IOTA (MIOTA) Tops One Day Volume of $40.53 Million

IOTA (MIOTA) traded up 13.1% against the US dollar during the 1-day period ending at 23:00 PM ET on March 20th. In the last week, IOTA has traded 20.5% lower against the US dollar. IOTA has a total market cap of $1.02 billion and approximately $40.53 million worth of IOTA was traded on exchanges in the last day. One IOTA coin can currently be bought for approximately $0.32 or 0.00000481 BTC on major cryptocurrency exchanges.

Here’s how related cryptocurrencies have performed in the last day:

  • Creditcoin (CTC) traded up 29.9% against the dollar and now trades at $0.95 or 0.00001427 BTC.
  • Pax Dollar (USDP) traded down 0.1% against the dollar and now trades at $1.00 or 0.00001499 BTC.
  • Verasity (VRA) traded up 13.5% against the dollar and now trades at $0.0115 or 0.00000017 BTC.
  • Electroneum (ETN) traded down 4.5% against the dollar and now trades at $0.0058 or 0.00000009 BTC.
  • Meter Governance (MTRG) traded 7.5% higher against the dollar and now trades at $2.21 or 0.00003319 BTC.
  • SOLVE (SOLVE) traded down 8.7% against the dollar and now trades at $0.0249 or 0.00000037 BTC.
  • The Transfer Token (TTT) traded 0.2% higher against the dollar and now trades at $0.0070 or 0.00000011 BTC.

IOTA Profile

MIOTA uses the hashing algorithm. Its launch date was November 25th, 2015. IOTA’s total supply is 3,191,229,882 coins. IOTA’s official website is www.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 message board is forum.iota.org. IOTA’s official Twitter account is @iota and its Facebook page is accessible 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 presently possible to buy alternative cryptocurrencies such as IOTA directly using U.S. dollars. Investors seeking to trade IOTA should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy IOTA using one of the aforementioned exchanges.

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