IOTA One Day Volume Reaches $4.15 Million (MIOTA)

IOTA (MIOTA) traded 1.5% lower against the U.S. dollar during the 24-hour period ending at 20:00 PM ET on September 14th. IOTA has a market capitalization of $440.08 million and $4.15 million worth of IOTA was traded on exchanges in the last day. One IOTA coin can now be purchased for $0.13 or 0.00000214 BTC on popular exchanges. During the last seven days, IOTA has traded 9.3% higher against the U.S. dollar.

Here is how similar cryptocurrencies have performed during the last day:

• Creditcoin (CTC) traded down 0% against the dollar and now trades at $0.43 or 0.00000712 BTC.
• Pax Dollar (USDP) traded 0% lower against the dollar and now trades at $1.00 or 0.00001664 BTC.
• Electroneum (ETN) traded up 4.5% against the dollar and now trades at $0.0028 or 0.00000005 BTC.
• Verasity (VRA) traded 1.8% higher against the dollar and now trades at $0.0027 or 0.00000005 BTC.
• Meter Governance (MTRG) traded 8.5% higher against the dollar and now trades at $0.49 or 0.00000815 BTC.
• The Transfer Token (TTT) traded 7.2% lower against the dollar and now trades at $0.0061 or 0.00000010 BTC.
• SOLVE (SOLVE) traded down 0.8% against the dollar and now trades at $0.0101 or 0.00000017 BTC.

IOTA Coin Profile

MIOTA uses the hashing algorithm. It was first traded on November 25th, 2015. IOTA’s total supply is 3,420,882,505 coins. IOTA’s official message board 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. IOTA’s official website is www.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.”

IOTA Coin Trading

It is usually not currently 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, GDAX or Gemini. 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