IOTA Price Tops $0.22 on Exchanges (MIOTA)

IOTA (MIOTA) traded 1.8% higher against the US dollar during the 1-day period ending at 10:00 AM E.T. on March 6th. IOTA has a market cap of $802.27 million and $36.88 million worth of IOTA was traded on exchanges in the last 24 hours. During the last week, IOTA has traded 7.1% higher against the US dollar. One IOTA coin can currently be purchased for about $0.22 or 0.00000240 BTC on exchanges.

Here’s how related cryptocurrencies have performed during the last 24 hours:

• Creditcoin (CTC) traded up 4.6% against the dollar and now trades at $0.71 or 0.00000783 BTC.
• Pax Dollar (USDP) traded 0% higher against the dollar and now trades at $1.00 or 0.00001099 BTC.
• Electroneum (ETN) traded down 0.4% against the dollar and now trades at $0.0021 or 0.00000002 BTC.
• Verasity (VRA) traded 0.1% lower against the dollar and now trades at $0.0019 or 0.00000002 BTC.
• The Transfer Token (TTT) traded down 0% against the dollar and now trades at $0.0037 or 0.00000004 BTC.
• Meter Governance (MTRG) traded 16.5% higher against the dollar and now trades at $0.12 or 0.00000134 BTC.
• SOLVE (SOLVE) traded up 18.7% against the dollar and now trades at $0.0017 or 0.00000002 BTC.

IOTA Profile

IOTA (MIOTA) uses the hashing algorithm. It was first traded on November 25th, 2015. IOTA’s total supply is 3,669,672,848 coins. The official website for IOTA is www.iota.org. IOTA’s official message board is forum.iota.org. IOTA’s official Twitter account is @iota and its Facebook page is accessible here. The Reddit community for IOTA is https://reddit.com/r/iota and the currency’s Github account can be viewed here.

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 presently possible to purchase alternative cryptocurrencies such as IOTA directly using U.S. dollars. Investors seeking to trade IOTA should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase IOTA using one of the exchanges listed above.

MIOTA/USD price chart by TradingView