IOTA Trading Up 15.7% Over Last 7 Days (MIOTA)

IOTA (MIOTA) traded down 1.4% against the U.S. dollar during the 24-hour period ending at 10:00 AM ET on March 19th. In the last seven days, IOTA has traded 15.7% higher against the U.S. dollar. IOTA has a market cap of $620.07 million and approximately $10.04 million worth of IOTA was traded on exchanges in the last 24 hours. One IOTA coin can currently be bought for approximately $0.22 or 0.00000817 BTC on popular exchanges.

Here is how related cryptocurrencies have performed in the last 24 hours:

• Pax Dollar (USDP) traded 0.8% lower against the dollar and now trades at $0.99 or 0.00003645 BTC.
• The Transfer Token (TTT) traded down 2.1% against the dollar and now trades at $0.16 or 0.00000576 BTC.
• Creditcoin (CTC) traded down 3.2% against the dollar and now trades at $0.39 or 0.00001447 BTC.
• Verasity (VRA) traded 4.5% lower against the dollar and now trades at $0.0070 or 0.00000026 BTC.
• Meter Governance (MTRG) traded 3.2% lower against the dollar and now trades at $3.15 or 0.00011535 BTC.
• Electroneum (ETN) traded 2.9% lower against the dollar and now trades at $0.0024 or 0.00000009 BTC.
• SOLVE (SOLVE) traded up 2.9% against the dollar and now trades at $0.0306 or 0.00000112 BTC.

About IOTA

MIOTA uses the hashing algorithm. It was first traded on November 25th, 2015. IOTA’s total supply is 2,779,530,283 coins. IOTA’s official Twitter account is @iota and its Facebook page is accessible here. IOTA’s official message board 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. IOTA’s official website 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.”

Buying and Selling IOTA

It is usually not possible to buy alternative cryptocurrencies such as IOTA directly using U.S. dollars. Investors seeking to acquire IOTA should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Changelly or GDAX. 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