IOTA Tops 24-Hour Volume of $19.48 Million (MIOTA)

IOTA (MIOTA) traded 6.3% lower against the dollar during the 1-day period ending at 17:00 PM E.T. on June 8th. One IOTA coin can currently be bought for about $0.21 or 0.00000298 BTC on popular cryptocurrency exchanges. During the last week, IOTA has traded 5.4% lower against the dollar. IOTA has a total market cap of $678.92 million and $19.48 million worth of IOTA was traded on exchanges in the last 24 hours.

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

  • Creditcoin (CTC) traded down 1.1% against the dollar and now trades at $0.63 or 0.00000903 BTC.
  • Pax Dollar (USDP) traded 0% higher against the dollar and now trades at $1.00 or 0.00001443 BTC.
  • Electroneum (ETN) traded 5.1% lower against the dollar and now trades at $0.0025 or 0.00000004 BTC.
  • Verasity (VRA) traded 6.2% lower against the dollar and now trades at $0.0040 or 0.00000006 BTC.
  • Meter Governance (MTRG) traded 0.4% higher against the dollar and now trades at $1.14 or 0.00001643 BTC.
  • SOLVE (SOLVE) traded down 1.4% against the dollar and now trades at $0.0169 or 0.00000024 BTC.
  • The Transfer Token (TTT) traded 17.6% lower against the dollar and now trades at $0.0051 or 0.00000007 BTC.

About IOTA

MIOTA uses the hashing algorithm. Its launch date was November 25th, 2015. IOTA’s total supply is 3,286,918,475 coins. IOTA’s official Twitter account is @iota and its Facebook page is accessible here. The official website for IOTA is www.iota.org. The official message board for IOTA 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.

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 buy alternative cryptocurrencies such as IOTA directly using U.S. dollars. Investors seeking to trade IOTA should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy IOTA using one of the aforementioned exchanges.

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