IOTA Price Reaches $0.22 (MIOTA)

IOTA (MIOTA) traded 5.8% lower against the dollar during the twenty-four hour period ending at 18:00 PM E.T. on June 7th. One IOTA coin can currently be bought for $0.22 or 0.00000320 BTC on popular cryptocurrency exchanges. IOTA has a total market capitalization of $730.34 million and $54.32 million worth of IOTA was traded on exchanges in the last day. During the last seven days, IOTA has traded up 1.6% against the dollar.

Here’s how similar cryptocurrencies have performed during the last day:

  • Creditcoin (CTC) traded 4.5% lower against the dollar and now trades at $0.64 or 0.00000920 BTC.
  • Pax Dollar (USDP) traded 0% lower against the dollar and now trades at $1.00 or 0.00001442 BTC.
  • Electroneum (ETN) traded 9.1% lower against the dollar and now trades at $0.0027 or 0.00000004 BTC.
  • Verasity (VRA) traded 15.1% lower against the dollar and now trades at $0.0042 or 0.00000006 BTC.
  • Meter Governance (MTRG) traded 13.1% lower against the dollar and now trades at $1.14 or 0.00001641 BTC.
  • SOLVE (SOLVE) traded 3.9% lower against the dollar and now trades at $0.0172 or 0.00000025 BTC.
  • The Transfer Token (TTT) traded 17.6% lower against the dollar and now trades at $0.0051 or 0.00000007 BTC.

IOTA Profile

MIOTA uses the hashing algorithm. Its launch date was November 25th, 2015. IOTA’s total supply is 3,286,918,475 coins. The official website for IOTA is www.iota.org. 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.

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 purchase alternative cryptocurrencies such as IOTA directly using U.S. dollars. Investors seeking to trade IOTA should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase IOTA using one of the exchanges listed above.

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