IOTA Price Reaches $0.17 on Major Exchanges (MIOTA)

IOTA (MIOTA) traded 1.1% lower against the dollar during the 24-hour period ending at 23:00 PM E.T. on July 1st. Over the last week, IOTA has traded 5% lower against the dollar. IOTA has a market capitalization of $562.90 million and approximately $7.33 million worth of IOTA was traded on exchanges in the last 24 hours. One IOTA coin can currently be purchased for $0.17 or 0.00000268 BTC on popular cryptocurrency exchanges.

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

• Creditcoin (CTC) traded 2.5% lower against the dollar and now trades at $0.48 or 0.00000763 BTC.
• Pax Dollar (USDP) traded up 0.2% against the dollar and now trades at $1.00 or 0.00001588 BTC.
• Electroneum (ETN) traded 1.5% higher against the dollar and now trades at $0.0026 or 0.00000004 BTC.
• Verasity (VRA) traded up 0.8% against the dollar and now trades at $0.0034 or 0.00000005 BTC.
• Meter Governance (MTRG) traded 1.2% lower against the dollar and now trades at $0.88 or 0.00001389 BTC.
• The Transfer Token (TTT) traded down 0.4% against the dollar and now trades at $0.0065 or 0.00000010 BTC.
• SOLVE (SOLVE) traded up 1.5% against the dollar and now trades at $0.0122 or 0.00000019 BTC.

About IOTA

MIOTA uses the hashing algorithm. Its genesis date was November 25th, 2015. IOTA’s total supply is 3,325,193,912 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 website is www.iota.org. IOTA’s official Twitter account is @iota and its Facebook page is accessible 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.”

Buying and Selling IOTA

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

MIOTA/USD price chart by TradingView