IOTA Tops One Day Trading Volume of $9.69 Million (MIOTA)

IOTA (MIOTA) traded up 0% against the U.S. dollar during the 24-hour period ending at 11:00 AM ET on April 26th. IOTA has a market capitalization of $753.90 million and $9.69 million worth of IOTA was traded on exchanges in the last day. One IOTA coin can now be bought for about $0.23 or 0.00000362 BTC on major exchanges. During the last week, IOTA has traded up 1.6% against the U.S. dollar.

Here is how related cryptocurrencies have performed during the last day:

• Creditcoin (CTC) traded up 1.6% against the dollar and now trades at $0.70 or 0.00001082 BTC.
• Pax Dollar (USDP) traded up 0.1% against the dollar and now trades at $1.00 or 0.00001556 BTC.
• Electroneum (ETN) traded 0.2% lower against the dollar and now trades at $0.0041 or 0.00000006 BTC.
• Verasity (VRA) traded 3.8% higher against the dollar and now trades at $0.0059 or 0.00000009 BTC.
• Meter Governance (MTRG) traded 1% lower against the dollar and now trades at $1.40 or 0.00002174 BTC.
• The Transfer Token (TTT) traded 0.4% lower against the dollar and now trades at $0.0080 or 0.00000013 BTC.
• SOLVE (SOLVE) traded down 0.2% against the dollar and now trades at $0.0201 or 0.00000031 BTC.

IOTA Profile

IOTA uses the hashing algorithm. Its launch date was November 25th, 2015. IOTA’s total supply is 3,229,505,319 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 message board 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.

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 Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase IOTA using one of the exchanges listed above.

MIOTA/USD price chart by TradingView