IOTA (MIOTA) Trading Up 11% This Week

IOTA (MIOTA) traded 0.3% higher against the US dollar during the 24 hour period ending at 15:00 PM E.T. on July 20th. IOTA has a total market capitalization of $587.81 million and $6.67 million worth of IOTA was traded on exchanges in the last 24 hours. Over the last week, IOTA has traded up 11% against the US dollar. One IOTA coin can currently be purchased for approximately $0.18 or 0.00000261 BTC on major cryptocurrency exchanges.

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

• Creditcoin (CTC) traded up 0.7% against the dollar and now trades at $0.53 or 0.00000792 BTC.
• Pax Dollar (USDP) traded down 0% against the dollar and now trades at $1.00 or 0.00001484 BTC.
• Electroneum (ETN) traded 0.2% higher against the dollar and now trades at $0.0024 or 0.00000003 BTC.
• Verasity (VRA) traded 1.5% lower against the dollar and now trades at $0.0041 or 0.00000006 BTC.
• Meter Governance (MTRG) traded down 0.1% against the dollar and now trades at $0.84 or 0.00001241 BTC.
• The Transfer Token (TTT) traded 0% lower against the dollar and now trades at $0.0060 or 0.00000009 BTC.
• SOLVE (SOLVE) traded 0.8% higher against the dollar and now trades at $0.0106 or 0.00000016 BTC.

About IOTA

MIOTA uses the hashing algorithm. Its genesis date was November 25th, 2015. IOTA’s total supply is 3,344,331,631 coins. IOTA’s official website is www.iota.org. The official message board for IOTA is forum.iota.org. 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.

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

MIOTA/USD price chart by TradingView