IOTA Reaches 24-Hour Volume of $38.35 Million (MIOTA)

IOTA (MIOTA) traded down 6.3% against the U.S. dollar during the 1 day period ending at 9:00 AM E.T. on February 6th. IOTA has a total market cap of $797.72 million and $38.35 million worth of IOTA was traded on exchanges in the last day. During the last week, IOTA has traded 28.6% lower against the U.S. dollar. One IOTA coin can currently be purchased for about $0.22 or 0.00000224 BTC on cryptocurrency exchanges.

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

• Creditcoin (CTC) traded up 2.2% against the dollar and now trades at $0.94 or 0.00000954 BTC.
• Pax Dollar (USDP) traded up 0% against the dollar and now trades at $1.00 or 0.00001018 BTC.
• Electroneum (ETN) traded 2.5% lower against the dollar and now trades at $0.0023 or 0.00000002 BTC.
• Verasity (VRA) traded down 3.4% against the dollar and now trades at $0.0024 or 0.00000002 BTC.
• The Transfer Token (TTT) traded 0.5% lower against the dollar and now trades at $0.0037 or 0.00000004 BTC.
• Meter Governance (MTRG) traded up 10.7% against the dollar and now trades at $0.13 or 0.00000128 BTC.
• SOLVE (SOLVE) traded 28.7% lower against the dollar and now trades at $0.0017 or 0.00000002 BTC.

About IOTA

IOTA (CRYPTO:MIOTA) uses the hashing algorithm. Its genesis date was November 25th, 2015. IOTA’s total supply is 3,631,397,410 coins. The official message board for IOTA is forum.iota.org. IOTA’s official Twitter account is @iota and its Facebook page is accessible here. IOTA’s official website 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.

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 US dollars. Investors seeking to trade IOTA should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Changelly 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