IoTeX (IOTX) Price Up 5.1% Over Last 7 Days

IoTeX (IOTX) traded down 4.6% against the US dollar during the twenty-four hour period ending at 8:00 AM Eastern on April 27th. IoTeX has a market cap of $550.30 million and approximately $15.12 million worth of IoTeX was traded on exchanges in the last 24 hours. Over the last seven days, IoTeX has traded 5.1% higher against the US dollar. One IoTeX coin can currently be purchased for about $0.0583 or 0.00000093 BTC on popular exchanges.

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

• KILT Protocol (KILT) traded 2.6% lower against the dollar and now trades at $0.32 or 0.00000504 BTC.
• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 BTC.
• Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 2% higher against the dollar and now trades at $0.0096 or 0.00000015 BTC.

IoTeX Coin Profile

IoTeX (IOTX) uses the hashing algorithm. Its genesis date was May 23rd, 2018. IoTeX’s total supply is 9,441,378,959 coins and its circulating supply is 9,441,378,955 coins. IoTeX’s official message board is iotex.io/blog. IoTeX’s official website is www.iotex.io. The Reddit community for IoTeX is https://reddit.com/r/iotex and the currency’s Github account can be viewed here. IoTeX’s official Twitter account is @iotex_io and its Facebook page is accessible here.

According to CryptoCompare, “IoTeX is a privacy-focused blockchain infrastructure for the Internet of Things (IoT) that aims to enable autonomous device coordination and create an open ecosystem for people and IoT devices to interact with proper incentives. It is based on Ethereum and uses the Roll-DPoS consensus mechanism for instant finality and high throughput to support millions of devices. The team includes over 30 researchers and engineers and the network has over 100 delegates and is fully open-source. The IOTX token is used for transactions, staking, governance, and registering new devices on the network. The IoTeX ecosystem includes projects such as Ucam, Pebble, Mimo DEX, and IoTeX Scout, among others. The team is headquartered in Silicon Valley and includes former Google, Facebook, and Uber employees.”

Buying and Selling IoTeX

It is usually not possible to purchase alternative cryptocurrencies such as IoTeX directly using US dollars. Investors seeking to acquire IoTeX should first purchase 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 purchase IoTeX using one of the exchanges listed above.

IOTX/USD price chart by TradingView