IoTeX (IOTX) Self Reported Market Capitalization Tops $398.48 Million

IoTeX (IOTX) traded up 11.2% against the dollar during the 1 day period ending at 16:00 PM ET on October 29th. One IoTeX coin can currently be purchased for approximately $0.0422 or 0.00000057 BTC on popular cryptocurrency exchanges. IoTeX has a market cap of $398.48 million and $12.23 million worth of IoTeX was traded on exchanges in the last day. Over the last week, IoTeX has traded up 4.2% against the dollar.

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

• 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 down 2.2% 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 4.6% higher against the dollar and now trades at $72,376.40 or 0.98409062 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 3.8% against the dollar and now trades at $71,680.56 or 0.97462944 BTC.

About IoTeX

IoTeX uses the hashing algorithm. It was first traded on May 23rd, 2018. IoTeX’s total supply is 9,441,372,292 coins and its circulating supply is 9,441,372,287 coins. The official message board for IoTeX is iotex.io/blog. 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. The official website for IoTeX is www.iotex.io.

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 buy alternative cryptocurrencies such as IoTeX directly using US dollars. Investors seeking to acquire IoTeX should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy IoTeX using one of the aforementioned exchanges.

IOTX/USD price chart by TradingView