IOTA Trading 1.6% Higher Over Last Week (MIOTA)

IOTA (MIOTA) traded down 4.5% against the dollar during the 24-hour period ending at 19:00 PM ET on September 15th. IOTA has a market capitalization of $419.61 million and approximately $5.03 million worth of IOTA was traded on exchanges in the last day. During the last seven days, IOTA has traded up 1.6% against the dollar. One IOTA coin can currently be bought for $0.12 or 0.00000208 BTC on cryptocurrency exchanges.

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

• Creditcoin (CTC) traded 2.2% lower against the dollar and now trades at $0.41 or 0.00000702 BTC.
• Pax Dollar (USDP) traded 0% lower against the dollar and now trades at $1.00 or 0.00001699 BTC.
• Electroneum (ETN) traded 12.3% lower against the dollar and now trades at $0.0025 or 0.00000004 BTC.
• Verasity (VRA) traded 7.5% higher against the dollar and now trades at $0.0029 or 0.00000005 BTC.
• Meter Governance (MTRG) traded up 3.5% against the dollar and now trades at $0.50 or 0.00000851 BTC.
• The Transfer Token (TTT) traded down 7.2% against the dollar and now trades at $0.0061 or 0.00000010 BTC.
• SOLVE (SOLVE) traded 0.3% lower against the dollar and now trades at $0.0100 or 0.00000017 BTC.

About IOTA

IOTA (CRYPTO:MIOTA) uses the hashing algorithm. It was first traded on November 25th, 2015. IOTA’s total supply is 3,420,882,505 coins. IOTA’s official Twitter account is @iota and its Facebook page is accessible here. The official message board for IOTA is forum.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 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.”

Buying and Selling IOTA

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 Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase IOTA using one of the exchanges listed above.

MIOTA/USD price chart by TradingView