IOTA Price Reaches $0.19 on Exchanges (MIOTA)

IOTA (MIOTA) traded 1% higher against the US dollar during the 1 day period ending at 22:00 PM E.T. on May 26th. One IOTA coin can now be bought for approximately $0.19 or 0.00000729 BTC on major exchanges. IOTA has a market cap of $541.01 million and $7.80 million worth of IOTA was traded on exchanges in the last day. During the last week, IOTA has traded 7.3% higher against the US dollar.

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

• Pax Dollar (USDP) traded up 0.2% against the dollar and now trades at $0.99 or 0.00003717 BTC.
• The Transfer Token (TTT) traded down 2.2% against the dollar and now trades at $0.15 or 0.00000555 BTC.
• Creditcoin (CTC) traded up 1.5% against the dollar and now trades at $0.31 or 0.00001148 BTC.
• Verasity (VRA) traded 2.4% higher against the dollar and now trades at $0.0045 or 0.00000017 BTC.
• Meter Governance (MTRG) traded 8% higher against the dollar and now trades at $2.31 or 0.00008651 BTC.
• Electroneum (ETN) traded up 0.8% against the dollar and now trades at $0.0022 or 0.00000008 BTC.
• SOLVE (SOLVE) traded 1.8% lower against the dollar and now trades at $0.0245 or 0.00000092 BTC.

IOTA Coin Profile

IOTA (MIOTA) uses the hashing algorithm. Its genesis date was November 25th, 2015. IOTA’s total supply is 2,779,530,283 coins. The official message board for IOTA is forum.iota.org. IOTA’s official Twitter account is @iota and its Facebook page is accessible here. The official website for IOTA 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 presently possible to purchase alternative cryptocurrencies such as IOTA directly using US dollars. Investors seeking to trade IOTA should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Gemini or GDAX. 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