AM E.T. on February 6th. One IoTeX coin can now be purchased for approximately $0.0218 or 0.00000022 BTC on exchanges. IoTeX has a total market capitalization of $205.89 million and $19.07 million worth of IoTeX was traded on exchanges in the last 24 hours. Over the last week, IoTeX has traded down 29.9% against the US dollar.

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

• GMX (GMX) traded 0.6% higher against the dollar and now trades at $17.10 or 0.00017348 BTC.
• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower 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.
• SolvBTC (SOLVBTC) traded up 0.3% against the dollar and now trades at $98,520.36 or 0.99944674 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 0.6% against the dollar and now trades at $98,170.70 or 0.99589966 BTC.

About IoTeX

IoTeX (CRYPTO:IOTX) uses the hashing algorithm. Its launch date was May 23rd, 2018. IoTeX’s total supply is 9,441,369,062 coins and its circulating supply is 9,441,369,057 coins. The official message board for IoTeX 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. IoTeX’s official Twitter account is @iotex_io and its Facebook page is accessible here. The official website for IoTeX is www.iotex.io.

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.”

IoTeX Coin Trading

It is usually not currently possible to purchase alternative cryptocurrencies such as IoTeX directly using U.S. dollars. Investors seeking to trade IoTeX should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase IoTeX using one of the exchanges listed above.

IOTX/USD price chart by TradingView