IOTA Market Capitalization Achieves $753.08 Million (MIOTA)

IOTA (MIOTA) traded 1.9% higher against the U.S. dollar during the 24-hour period ending at 11:00 AM ET on April 20th. One IOTA coin can currently be purchased for $0.23 or 0.00000365 BTC on cryptocurrency exchanges. Over the last seven days, IOTA has traded 7.2% lower against the U.S. dollar. IOTA has a total market cap of $753.08 million and $10.93 million worth of IOTA was traded on exchanges in the last 24 hours.

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

• Creditcoin (CTC) traded down 4.9% against the dollar and now trades at $0.70 or 0.00001103 BTC.
• Pax Dollar (USDP) traded up 0.2% against the dollar and now trades at $1.00 or 0.00001571 BTC.
• Electroneum (ETN) traded 4.8% lower against the dollar and now trades at $0.0048 or 0.00000008 BTC.
• Verasity (VRA) traded 0.2% higher against the dollar and now trades at $0.0061 or 0.00000009 BTC.
• Meter Governance (MTRG) traded down 1.1% against the dollar and now trades at $1.47 or 0.00002299 BTC.
• The Transfer Token (TTT) traded up 0.3% against the dollar and now trades at $0.0081 or 0.00000013 BTC.
• SOLVE (SOLVE) traded 0.9% lower against the dollar and now trades at $0.0205 or 0.00000032 BTC.

About IOTA

IOTA (MIOTA) uses the hashing algorithm. Its genesis date was November 25th, 2015. IOTA’s total supply is 3,229,505,319 coins. IOTA’s official website is www.iota.org. IOTA’s official Twitter account is @iota and its Facebook page is accessible here. The official message board for IOTA is forum.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 possible to purchase alternative cryptocurrencies such as IOTA directly using US dollars. Investors seeking to acquire IOTA should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Coinbase or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase IOTA using one of the aforementioned exchanges.

MIOTA/USD price chart by TradingView