IOTA One Day Volume Reaches $5.90 Million (MIOTA)

IOTA (MIOTA) traded down 5.1% against the U.S. dollar during the 24 hour period ending at 12:00 PM Eastern on September 16th. One IOTA coin can now be purchased for about $0.12 or 0.00000209 BTC on popular exchanges. IOTA has a total market capitalization of $412.12 million and approximately $5.90 million worth of IOTA was traded on exchanges in the last day. Over the last week, IOTA has traded 3.8% lower against the U.S. dollar.

Here is how related cryptocurrencies have performed over the last day:

• Creditcoin (CTC) traded down 3.8% against the dollar and now trades at $0.41 or 0.00000707 BTC.
• Pax Dollar (USDP) traded up 0% against the dollar and now trades at $1.00 or 0.00001732 BTC.
• Electroneum (ETN) traded 15.7% lower against the dollar and now trades at $0.0022 or 0.00000004 BTC.
• Verasity (VRA) traded up 1.4% against the dollar and now trades at $0.0030 or 0.00000005 BTC.
• Meter Governance (MTRG) traded down 8.5% against the dollar and now trades at $0.46 or 0.00000802 BTC.
• The Transfer Token (TTT) traded down 7.2% against the dollar and now trades at $0.0061 or 0.00000010 BTC.
• SOLVE (SOLVE) traded 4.8% lower against the dollar and now trades at $0.0096 or 0.00000017 BTC.

IOTA Profile

IOTA (CRYPTO:MIOTA) uses the hashing algorithm. It launched on November 25th, 2015. IOTA’s total supply is 3,420,882,505 coins. IOTA’s official Twitter account is @iota and its Facebook page is accessible here. The Reddit community for IOTA is https://reddit.com/r/iota and the currency’s Github account can be viewed here. The official website for IOTA is www.iota.org. 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 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, Coinbase or Changelly. 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