IoTeX Price Down 6.5% Over Last Week (IOTX)

IoTeX (IOTX) traded 1.5% lower against the dollar during the one day period ending at 16:00 PM ET on October 28th. IoTeX has a market cap of $359.39 million and $8.35 million worth of IoTeX was traded on exchanges in the last 24 hours. In the last seven days, IoTeX has traded 6.5% lower against the dollar. One IoTeX coin can now be bought for $0.0381 or 0.00000055 BTC on exchanges.

Here is how other cryptocurrencies have performed in the last 24 hours:

• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded up 2.7% against the dollar and now trades at $69,405.55 or 0.99610055 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 2.7% higher against the dollar and now trades at $69,250.38 or 0.99387355 BTC.

IoTeX Profile

IoTeX uses the hashing algorithm. It was first traded on May 23rd, 2018. IoTeX’s total supply is 9,441,372,459 coins and its circulating supply is 9,441,372,454 coins. IoTeX’s official website is www.iotex.io. IoTeX’s official Twitter account is @iotex_io and its Facebook page is accessible here. The official message board for IoTeX is iotex.io/blog. The Reddit community for IoTeX is https://reddit.com/r/iotex and the currency’s Github account can be viewed here.

According to CryptoCompare, “IoTeX is a privacy-focused blockchain infrastructure for the Internet of Things (IoT) that aims to enable autonomous device coordination and create an open ecosystem for people and IoT devices to interact with proper incentives. It is based on Ethereum and uses the Roll-DPoS consensus mechanism for instant finality and high throughput to support millions of devices. The team includes over 30 researchers and engineers and the network has over 100 delegates and is fully open-source. The IOTX token is used for transactions, staking, governance, and registering new devices on the network. The IoTeX ecosystem includes projects such as Ucam, Pebble, Mimo DEX, and IoTeX Scout, among others. The team is headquartered in Silicon Valley and includes former Google, Facebook, and Uber employees.”

Buying and Selling IoTeX

It is usually not currently possible to purchase alternative cryptocurrencies such as IoTeX directly using U.S. dollars. Investors seeking to acquire IoTeX 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 IoTeX using one of the exchanges listed above.

IOTX/USD price chart by TradingView