IOTA (MIOTA) Price Down 26.3% Over Last 7 Days

IOTA (MIOTA) traded down 3.8% against the U.S. dollar during the 1 day period ending at 8:00 AM Eastern on April 17th. One IOTA coin can now be bought for approximately $0.21 or 0.00000343 BTC on popular cryptocurrency exchanges. During the last week, IOTA has traded down 26.3% against the U.S. dollar. IOTA has a total market cap of $688.79 million and approximately $15.60 million worth of IOTA was traded on exchanges in the last 24 hours.

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

• Creditcoin (CTC) traded 7.6% lower against the dollar and now trades at $0.62 or 0.00001000 BTC.
• Pax Dollar (USDP) traded down 0.3% against the dollar and now trades at $1.00 or 0.00001607 BTC.
• Electroneum (ETN) traded down 2.3% against the dollar and now trades at $0.0049 or 0.00000008 BTC.
• Verasity (VRA) traded down 3.8% against the dollar and now trades at $0.0053 or 0.00000008 BTC.
• Meter Governance (MTRG) traded up 1.3% against the dollar and now trades at $1.43 or 0.00002300 BTC.
• The Transfer Token (TTT) traded 0.3% higher against the dollar and now trades at $0.0081 or 0.00000013 BTC.
• SOLVE (SOLVE) traded up 1.6% against the dollar and now trades at $0.0203 or 0.00000033 BTC.

About IOTA

IOTA uses the hashing algorithm. Its genesis date was November 25th, 2015. IOTA’s total supply is 3,229,505,319 coins. IOTA’s official Twitter account is @iota and its Facebook page is accessible here. The Reddit community for IOTA is https://reddit.com/r/iota and the currency’s Github account can be viewed here. IOTA’s official message board is forum.iota.org. The official website for IOTA is www.iota.org.

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 currently possible to purchase alternative cryptocurrencies such as IOTA directly using US dollars. Investors seeking to acquire IOTA should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase IOTA using one of the exchanges listed above.

MIOTA/USD price chart by TradingView