IOTA Trading 8.5% Higher Over Last 7 Days (MIOTA)

IOTA (MIOTA) traded 1.3% higher against the dollar during the 1 day period ending at 11:00 AM ET on August 14th. One IOTA coin can now be bought for about $0.14 or 0.00000230 BTC on cryptocurrency exchanges. During the last week, IOTA has traded up 8.5% against the dollar. IOTA has a market capitalization of $459.59 million and approximately $9.49 million worth of IOTA was traded on exchanges in the last day.

Here’s how other cryptocurrencies have performed during the last day:

• Creditcoin (CTC) traded 2.7% lower against the dollar and now trades at $0.41 or 0.00000700 BTC.
• Pax Dollar (USDP) traded down 0.1% against the dollar and now trades at $1.00 or 0.00001692 BTC.
• Electroneum (ETN) traded down 3.1% against the dollar and now trades at $0.0020 or 0.00000003 BTC.
• Verasity (VRA) traded down 1.1% against the dollar and now trades at $0.0025 or 0.00000004 BTC.
• Meter Governance (MTRG) traded up 1.3% against the dollar and now trades at $0.52 or 0.00000886 BTC.
• The Transfer Token (TTT) traded down 0% against the dollar and now trades at $0.0060 or 0.00000010 BTC.
• SOLVE (SOLVE) traded down 5.2% against the dollar and now trades at $0.0109 or 0.00000018 BTC.

IOTA Coin Profile

IOTA (CRYPTO:MIOTA) uses the hashing algorithm. Its launch date was November 25th, 2015. IOTA’s total supply is 3,382,607,068 coins. IOTA’s official Twitter account is @iota and its Facebook page is accessible here. IOTA’s official website is www.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 message board is forum.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 possible to purchase alternative cryptocurrencies such as IOTA directly using U.S. dollars. Investors seeking to acquire IOTA should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase IOTA using one of the aforementioned exchanges.

MIOTA/USD price chart by TradingView