IOTA (MIOTA) Price Reaches $0.12 on Top Exchanges

IOTA (MIOTA) traded up 2.3% against the dollar during the one day period ending at 20:00 PM E.T. on October 24th. IOTA has a market capitalization of $411.85 million and approximately $6.67 million worth of IOTA was traded on exchanges in the last day. Over the last seven days, IOTA has traded up 0.4% against the dollar. One IOTA coin can currently be purchased for about $0.12 or 0.00000174 BTC on cryptocurrency exchanges.

Here’s how other cryptocurrencies have performed over the last day:

• Creditcoin (CTC) traded 0.7% lower against the dollar and now trades at $0.40 or 0.00000584 BTC.
• Pax Dollar (USDP) traded 0% higher against the dollar and now trades at $1.00 or 0.00001468 BTC.
• Electroneum (ETN) traded down 6.7% against the dollar and now trades at $0.0020 or 0.00000003 BTC.
• Verasity (VRA) traded up 4.7% against the dollar and now trades at $0.0028 or 0.00000004 BTC.
• Meter Governance (MTRG) traded 3.4% lower against the dollar and now trades at $0.30 or 0.00000447 BTC.
• The Transfer Token (TTT) traded 25.7% lower against the dollar and now trades at $0.0037 or 0.00000006 BTC.
• SOLVE (SOLVE) traded 5.6% lower against the dollar and now trades at $0.0082 or 0.00000012 BTC.

About IOTA

IOTA uses the hashing algorithm. Its launch date was November 25th, 2015. IOTA’s total supply is 3,478,295,661 coins. IOTA’s official Twitter account is @iota and its Facebook page is accessible here. The official message board for IOTA is forum.iota.org. IOTA’s official website 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.

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 U.S. dollars. Investors seeking to trade IOTA should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Changelly 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