IOTA (MIOTA) Tops 1-Day Volume of $7.06 Million

IOTA (MIOTA) traded 1.5% higher against the dollar during the 1-day period ending at 13:00 PM ET on July 9th. IOTA has a market capitalization of $507.51 million and $7.06 million worth of IOTA was traded on exchanges in the last day. One IOTA coin can now be purchased for about $0.15 or 0.00000265 BTC on major cryptocurrency exchanges. In the last seven days, IOTA has traded 9.4% lower against the dollar.

Here is how other cryptocurrencies have performed in the last day:

• Creditcoin (CTC) traded down 0.1% against the dollar and now trades at $0.47 or 0.00000819 BTC.
• Pax Dollar (USDP) traded 0% higher against the dollar and now trades at $1.00 or 0.00001739 BTC.
• Electroneum (ETN) traded up 2.5% against the dollar and now trades at $0.0023 or 0.00000004 BTC.
• Verasity (VRA) traded 1.2% higher against the dollar and now trades at $0.0032 or 0.00000006 BTC.
• Meter Governance (MTRG) traded up 0.1% against the dollar and now trades at $0.79 or 0.00001371 BTC.
• The Transfer Token (TTT) traded 0.4% lower against the dollar and now trades at $0.0065 or 0.00000010 BTC.
• SOLVE (SOLVE) traded up 0.3% against the dollar and now trades at $0.0103 or 0.00000018 BTC.

IOTA Profile

IOTA (MIOTA) uses the hashing algorithm. Its launch date was November 25th, 2015. IOTA’s total supply is 3,325,193,912 coins. The official website for IOTA 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. 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 US dollars. Investors seeking to acquire IOTA should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase IOTA using one of the aforementioned exchanges.

MIOTA/USD price chart by TradingView