IOTA (MIOTA) Trading 6.5% Lower Over Last Week

IOTA (MIOTA) traded down 6% against the U.S. dollar during the 1-day period ending at 9:00 AM Eastern on January 21st. One IOTA coin can currently be purchased for about $0.33 or 0.00000316 BTC on popular exchanges. IOTA has a market capitalization of $1.17 billion and $96.84 million worth of IOTA was traded on exchanges in the last 24 hours. During the last seven days, IOTA has traded 6.5% lower against the U.S. dollar.

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

• Creditcoin (CTC) traded down 2.9% against the dollar and now trades at $1.03 or 0.00000992 BTC.
• Pax Dollar (USDP) traded 0% higher against the dollar and now trades at $1.00 or 0.00000965 BTC.
• Electroneum (ETN) traded down 0.8% against the dollar and now trades at $0.0024 or 0.00000002 BTC.
• Verasity (VRA) traded down 0.7% against the dollar and now trades at $0.0037 or 0.00000004 BTC.
• Meter Governance (MTRG) traded 0.3% higher against the dollar and now trades at $0.35 or 0.00000341 BTC.
• The Transfer Token (TTT) traded up 0% against the dollar and now trades at $0.0037 or 0.00000004 BTC.
• SOLVE (SOLVE) traded up 0.9% against the dollar and now trades at $0.0033 or 0.00000003 BTC.

About IOTA

IOTA (CRYPTO:MIOTA) uses the hashing algorithm. It was first traded on November 25th, 2015. IOTA’s total supply is 3,593,121,973 coins. IOTA’s official message board is forum.iota.org. 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. The official website for IOTA is www.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.”

IOTA Coin Trading

It is usually not presently possible to purchase alternative cryptocurrencies such as IOTA directly using US dollars. Investors seeking to acquire IOTA should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase IOTA using one of the exchanges listed above.

MIOTA/USD price chart by TradingView