IOTA (MIOTA) Reaches 1-Day Volume of $13.90 Million

IOTA (MIOTA) traded up 4.3% against the US dollar during the 24 hour period ending at 20:00 PM Eastern on September 21st. One IOTA coin can currently be purchased for $0.14 or 0.00000228 BTC on popular exchanges. IOTA has a total market cap of $496.47 million and $13.90 million worth of IOTA was traded on exchanges in the last 24 hours. During the last week, IOTA has traded up 12.5% against the US dollar.

Here is how other cryptocurrencies have performed during the last 24 hours:

• Creditcoin (CTC) traded 0.2% higher against the dollar and now trades at $0.46 or 0.00000720 BTC.
• Pax Dollar (USDP) traded 0.1% higher against the dollar and now trades at $1.00 or 0.00001583 BTC.
• Verasity (VRA) traded up 7.9% against the dollar and now trades at $0.0041 or 0.00000007 BTC.
• Electroneum (ETN) traded down 2.2% against the dollar and now trades at $0.0019 or 0.00000003 BTC.
• Meter Governance (MTRG) traded up 1.3% against the dollar and now trades at $0.43 or 0.00000682 BTC.
• The Transfer Token (TTT) traded 0.4% lower against the dollar and now trades at $0.0060 or 0.00000010 BTC.
• SOLVE (SOLVE) traded down 0.3% against the dollar and now trades at $0.0098 or 0.00000016 BTC.

IOTA Coin Profile

IOTA (CRYPTO:MIOTA) uses the hashing algorithm. It was first traded on November 25th, 2015. IOTA’s total supply is 3,440,020,224 coins. 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. IOTA’s official Twitter account is @iota and its Facebook page is accessible here. The official message board for IOTA is forum.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 presently 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 Changelly, Coinbase or Gemini. 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