IOTA (MIOTA) Price Tops $0.17

IOTA (MIOTA) traded down 0.7% against the dollar during the twenty-four hour period ending at 12:00 PM Eastern on July 2nd. IOTA has a market capitalization of $561.49 million and approximately $6.69 million worth of IOTA was traded on exchanges in the last day. Over the last seven days, IOTA has traded 6.6% lower against the dollar. One IOTA coin can currently be bought for about $0.17 or 0.00000273 BTC on major exchanges.

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

• Creditcoin (CTC) traded down 2.2% against the dollar and now trades at $0.48 or 0.00000771 BTC.
• Pax Dollar (USDP) traded 0.1% lower against the dollar and now trades at $1.00 or 0.00001618 BTC.
• Electroneum (ETN) traded 1.3% higher against the dollar and now trades at $0.0025 or 0.00000004 BTC.
• Verasity (VRA) traded 4.6% higher against the dollar and now trades at $0.0035 or 0.00000006 BTC.
• Meter Governance (MTRG) traded up 0.2% against the dollar and now trades at $0.89 or 0.00001434 BTC.
• The Transfer Token (TTT) traded 0.4% lower against the dollar and now trades at $0.0065 or 0.00000010 BTC.
• SOLVE (SOLVE) traded 4.9% higher against the dollar and now trades at $0.0124 or 0.00000020 BTC.

IOTA Profile

IOTA (CRYPTO:MIOTA) uses the hashing algorithm. It launched on November 25th, 2015. IOTA’s total supply is 3,325,193,912 coins. 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. 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 presently possible to buy alternative cryptocurrencies such as IOTA directly using US dollars. Investors seeking to trade IOTA should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy IOTA using one of the aforementioned exchanges.

MIOTA/USD price chart by TradingView