IOTA Trading 12.6% Lower Over Last Week (MIOTA)

IOTA (MIOTA) traded 5.4% lower against the US dollar during the 24 hour period ending at 8:00 AM E.T. on April 30th. During the last seven days, IOTA has traded 12.6% lower against the US dollar. One IOTA coin can now be bought for $0.21 or 0.00000344 BTC on major exchanges. IOTA has a market capitalization of $680.05 million and $13.12 million worth of IOTA was traded on exchanges in the last day.

Here is how related cryptocurrencies have performed during the last day:

• Creditcoin (CTC) traded down 2.1% against the dollar and now trades at $0.64 or 0.00001045 BTC.
• Pax Dollar (USDP) traded up 0.1% against the dollar and now trades at $1.00 or 0.00001633 BTC.
• Electroneum (ETN) traded down 7% against the dollar and now trades at $0.0033 or 0.00000005 BTC.
• Verasity (VRA) traded 4.8% lower against the dollar and now trades at $0.0053 or 0.00000009 BTC.
• Meter Governance (MTRG) traded down 3.9% against the dollar and now trades at $1.38 or 0.00002251 BTC.
• The Transfer Token (TTT) traded 115.1% higher against the dollar and now trades at $0.0080 or 0.00000013 BTC.
• SOLVE (SOLVE) traded down 3.3% against the dollar and now trades at $0.0187 or 0.00000031 BTC.

About IOTA

IOTA (MIOTA) uses the hashing algorithm. Its genesis date was November 25th, 2015. IOTA’s total supply is 3,229,505,319 coins. 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. The official message board for IOTA is forum.iota.org. IOTA’s official Twitter account is @iota and its Facebook page is accessible 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 presently possible to buy alternative cryptocurrencies such as IOTA directly using US dollars. Investors seeking to acquire IOTA should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy IOTA using one of the exchanges listed above.

MIOTA/USD price chart by TradingView