IoTeX (IOTX) Achieves Self Reported Market Cap of $341.84 Million

IoTeX (IOTX) traded 0.6% higher against the US dollar during the 1-day period ending at 12:00 PM Eastern on November 4th. During the last week, IoTeX has traded 4.3% lower against the US dollar. One IoTeX coin can now be purchased for approximately $0.0362 or 0.00000053 BTC on exchanges. IoTeX has a market cap of $341.84 million and approximately $7.37 million worth of IoTeX was traded on exchanges in the last day.

Here’s how similar cryptocurrencies have performed during the last day:

• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower 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 up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower 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 0.5% higher against the dollar and now trades at $68,312.28 or 1.00926923 BTC.
• SolvBTC (SOLVBTC) traded down 0.1% against the dollar and now trades at $68,142.90 or 1.00676677 BTC.

About IoTeX

IoTeX (IOTX) uses the hashing algorithm. It launched on May 23rd, 2018. IoTeX’s total supply is 9,441,369,065 coins and its circulating supply is 9,441,369,060 coins. 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. The official message board for IoTeX is iotex.io/blog. IoTeX’s official website is www.iotex.io.

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 currently 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 Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy IoTeX using one of the exchanges listed above.

IOTX/USD price chart by TradingView