IOTA Trading 4.7% Lower Over Last 7 Days (MIOTA)

IOTA (MIOTA) traded 8.4% higher against the US dollar during the one day period ending at 22:00 PM E.T. on November 5th. Over the last week, IOTA has traded down 4.7% against the US dollar. One IOTA coin can now be bought for about $0.11 or 0.00000153 BTC on popular exchanges. IOTA has a market capitalization of $396.64 million and approximately $7.46 million worth of IOTA was traded on exchanges in the last day.

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

• Creditcoin (CTC) traded up 3.2% against the dollar and now trades at $0.38 or 0.00000512 BTC.
• Pax Dollar (USDP) traded up 0% against the dollar and now trades at $1.00 or 0.00001355 BTC.
• Electroneum (ETN) traded up 1% against the dollar and now trades at $0.0019 or 0.00000003 BTC.
• Verasity (VRA) traded up 20.4% against the dollar and now trades at $0.0030 or 0.00000004 BTC.
• The Transfer Token (TTT) traded 25.7% lower against the dollar and now trades at $0.0037 or 0.00000006 BTC.
• Meter Governance (MTRG) traded 13.6% higher against the dollar and now trades at $0.27 or 0.00000365 BTC.
• SOLVE (SOLVE) traded up 5% against the dollar and now trades at $0.0073 or 0.00000010 BTC.

About IOTA

IOTA uses the hashing algorithm. Its launch date was November 25th, 2015. IOTA’s total supply is 3,497,433,380 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. The official message board for IOTA 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.”

IOTA Coin Trading

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

MIOTA/USD price chart by TradingView