IOTA (MIOTA) 1-Day Volume Tops $9.72 Million

IOTA (MIOTA) traded 4.8% lower against the U.S. dollar during the 24 hour period ending at 23:00 PM E.T. on September 28th. Over the last week, IOTA has traded 1.1% higher against the U.S. dollar. IOTA has a market cap of $493.20 million and approximately $9.72 million worth of IOTA was traded on exchanges in the last 24 hours. One IOTA coin can currently be purchased for approximately $0.14 or 0.00000218 BTC on major exchanges.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• Creditcoin (CTC) traded down 1.9% against the dollar and now trades at $0.46 or 0.00000702 BTC.
• Pax Dollar (USDP) traded down 0% against the dollar and now trades at $1.00 or 0.00001520 BTC.
• Electroneum (ETN) traded down 7.7% against the dollar and now trades at $0.0024 or 0.00000004 BTC.
• Verasity (VRA) traded down 3.8% against the dollar and now trades at $0.0038 or 0.00000006 BTC.
• Meter Governance (MTRG) traded down 1.8% against the dollar and now trades at $0.47 or 0.00000712 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 2.5% lower against the dollar and now trades at $0.0102 or 0.00000015 BTC.

IOTA Profile

MIOTA uses the hashing algorithm. Its launch date was 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. IOTA’s official message board 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.”

IOTA Coin Trading

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

MIOTA/USD price chart by TradingView