IOTA (MIOTA) Tops One Day Volume of $44.40 Million

IOTA (MIOTA) traded down 2.5% against the U.S. dollar during the 24-hour period ending at 11:00 AM ET on April 15th. One IOTA coin can now be bought for about $0.16 or 0.00000191 BTC on popular cryptocurrency exchanges. Over the last seven days, IOTA has traded 5.8% higher against the U.S. dollar. IOTA has a total market cap of $602.33 million and $44.40 million worth of IOTA was traded on exchanges in the last day.

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

• Creditcoin (CTC) traded down 0.5% against the dollar and now trades at $0.57 or 0.00000671 BTC.
• Pax Dollar (USDP) traded up 0% against the dollar and now trades at $1.00 or 0.00001173 BTC.
• Electroneum (ETN) traded down 2% against the dollar and now trades at $0.0016 or 0.00000002 BTC.
• Verasity (VRA) traded up 1.4% against the dollar and now trades at $0.0013 or 0.00000002 BTC.
• The Transfer Token (TTT) traded down 18.6% against the dollar and now trades at $0.0030 or 0.00000003 BTC.
• Meter Governance (MTRG) traded 1.6% lower against the dollar and now trades at $0.0786 or 0.00000092 BTC.
• SOLVE (SOLVE) traded 12.8% lower against the dollar and now trades at $0.0002 or 0.00000000 BTC.

IOTA Coin Profile

IOTA (CRYPTO:MIOTA) uses the hashing algorithm. Its genesis date was November 25th, 2015. IOTA’s total supply is 3,707,948,285 coins. IOTA’s official message board 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. The official website for IOTA is www.iota.org. IOTA’s official Twitter account is @iota and its Facebook page is accessible here.

According to CryptoCompare, “IOTA is an open-source distributed ledger protocol that goes 'beyond blockchain' through its core invention of the blockless ‘Tangle’. The IOTA Tangle is a quantum-proof Directed Acyclic Graph, with no fees on transactions & no fixed limit on how many transactions can be confirmed per second in the network. Instead, throughput grows in conjunction with activity in the network; the more activity, the faster the network. Unlike blockchain architecture, IOTA has no separation between users and validators; rather, validation is an intrinsic property of using the ledger, thus avoiding centralization. IOTA is initially focused on serving as the backbone of the emerging Internet-of-Things (IoT).The total supply of IOTA is (3^33 – 1) / 2 = 2,779,530,283,277,761 tokens. This value is optimized for ternary computation – it is the largest possible 33-digit ternary number:111,111,111,111,111,111,111,111,111,111,111 (base-3) = 2,779,530,283,277,761 (base-10)The total IOTA token supply was “minted” on the genesis transaction and will never change. It is now impossible for anyone to “mint” or “mine” new IOTA tokens.IOTA uses the International System of Units (or SI units):”

IOTA Coin Trading

It is usually not currently possible to purchase alternative cryptocurrencies such as IOTA directly using US dollars. Investors seeking to trade IOTA should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, 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