IoTeX (IOTX) Hits Self Reported Market Cap of $343.58 Million

IoTeX (IOTX) traded down 1.2% against the dollar during the twenty-four hour period ending at 7:00 AM Eastern on November 5th. During the last seven days, IoTeX has traded down 10.9% against the dollar. IoTeX has a market capitalization of $343.58 million and $8.92 million worth of IoTeX was traded on exchanges in the last day. One IoTeX coin can now be purchased for $0.0364 or 0.00000053 BTC on major exchanges.

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

• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded down 0.2% against the dollar and now trades at $68,646.11 or 0.99645770 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 0.1% against the dollar and now trades at $68,588.54 or 0.99562202 BTC.

About IoTeX

IOTX uses the hashing algorithm. It launched on May 23rd, 2018. IoTeX’s total supply is 9,441,369,065 coins and its circulating supply is 9,441,369,060 coins. The Reddit community for IoTeX is https://reddit.com/r/iotex and the currency’s Github account can be viewed here. IoTeX’s official website is www.iotex.io. The official message board for IoTeX is iotex.io/blog. IoTeX’s official Twitter account is @iotex_io and its Facebook page is accessible here.

According to CryptoCompare, “IoTeX is a privacy-focused blockchain infrastructure for the Internet of Things (IoT) that aims to enable autonomous device coordination and create an open ecosystem for people and IoT devices to interact with proper incentives. It is based on Ethereum and uses the Roll-DPoS consensus mechanism for instant finality and high throughput to support millions of devices. The team includes over 30 researchers and engineers and the network has over 100 delegates and is fully open-source. The IOTX token is used for transactions, staking, governance, and registering new devices on the network. The IoTeX ecosystem includes projects such as Ucam, Pebble, Mimo DEX, and IoTeX Scout, among others. The team is headquartered in Silicon Valley and includes former Google, Facebook, and Uber employees.”

Buying and Selling IoTeX

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

IOTX/USD price chart by TradingView