IOTA 1-Day Volume Reaches $13.98 Million (MIOTA)

IOTA (MIOTA) traded 0.1% higher against the US dollar during the 1-day period ending at 14:00 PM E.T. on April 27th. IOTA has a total market cap of $753.72 million and approximately $13.98 million worth of IOTA was traded on exchanges in the last day. During the last seven days, IOTA has traded 4.4% lower against the US dollar. One IOTA coin can now be bought for about $0.23 or 0.00000370 BTC on major cryptocurrency exchanges.

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

• Creditcoin (CTC) traded 2.4% lower against the dollar and now trades at $0.68 or 0.00001079 BTC.
• Pax Dollar (USDP) traded 0.1% higher against the dollar and now trades at $1.00 or 0.00001590 BTC.
• Electroneum (ETN) traded 2.1% lower against the dollar and now trades at $0.0039 or 0.00000006 BTC.
• Verasity (VRA) traded 1.2% lower against the dollar and now trades at $0.0059 or 0.00000009 BTC.
• Meter Governance (MTRG) traded 0.8% lower against the dollar and now trades at $1.39 or 0.00002199 BTC.
• The Transfer Token (TTT) traded 67.7% higher against the dollar and now trades at $0.0080 or 0.00000013 BTC.
• SOLVE (SOLVE) traded 0.4% lower against the dollar and now trades at $0.0202 or 0.00000032 BTC.

IOTA Profile

MIOTA uses the hashing algorithm. Its launch date was November 25th, 2015. IOTA’s total supply is 3,229,505,319 coins. IOTA’s official Twitter account is @iota and its Facebook page is accessible here. IOTA’s official message board is forum.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 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.”

Buying and Selling IOTA

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

MIOTA/USD price chart by TradingView