IoTeX Trading 12.8% Lower Over Last 7 Days (IOTX)

IoTeX (IOTX) traded 4.5% lower against the US dollar during the 1-day period ending at 8:00 AM E.T. on January 29th. One IoTeX coin can currently be purchased for $0.0299 or 0.00000029 BTC on popular cryptocurrency exchanges. IoTeX has a total market capitalization of $282.34 million and $10.88 million worth of IoTeX was traded on exchanges in the last day. Over the last seven days, IoTeX has traded down 12.8% against the US dollar.

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

• Aidi Finance (BSC) (AIDI) traded 2.2% lower 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 down 2.2% 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.
• SolvBTC (SOLVBTC) traded 0.3% lower against the dollar and now trades at $102,133.46 or 0.99864511 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 0.5% against the dollar and now trades at $101,772.97 or 0.99512025 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.

IoTeX Coin Profile

IOTX uses the hashing algorithm. It launched on May 23rd, 2018. IoTeX’s total supply is 9,441,369,062 coins and its circulating supply is 9,441,369,057 coins. IoTeX’s official Twitter account is @iotex_io and its Facebook page is accessible here. The Reddit community for IoTeX is https://reddit.com/r/iotex and the currency’s Github account can be viewed here. IoTeX’s official website is www.iotex.io. The official message board for IoTeX is iotex.io/blog.

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.”

IoTeX Coin Trading

It is usually not possible to purchase alternative cryptocurrencies such as IoTeX directly using US dollars. Investors seeking to trade IoTeX should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase IoTeX using one of the exchanges listed above.

IOTX/USD price chart by TradingView