IOTA (MIOTA) Trading 2.3% Lower Over Last Week

IOTA (MIOTA) traded 2.7% higher against the U.S. dollar during the 1-day period ending at 12:00 PM ET on April 28th. IOTA has a market capitalization of $756.39 million and approximately $12.22 million worth of IOTA was traded on exchanges in the last day. One IOTA coin can currently be purchased for about $0.23 or 0.00000369 BTC on popular cryptocurrency exchanges. In the last seven days, IOTA has traded 2.3% lower against the U.S. dollar.

Here’s how related cryptocurrencies have performed in the last day:

• Creditcoin (CTC) traded 1.7% lower against the dollar and now trades at $0.68 or 0.00001072 BTC.
• Pax Dollar (USDP) traded 0.2% lower against the dollar and now trades at $1.00 or 0.00001575 BTC.
• Electroneum (ETN) traded down 5.3% against the dollar and now trades at $0.0037 or 0.00000006 BTC.
• Verasity (VRA) traded 3.2% higher against the dollar and now trades at $0.0059 or 0.00000009 BTC.
• Meter Governance (MTRG) traded 2.5% higher against the dollar and now trades at $1.42 or 0.00002227 BTC.
• SOLVE (SOLVE) traded up 1.7% against the dollar and now trades at $0.0206 or 0.00000032 BTC.
• The Transfer Token (TTT) traded 53.9% lower against the dollar and now trades at $0.0037 or 0.00000006 BTC.

About IOTA

IOTA (MIOTA) uses the hashing algorithm. Its launch date was November 25th, 2015. IOTA’s total supply is 3,229,505,319 coins. IOTA’s official Twitter account is @iota and its Facebook page is accessible here. 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 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 US dollars. Investors seeking to acquire IOTA should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy IOTA using one of the exchanges listed above.

MIOTA/USD price chart by TradingView