IOTA (MIOTA) Price Reaches $0.35 on Exchanges

IOTA (MIOTA) traded up 1.7% against the U.S. dollar during the twenty-four hour period ending at 21:00 PM ET on March 29th. IOTA has a market capitalization of $1.13 billion and approximately $30.93 million worth of IOTA was traded on exchanges in the last day. One IOTA coin can now be purchased for $0.35 or 0.00000507 BTC on popular exchanges. In the last seven days, IOTA has traded 16.3% higher against the U.S. dollar.

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

• Creditcoin (CTC) traded 0.9% higher against the dollar and now trades at $1.01 or 0.00001438 BTC.
• Pax Dollar (USDP) traded down 0% against the dollar and now trades at $1.00 or 0.00001429 BTC.
• Electroneum (ETN) traded 5.9% higher against the dollar and now trades at $0.0066 or 0.00000009 BTC.
• Verasity (VRA) traded 7.6% lower against the dollar and now trades at $0.0092 or 0.00000013 BTC.
• Meter Governance (MTRG) traded down 4.1% against the dollar and now trades at $2.03 or 0.00002901 BTC.
• The Transfer Token (TTT) traded down 1.1% against the dollar and now trades at $0.0152 or 0.00000022 BTC.
• SOLVE (SOLVE) traded down 3.4% against the dollar and now trades at $0.0273 or 0.00000039 BTC.

IOTA Profile

IOTA (MIOTA) uses the hashing algorithm. Its launch date was November 25th, 2015. IOTA’s total supply is 3,191,229,882 coins. The official message board for IOTA 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. 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.”

Buying and Selling IOTA

It is usually not currently possible to buy alternative cryptocurrencies such as IOTA directly using U.S. dollars. Investors seeking to acquire IOTA should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Changelly 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