IOTA Reaches 24-Hour Trading Volume of $6.91 Million (MIOTA)

IOTA (MIOTA) traded up 0.7% against the US dollar during the 1 day period ending at 23:00 PM E.T. on September 11th. One IOTA coin can now be purchased for about $0.13 or 0.00000219 BTC on exchanges. During the last seven days, IOTA has traded up 4% against the US dollar. IOTA has a market cap of $437.32 million and $6.91 million worth of IOTA was traded on exchanges in the last day.

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

• Creditcoin (CTC) traded up 0.3% against the dollar and now trades at $0.42 or 0.00000717 BTC.
• Pax Dollar (USDP) traded 0.1% lower against the dollar and now trades at $1.00 or 0.00001718 BTC.
• Electroneum (ETN) traded up 0.4% against the dollar and now trades at $0.0017 or 0.00000003 BTC.
• Verasity (VRA) traded 3% higher against the dollar and now trades at $0.0026 or 0.00000004 BTC.
• Meter Governance (MTRG) traded 3.4% higher against the dollar and now trades at $0.45 or 0.00000772 BTC.
• The Transfer Token (TTT) traded 0% lower against the dollar and now trades at $0.0065 or 0.00000011 BTC.
• SOLVE (SOLVE) traded 11.7% higher against the dollar and now trades at $0.0107 or 0.00000018 BTC.

IOTA Profile

MIOTA uses the hashing algorithm. It launched on November 25th, 2015. IOTA’s total supply is 3,420,882,505 coins. The official website for IOTA 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 Twitter account is @iota and its Facebook page is accessible here. The official message board for IOTA 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 purchase alternative cryptocurrencies such as IOTA directly using U.S. dollars. Investors seeking to acquire IOTA should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase IOTA using one of the exchanges listed above.

MIOTA/USD price chart by TradingView