IOTA (MIOTA) Tops 24-Hour Trading Volume of $7.13 Million

IOTA (MIOTA) traded 1.3% lower against the U.S. dollar during the 24-hour period ending at 16:00 PM E.T. on September 18th. One IOTA coin can now be purchased for about $0.12 or 0.00000204 BTC on cryptocurrency exchanges. IOTA has a total market cap of $418.28 million and $7.13 million worth of IOTA was traded on exchanges in the last 24 hours. During the last week, IOTA has traded 4.5% lower against the U.S. dollar.

Here’s how similar cryptocurrencies have performed during the last 24 hours:

• Creditcoin (CTC) traded 1% lower against the dollar and now trades at $0.41 or 0.00000684 BTC.
• Pax Dollar (USDP) traded 0.2% higher against the dollar and now trades at $1.00 or 0.00001680 BTC.
• Electroneum (ETN) traded 7.8% lower against the dollar and now trades at $0.0020 or 0.00000003 BTC.
• Verasity (VRA) traded 1.3% higher against the dollar and now trades at $0.0031 or 0.00000005 BTC.
• Meter Governance (MTRG) traded up 1% against the dollar and now trades at $0.45 or 0.00000754 BTC.
• The Transfer Token (TTT) traded down 7.2% against the dollar and now trades at $0.0061 or 0.00000010 BTC.
• SOLVE (SOLVE) traded 2.7% lower against the dollar and now trades at $0.0098 or 0.00000016 BTC.

About IOTA

IOTA (MIOTA) uses the hashing algorithm. Its launch date was November 25th, 2015. IOTA’s total supply is 3,440,020,224 coins. IOTA’s official message board is forum.iota.org. IOTA’s official Twitter account is @iota and its Facebook page is accessible here. IOTA’s official website 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 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 aforementioned exchanges.

MIOTA/USD price chart by TradingView