IOTA Price Tops $0.23 on Top Exchanges (MIOTA)

IOTA (MIOTA) traded 0% higher against the US dollar during the 24-hour period ending at 11:00 AM E.T. on April 26th. During the last week, IOTA has traded up 1.6% against the US dollar. IOTA has a market capitalization of $753.90 million and approximately $9.69 million worth of IOTA was traded on exchanges in the last day. One IOTA coin can currently be bought for about $0.23 or 0.00000362 BTC on exchanges.

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

• Creditcoin (CTC) traded 1.6% higher against the dollar and now trades at $0.70 or 0.00001082 BTC.
• Pax Dollar (USDP) traded up 0.1% against the dollar and now trades at $1.00 or 0.00001556 BTC.
• Electroneum (ETN) traded 0.2% lower against the dollar and now trades at $0.0041 or 0.00000006 BTC.
• Verasity (VRA) traded up 3.8% against the dollar and now trades at $0.0059 or 0.00000009 BTC.
• Meter Governance (MTRG) traded 1% lower against the dollar and now trades at $1.40 or 0.00002174 BTC.
• The Transfer Token (TTT) traded down 0.4% against the dollar and now trades at $0.0080 or 0.00000013 BTC.
• SOLVE (SOLVE) traded down 0.2% against the dollar and now trades at $0.0201 or 0.00000031 BTC.

IOTA Coin Profile

IOTA (MIOTA) uses the hashing algorithm. It was first traded on November 25th, 2015. IOTA’s total supply is 3,229,505,319 coins. The official website for IOTA is www.iota.org. 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.

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.”

Buying and Selling IOTA

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

MIOTA/USD price chart by TradingView