IOTA Trading Down 10.5% Over Last 7 Days (MIOTA)

IOTA (MIOTA) traded up 4.3% against the US dollar during the 1-day period ending at 9:00 AM Eastern on February 26th. One IOTA coin can now be purchased for approximately $0.20 or 0.00000229 BTC on exchanges. IOTA has a total market cap of $729.48 million and approximately $33.03 million worth of IOTA was traded on exchanges in the last 24 hours. In the last seven days, IOTA has traded down 10.5% against the US dollar.

Here’s how other cryptocurrencies have performed in the last 24 hours:

• Creditcoin (CTC) traded 1.5% lower against the dollar and now trades at $0.70 or 0.00000807 BTC.
• Pax Dollar (USDP) traded 0% lower against the dollar and now trades at $1.00 or 0.00001147 BTC.
• Electroneum (ETN) traded 6.7% higher against the dollar and now trades at $0.0022 or 0.00000003 BTC.
• Verasity (VRA) traded down 0.8% against the dollar and now trades at $0.0021 or 0.00000002 BTC.
• The Transfer Token (TTT) traded down 0% against the dollar and now trades at $0.0037 or 0.00000004 BTC.
• Meter Governance (MTRG) traded down 2.6% against the dollar and now trades at $0.12 or 0.00000136 BTC.
• SOLVE (SOLVE) traded down 24.3% against the dollar and now trades at $0.0015 or 0.00000002 BTC.

IOTA Profile

IOTA uses the hashing algorithm. Its launch date was November 25th, 2015. IOTA’s total supply is 3,650,535,129 coins. The official website for IOTA is www.iota.org. IOTA’s official Twitter account is @iota and its Facebook page is accessible here. IOTA’s official message board 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.

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 possible to buy alternative cryptocurrencies such as IOTA directly using US dollars. Investors seeking to acquire IOTA should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Coinbase or Gemini. 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