IOTA (MIOTA) Reaches 1-Day Trading Volume of $28.32 Million

IOTA (MIOTA) traded up 0.4% against the dollar during the 1-day period ending at 8:00 AM E.T. on March 29th. During the last week, IOTA has traded 13.2% higher against the dollar. IOTA has a total market cap of $1.13 billion and $28.32 million worth of IOTA was traded on exchanges in the last 24 hours. One IOTA coin can now be purchased for $0.35 or 0.00000505 BTC on popular cryptocurrency exchanges.

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

• Creditcoin (CTC) traded down 1.1% against the dollar and now trades at $0.99 or 0.00001409 BTC.
• Pax Dollar (USDP) traded 0.1% lower against the dollar and now trades at $1.00 or 0.00001425 BTC.
• Electroneum (ETN) traded down 1.7% against the dollar and now trades at $0.0066 or 0.00000009 BTC.
• Verasity (VRA) traded down 0.1% against the dollar and now trades at $0.0097 or 0.00000014 BTC.
• Meter Governance (MTRG) traded up 0.8% against the dollar and now trades at $2.09 or 0.00002983 BTC.
• The Transfer Token (TTT) traded 5% lower against the dollar and now trades at $0.0152 or 0.00000022 BTC.
• SOLVE (SOLVE) traded up 2.1% against the dollar and now trades at $0.0273 or 0.00000039 BTC.

IOTA Profile

MIOTA uses the hashing algorithm. Its launch date was November 25th, 2015. IOTA’s total supply is 3,191,229,882 coins. 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. 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 currently possible to buy alternative cryptocurrencies such as IOTA directly using U.S. dollars. Investors seeking to acquire IOTA should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Changelly or Gemini. 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

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