IOTA Reaches 1-Day Trading Volume of $8.56 Million (MIOTA)

IOTA (MIOTA) traded 3.7% lower against the dollar during the 24-hour period ending at 23:00 PM E.T. on June 26th. In the last week, IOTA has traded down 1.8% against the dollar. One IOTA coin can currently be purchased for approximately $0.17 or 0.00000283 BTC on major cryptocurrency exchanges. IOTA has a total market capitalization of $573.73 million and approximately $8.56 million worth of IOTA was traded on exchanges in the last day.

Here’s how related cryptocurrencies have performed in the last day:

• Creditcoin (CTC) traded down 4.4% against the dollar and now trades at $0.45 or 0.00000737 BTC.
• Pax Dollar (USDP) traded 0% lower against the dollar and now trades at $1.00 or 0.00001640 BTC.
• Electroneum (ETN) traded 7.8% lower against the dollar and now trades at $0.0021 or 0.00000003 BTC.
• Verasity (VRA) traded down 7.1% against the dollar and now trades at $0.0032 or 0.00000005 BTC.
• Meter Governance (MTRG) traded down 2.6% against the dollar and now trades at $0.86 or 0.00001412 BTC.
• The Transfer Token (TTT) traded 28.1% higher against the dollar and now trades at $0.0065 or 0.00000011 BTC.
• SOLVE (SOLVE) traded down 3.4% against the dollar and now trades at $0.0121 or 0.00000020 BTC.

IOTA Coin Profile

IOTA (CRYPTO:MIOTA) uses the hashing algorithm. Its genesis date was November 25th, 2015. IOTA’s total supply is 3,325,193,912 coins. The official message board for IOTA is forum.iota.org. 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.

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

MIOTA/USD price chart by TradingView