IOTA Price Tops $0.0836 on Major Exchanges (MIOTA)

IOTA (MIOTA) traded 1.1% lower against the dollar during the 1 day period ending at 7:00 AM E.T. on December 31st. IOTA has a total market cap of $352.26 million and approximately $9.06 million worth of IOTA was traded on exchanges in the last 24 hours. One IOTA coin can now be purchased for $0.0836 or 0.00000094 BTC on major exchanges. Over the last seven days, IOTA has traded 1.2% higher against the dollar.

Here is how related cryptocurrencies have performed over the last 24 hours:

• Creditcoin (CTC) traded 2.3% lower against the dollar and now trades at $0.24 or 0.00000274 BTC.
• Pax Dollar (USDP) traded down 0.1% against the dollar and now trades at $1.00 or 0.00001124 BTC.
• Electroneum (ETN) traded down 6.9% against the dollar and now trades at $0.0012 or 0.00000001 BTC.
• Verasity (VRA) traded down 15.4% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• The Transfer Token (TTT) traded down 18.6% against the dollar and now trades at $0.0030 or 0.00000003 BTC.
• Meter Governance (MTRG) traded 3% lower against the dollar and now trades at $0.0312 or 0.00000035 BTC.
• SOLVE (SOLVE) traded up 26% against the dollar and now trades at $0.0002 or 0.00000000 BTC.

About IOTA

MIOTA uses the hashing algorithm. Its launch date was November 25th, 2015. IOTA’s total supply is 4,600,000,000 coins and its circulating supply is 4,214,966,000 coins. 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. IOTA’s official website is www.iota.org. The official message board for IOTA is forum.iota.org.

According to CryptoCompare, “IOTA is an open-source distributed ledger protocol that goes 'beyond blockchain' through its core invention of the blockless ‘Tangle’. The IOTA Tangle is a quantum-proof Directed Acyclic Graph, with no fees on transactions & no fixed limit on how many transactions can be confirmed per second in the network. Instead, throughput grows in conjunction with activity in the network; the more activity, the faster the network. Unlike blockchain architecture, IOTA has no separation between users and validators; rather, validation is an intrinsic property of using the ledger, thus avoiding centralization. IOTA is initially focused on serving as the backbone of the emerging Internet-of-Things (IoT).The total supply of IOTA is (3^33 – 1) / 2 = 2,779,530,283,277,761 tokens. This value is optimized for ternary computation – it is the largest possible 33-digit ternary number:111,111,111,111,111,111,111,111,111,111,111 (base-3) = 2,779,530,283,277,761 (base-10)The total IOTA token supply was “minted” on the genesis transaction and will never change. It is now impossible for anyone to “mint” or “mine” new IOTA tokens.IOTA uses the International System of Units (or SI units):”

Buying and Selling IOTA

It is usually not presently possible to buy alternative cryptocurrencies such as IOTA directly using US dollars. Investors seeking to acquire IOTA should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Gemini 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