IOTA (MIOTA) 24 Hour Volume Reaches $13.74 Million

IOTA (MIOTA) traded down 1.7% against the US dollar during the 1-day period ending at 10:00 AM E.T. on February 12th. Over the last week, IOTA has traded up 3% against the US dollar. IOTA has a market cap of $783.63 million and $13.74 million worth of IOTA was traded on exchanges in the last 24 hours. One IOTA coin can currently be bought for approximately $0.25 or 0.00000513 BTC on exchanges.

Here’s how other cryptocurrencies have performed over the last 24 hours:

  • Pax Dollar (USDP) traded up 0% against the dollar and now trades at $1.00 or 0.00002049 BTC.
  • Creditcoin (CTC) traded 0.5% lower against the dollar and now trades at $0.55 or 0.00001135 BTC.
  • Verasity (VRA) traded 5.6% higher against the dollar and now trades at $0.0065 or 0.00000013 BTC.
  • Meter Governance (MTRG) traded down 4.8% against the dollar and now trades at $2.80 or 0.00005731 BTC.
  • Electroneum (ETN) traded 6.9% higher against the dollar and now trades at $0.0024 or 0.00000005 BTC.
  • The Transfer Token (TTT) traded down 0.3% against the dollar and now trades at $0.0090 or 0.00000019 BTC.
  • SOLVE (SOLVE) traded 1.3% lower against the dollar and now trades at $0.0213 or 0.00000044 BTC.

About IOTA

IOTA (CRYPTO:MIOTA) uses the hashing algorithm. It was first traded on November 25th, 2015. IOTA’s total supply is 3,133,816,726 coins. IOTA’s official Twitter account is @iota and its Facebook page is accessible here. The Reddit community for IOTA is https://reddit.com/r/iota and the currency’s Github account can be viewed here. IOTA’s official website is www.iota.org. The official message board for IOTA is forum.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 possible to purchase alternative cryptocurrencies such as IOTA directly using U.S. dollars. Investors seeking to acquire IOTA should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase IOTA using one of the aforementioned exchanges.

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