IOTA Price Up 0.3% Over Last Week (MIOTA)

IOTA (MIOTA) traded 1.6% higher against the U.S. dollar during the twenty-four hour period ending at 21:00 PM E.T. on May 5th. Over the last week, IOTA has traded 0.3% higher against the U.S. dollar. IOTA has a total market capitalization of $745.05 million and approximately $11.73 million worth of IOTA was traded on exchanges in the last day. One IOTA coin can currently be purchased for about $0.23 or 0.00000357 BTC on cryptocurrency exchanges.

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

• Creditcoin (CTC) traded down 1.1% against the dollar and now trades at $0.68 or 0.00001061 BTC.
• Pax Dollar (USDP) traded 0.1% lower against the dollar and now trades at $1.00 or 0.00001559 BTC.
• Electroneum (ETN) traded up 0.8% against the dollar and now trades at $0.0037 or 0.00000006 BTC.
• Verasity (VRA) traded up 0.5% against the dollar and now trades at $0.0059 or 0.00000009 BTC.
• Meter Governance (MTRG) traded up 2.1% against the dollar and now trades at $1.44 or 0.00002248 BTC.
• SOLVE (SOLVE) traded 0.4% lower against the dollar and now trades at $0.0192 or 0.00000030 BTC.
• The Transfer Token (TTT) traded 34.6% lower against the dollar and now trades at $0.0046 or 0.00000007 BTC.

IOTA Profile

IOTA (MIOTA) uses the hashing algorithm. Its launch date was November 25th, 2015. IOTA’s total supply is 3,248,643,038 coins. The official message board for IOTA is forum.iota.org. IOTA’s official Twitter account is @iota and its Facebook page is accessible here. The official website for IOTA is www.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 currently possible to buy alternative cryptocurrencies such as IOTA directly using US dollars. Investors seeking to acquire IOTA should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy IOTA using one of the exchanges listed above.

MIOTA/USD price chart by TradingView