IoTeX Trading Down 10.5% This Week (IOTX)

IoTeX (IOTX) traded 10.2% lower against the dollar during the 1 day period ending at 19:00 PM ET on October 25th. One IoTeX coin can now be purchased for approximately $0.0370 or 0.00000056 BTC on major exchanges. During the last seven days, IoTeX has traded 10.5% lower against the dollar. IoTeX has a total market capitalization of $349.78 million and $10.84 million worth of IoTeX was traded on exchanges in the last 24 hours.

Here is how similar cryptocurrencies have performed during the last 24 hours:

• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded down 0% against the dollar and now trades at $0.0944 or 0.00000141 BTC.

About IoTeX

IoTeX (CRYPTO:IOTX) uses the hashing algorithm. Its genesis date was May 23rd, 2018. IoTeX’s total supply is 9,441,372,459 coins and its circulating supply is 9,441,372,454 coins. The official website for IoTeX is www.iotex.io. The Reddit community for IoTeX is https://reddit.com/r/iotex and the currency’s Github account can be viewed here. IoTeX’s official Twitter account is @iotex_io and its Facebook page is accessible here. IoTeX’s official message board is iotex.io/blog.

According to CryptoCompare, “IoTeX is a privacy-focused blockchain infrastructure for the Internet of Things (IoT) that aims to enable autonomous device coordination and create an open ecosystem for people and IoT devices to interact with proper incentives. It is based on Ethereum and uses the Roll-DPoS consensus mechanism for instant finality and high throughput to support millions of devices. The team includes over 30 researchers and engineers and the network has over 100 delegates and is fully open-source. The IOTX token is used for transactions, staking, governance, and registering new devices on the network. The IoTeX ecosystem includes projects such as Ucam, Pebble, Mimo DEX, and IoTeX Scout, among others. The team is headquartered in Silicon Valley and includes former Google, Facebook, and Uber employees.”

IoTeX Coin Trading

It is usually not possible to buy alternative cryptocurrencies such as IoTeX directly using US dollars. Investors seeking to acquire IoTeX should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy IoTeX using one of the aforementioned exchanges.

IOTX/USD price chart by TradingView