IOTA Trading Down 1.3% Over Last Week (MIOTA)

IOTA (MIOTA) traded up 4.3% against the dollar during the 24 hour period ending at 17:00 PM E.T. on October 11th. IOTA has a total market capitalization of $420.58 million and $5.72 million worth of IOTA was traded on exchanges in the last day. One IOTA coin can currently be purchased for approximately $0.12 or 0.00000193 BTC on major exchanges. During the last seven days, IOTA has traded 1.3% lower against the dollar.

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

• Creditcoin (CTC) traded 4.8% higher against the dollar and now trades at $0.41 or 0.00000645 BTC.
• Pax Dollar (USDP) traded up 0.1% against the dollar and now trades at $1.00 or 0.00001587 BTC.
• Electroneum (ETN) traded 3.4% higher against the dollar and now trades at $0.0023 or 0.00000004 BTC.
• Verasity (VRA) traded up 5.6% against the dollar and now trades at $0.0030 or 0.00000005 BTC.
• Meter Governance (MTRG) traded 5% lower against the dollar and now trades at $0.43 or 0.00000675 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 3.8% against the dollar and now trades at $0.0088 or 0.00000014 BTC.

About IOTA

IOTA (CRYPTO:MIOTA) uses the hashing algorithm. Its genesis date was November 25th, 2015. IOTA’s total supply is 3,459,157,943 coins. IOTA’s official Twitter account is @iota and its Facebook page is accessible here. 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. The official website for IOTA 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.”

IOTA Coin Trading

It is usually not possible to buy alternative cryptocurrencies such as IOTA directly using US dollars. Investors seeking to trade IOTA should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy IOTA using one of the aforementioned exchanges.

MIOTA/USD price chart by TradingView