IOTA (MIOTA) Price Tops $0.12 on Major Exchanges

IOTA (MIOTA) traded 1.5% lower against the US dollar during the 24-hour period ending at 10:00 AM E.T. on September 18th. During the last week, IOTA has traded down 3.1% against the US dollar. One IOTA coin can currently be bought for about $0.12 or 0.00000203 BTC on exchanges. IOTA has a market capitalization of $415.02 million and approximately $6.06 million worth of IOTA was traded on exchanges in the last day.

Here’s how other cryptocurrencies have performed during the last day:

• Creditcoin (CTC) traded 1.8% lower against the dollar and now trades at $0.40 or 0.00000680 BTC.
• Pax Dollar (USDP) traded down 0.1% against the dollar and now trades at $1.00 or 0.00001682 BTC.
• Electroneum (ETN) traded 11.4% lower against the dollar and now trades at $0.0020 or 0.00000003 BTC.
• Verasity (VRA) traded down 3.8% against the dollar and now trades at $0.0030 or 0.00000005 BTC.
• Meter Governance (MTRG) traded 2.4% higher against the dollar and now trades at $0.45 or 0.00000764 BTC.
• The Transfer Token (TTT) traded down 7.2% against the dollar and now trades at $0.0061 or 0.00000010 BTC.
• SOLVE (SOLVE) traded down 2.9% against the dollar and now trades at $0.0098 or 0.00000017 BTC.

IOTA Coin Profile

IOTA (MIOTA) uses the hashing algorithm. It was first traded on November 25th, 2015. IOTA’s total supply is 3,440,020,224 coins. The Reddit community for IOTA is https://reddit.com/r/iota and the currency’s Github account can be viewed here. IOTA’s official Twitter account is @iota and its Facebook page is accessible here. The official website for IOTA is www.iota.org. 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.”

Buying and Selling IOTA

It is usually not presently possible to purchase alternative cryptocurrencies such as IOTA directly using U.S. dollars. Investors seeking to acquire IOTA should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Gemini 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