IoTeX (IOTX) Hits Self Reported Market Cap of $383.91 Million

IoTeX (IOTX) traded down 2.5% against the U.S. dollar during the 1 day period ending at 12:00 PM ET on October 31st. One IoTeX coin can now be bought for $0.0407 or 0.00000058 BTC on popular cryptocurrency exchanges. During the last week, IoTeX has traded down 0.7% against the U.S. dollar. IoTeX has a total market cap of $383.91 million and approximately $8.61 million worth of IoTeX was traded on exchanges in the last day.

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

• 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 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 1.9% lower against the dollar and now trades at $70,509.80 or 1.00155706 BTC.
• SolvBTC (SOLVBTC) traded down 2.2% against the dollar and now trades at $70,478.81 or 1.00111686 BTC.

IoTeX Profile

IOTX uses the hashing algorithm. It launched on May 23rd, 2018. IoTeX’s total supply is 9,441,372,292 coins and its circulating supply is 9,441,372,287 coins. IoTeX’s official website is www.iotex.io. The official message board for IoTeX is iotex.io/blog. IoTeX’s official Twitter account is @iotex_io and its Facebook page is accessible here. The Reddit community for IoTeX is https://reddit.com/r/iotex and the currency’s Github account can be viewed here.

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.”

Buying and Selling IoTeX

It is usually not currently possible to purchase alternative cryptocurrencies such as IoTeX directly using U.S. dollars. Investors seeking to trade IoTeX should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase IoTeX using one of the exchanges listed above.

IOTX/USD price chart by TradingView