IOTA (MIOTA) Achieves Market Capitalization of $568.73 Million

IOTA (MIOTA) traded 1.4% higher against the dollar during the twenty-four hour period ending at 16:00 PM ET on June 30th. IOTA has a total market cap of $568.73 million and approximately $5.84 million worth of IOTA was traded on exchanges in the last 24 hours. One IOTA coin can currently be bought for about $0.17 or 0.00000276 BTC on exchanges. In the last week, IOTA has traded 2.2% lower against the dollar.

Here’s how other cryptocurrencies have performed in the last 24 hours:

• Creditcoin (CTC) traded down 1.2% against the dollar and now trades at $0.49 or 0.00000788 BTC.
• Pax Dollar (USDP) traded up 0% against the dollar and now trades at $1.00 or 0.00001615 BTC.
• Electroneum (ETN) traded up 3.3% against the dollar and now trades at $0.0025 or 0.00000004 BTC.
• Verasity (VRA) traded 1% higher against the dollar and now trades at $0.0033 or 0.00000005 BTC.
• Meter Governance (MTRG) traded 1.3% lower against the dollar and now trades at $0.88 or 0.00001429 BTC.
• The Transfer Token (TTT) traded 28.1% higher against the dollar and now trades at $0.0065 or 0.00000011 BTC.
• SOLVE (SOLVE) traded down 4.1% against the dollar and now trades at $0.0118 or 0.00000019 BTC.

About IOTA

IOTA (MIOTA) uses the hashing algorithm. Its genesis date was November 25th, 2015. IOTA’s total supply is 3,325,193,912 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. The official message board for IOTA 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.”

IOTA Coin Trading

It is usually not presently possible to purchase alternative cryptocurrencies such as IOTA directly using U.S. dollars. Investors seeking to acquire IOTA should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Changelly or GDAX. 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