IOTA 1-Day Volume Reaches $90.19 Million (MIOTA)

IOTA (MIOTA) traded down 6.9% against the U.S. dollar during the one day period ending at 9:00 AM E.T. on January 9th. One IOTA coin can now be bought for $0.30 or 0.00000324 BTC on popular cryptocurrency exchanges. Over the last seven days, IOTA has traded 11.5% lower against the U.S. dollar. IOTA has a market capitalization of $1.07 billion and $90.19 million worth of IOTA was traded on exchanges in the last 24 hours.

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

• Creditcoin (CTC) traded 6% lower against the dollar and now trades at $1.02 or 0.00001110 BTC.
• Pax Dollar (USDP) traded up 0% against the dollar and now trades at $1.00 or 0.00001085 BTC.
• Electroneum (ETN) traded 5.4% lower against the dollar and now trades at $0.0031 or 0.00000003 BTC.
• Verasity (VRA) traded 6.9% lower against the dollar and now trades at $0.0040 or 0.00000004 BTC.
• Meter Governance (MTRG) traded down 0.6% against the dollar and now trades at $0.42 or 0.00000461 BTC.
• The Transfer Token (TTT) traded up 19.4% against the dollar and now trades at $0.0037 or 0.00000004 BTC.
• SOLVE (SOLVE) traded 1.3% lower against the dollar and now trades at $0.0061 or 0.00000007 BTC.

IOTA Coin Profile

MIOTA uses the hashing algorithm. It was first traded on November 25th, 2015. IOTA’s total supply is 3,593,121,973 coins. IOTA’s official website is www.iota.org. The Reddit community for IOTA is https://reddit.com/r/iota and the currency’s Github account can be viewed here. IOTA’s official Twitter account is @iota and its Facebook page is accessible here. 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.”

IOTA Coin Trading

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