IOTA Price Tops $0.12 (MIOTA)

IOTA (MIOTA) traded up 0.2% against the dollar during the twenty-four hour period ending at 23:00 PM ET on October 19th. In the last week, IOTA has traded 2.1% lower against the dollar. IOTA has a market capitalization of $422.72 million and $6.25 million worth of IOTA was traded on exchanges in the last day. One IOTA coin can now be bought for approximately $0.12 or 0.00000178 BTC on popular cryptocurrency exchanges.

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

• Creditcoin (CTC) traded up 0.6% against the dollar and now trades at $0.41 or 0.00000607 BTC.
• Pax Dollar (USDP) traded 0% lower against the dollar and now trades at $1.00 or 0.00001467 BTC.
• Electroneum (ETN) traded 3.7% lower against the dollar and now trades at $0.0022 or 0.00000003 BTC.
• Verasity (VRA) traded 3.4% lower against the dollar and now trades at $0.0029 or 0.00000004 BTC.
• Meter Governance (MTRG) traded 0.2% lower against the dollar and now trades at $0.39 or 0.00000577 BTC.
• The Transfer Token (TTT) traded down 25.7% against the dollar and now trades at $0.0037 or 0.00000006 BTC.
• SOLVE (SOLVE) traded up 3.1% against the dollar and now trades at $0.0088 or 0.00000013 BTC.

IOTA Coin Profile

IOTA (CRYPTO:MIOTA) uses the hashing algorithm. It was first traded on November 25th, 2015. IOTA’s total supply is 3,478,295,661 coins. The Reddit community for IOTA is https://reddit.com/r/iota and the currency’s Github account can be viewed here. The official website for IOTA is www.iota.org. The official message board for IOTA is forum.iota.org. IOTA’s official Twitter account is @iota and its Facebook page is accessible 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 Gemini, Coinbase or GDAX. 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