IOTA Hits 24 Hour Trading Volume of $5.13 Million (MIOTA)

IOTA (MIOTA) traded up 3.2% against the US dollar during the twenty-four hour period ending at 17:00 PM Eastern on September 17th. IOTA has a market cap of $422.23 million and approximately $5.13 million worth of IOTA was traded on exchanges in the last 24 hours. One IOTA coin can currently be purchased for about $0.12 or 0.00000205 BTC on popular exchanges. Over the last seven days, IOTA has traded 4.9% lower against the US dollar.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• Creditcoin (CTC) traded 1.2% higher against the dollar and now trades at $0.41 or 0.00000684 BTC.
• Pax Dollar (USDP) traded down 0.1% against the dollar and now trades at $1.00 or 0.00001658 BTC.
• Electroneum (ETN) traded down 1.4% against the dollar and now trades at $0.0023 or 0.00000004 BTC.
• Verasity (VRA) traded up 10.3% against the dollar and now trades at $0.0031 or 0.00000005 BTC.
• Meter Governance (MTRG) traded 0.7% lower against the dollar and now trades at $0.45 or 0.00000739 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 up 3.1% against the dollar and now trades at $0.0100 or 0.00000017 BTC.

About IOTA

IOTA (CRYPTO:MIOTA) uses the hashing algorithm. Its genesis date was November 25th, 2015. IOTA’s total supply is 3,420,882,505 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 possible to purchase alternative cryptocurrencies such as IOTA directly using US dollars. Investors seeking to trade IOTA should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase IOTA using one of the exchanges listed above.

MIOTA/USD price chart by TradingView