IOTA 1-Day Volume Reaches $13.98 Million (MIOTA)

IOTA (MIOTA) traded up 0.1% against the U.S. dollar during the 1-day period ending at 14:00 PM ET on April 27th. Over the last week, IOTA has traded 4.4% lower against the U.S. dollar. IOTA has a market cap of $753.72 million and $13.98 million worth of IOTA was traded on exchanges in the last day. One IOTA coin can currently be purchased for $0.23 or 0.00000370 BTC on major exchanges.

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

• Creditcoin (CTC) traded 2.4% lower against the dollar and now trades at $0.68 or 0.00001079 BTC.
• Pax Dollar (USDP) traded up 0.1% against the dollar and now trades at $1.00 or 0.00001590 BTC.
• Electroneum (ETN) traded 2.1% lower against the dollar and now trades at $0.0039 or 0.00000006 BTC.
• Verasity (VRA) traded down 1.2% against the dollar and now trades at $0.0059 or 0.00000009 BTC.
• Meter Governance (MTRG) traded down 0.8% against the dollar and now trades at $1.39 or 0.00002199 BTC.
• The Transfer Token (TTT) traded 67.7% higher against the dollar and now trades at $0.0080 or 0.00000013 BTC.
• SOLVE (SOLVE) traded down 0.4% against the dollar and now trades at $0.0202 or 0.00000032 BTC.

About IOTA

IOTA (MIOTA) uses the hashing algorithm. Its launch date was November 25th, 2015. IOTA’s total supply is 3,229,505,319 coins. 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. 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 presently possible to buy alternative cryptocurrencies such as IOTA directly using U.S. dollars. Investors seeking to trade IOTA should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy IOTA using one of the aforementioned exchanges.

MIOTA/USD price chart by TradingView