IOTA Price Tops $0.15 on Top Exchanges (MIOTA)

IOTA (MIOTA) traded 2.7% higher against the US dollar during the 24-hour period ending at 18:00 PM E.T. on September 27th. IOTA has a total market capitalization of $509.70 million and $9.89 million worth of IOTA was traded on exchanges in the last 24 hours. Over the last week, IOTA has traded up 7.7% against the US dollar. One IOTA coin can now be purchased for approximately $0.15 or 0.00000225 BTC on exchanges.

Here’s how other cryptocurrencies have performed over the last 24 hours:

• Creditcoin (CTC) traded 1.1% lower against the dollar and now trades at $0.47 or 0.00000712 BTC.
• Pax Dollar (USDP) traded down 0.1% against the dollar and now trades at $1.00 or 0.00001519 BTC.
• Electroneum (ETN) traded 36% higher against the dollar and now trades at $0.0026 or 0.00000004 BTC.
• Verasity (VRA) traded 2.4% lower against the dollar and now trades at $0.0039 or 0.00000006 BTC.
• Meter Governance (MTRG) traded 4.3% lower against the dollar and now trades at $0.47 or 0.00000716 BTC.
• The Transfer Token (TTT) traded 0.4% lower against the dollar and now trades at $0.0050 or 0.00000008 BTC.
• SOLVE (SOLVE) traded up 2.4% against the dollar and now trades at $0.0105 or 0.00000016 BTC.

IOTA Profile

IOTA (MIOTA) uses the hashing algorithm. Its launch date was November 25th, 2015. IOTA’s total supply is 3,440,020,224 coins. IOTA’s official Twitter account is @iota and its Facebook page is accessible here. IOTA’s official website is www.iota.org. 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.

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

MIOTA/USD price chart by TradingView