IOTA One Day Volume Reaches $9.37 Million (MIOTA)

IOTA (MIOTA) traded 1.1% higher against the US dollar during the 1 day period ending at 16:00 PM E.T. on September 29th. One IOTA coin can now be bought for approximately $0.14 or 0.00000219 BTC on major exchanges. During the last week, IOTA has traded 4.2% higher against the US dollar. IOTA has a market cap of $497.76 million and $9.37 million worth of IOTA was traded on exchanges in the last day.

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

• Creditcoin (CTC) traded down 0.2% against the dollar and now trades at $0.46 or 0.00000703 BTC.
• Pax Dollar (USDP) traded up 0% against the dollar and now trades at $1.00 or 0.00001517 BTC.
• Electroneum (ETN) traded down 5.9% against the dollar and now trades at $0.0023 or 0.00000004 BTC.
• Verasity (VRA) traded 3.1% lower against the dollar and now trades at $0.0037 or 0.00000006 BTC.
• Meter Governance (MTRG) traded 2.7% higher against the dollar and now trades at $0.47 or 0.00000715 BTC.
• The Transfer Token (TTT) traded down 0.4% against the dollar and now trades at $0.0050 or 0.00000008 BTC.
• SOLVE (SOLVE) traded 4.9% lower against the dollar and now trades at $0.0098 or 0.00000015 BTC.

IOTA Coin Profile

IOTA (MIOTA) uses the hashing algorithm. Its genesis 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. The Reddit community for IOTA is https://reddit.com/r/iota and the currency’s Github account can be viewed here. The official message board for IOTA 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 presently possible to purchase alternative cryptocurrencies such as IOTA directly using US dollars. Investors seeking to trade IOTA should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Gemini or GDAX. 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