IOTA One Day Volume Reaches $13.36 Million (MIOTA)

IOTA (MIOTA) traded down 0.4% against the dollar during the 24-hour period ending at 9:00 AM E.T. on April 27th. IOTA has a market cap of $739.39 million and approximately $13.36 million worth of IOTA was traded on exchanges in the last 24 hours. One IOTA coin can currently be bought for $0.23 or 0.00000363 BTC on major exchanges. In the last seven days, IOTA has traded 1.5% lower against the dollar.

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

• Creditcoin (CTC) traded 2.4% lower against the dollar and now trades at $0.67 or 0.00001064 BTC.
• Pax Dollar (USDP) traded 0.1% lower against the dollar and now trades at $1.00 or 0.00001589 BTC.
• Electroneum (ETN) traded 1.5% lower against the dollar and now trades at $0.0040 or 0.00000006 BTC.
• Verasity (VRA) traded down 2.4% against the dollar and now trades at $0.0057 or 0.00000009 BTC.
• Meter Governance (MTRG) traded 2.6% lower against the dollar and now trades at $1.37 or 0.00002177 BTC.
• The Transfer Token (TTT) traded up 67.7% against the dollar and now trades at $0.0080 or 0.00000013 BTC.
• SOLVE (SOLVE) traded 0.3% lower against the dollar and now trades at $0.0200 or 0.00000032 BTC.

About IOTA

MIOTA uses the hashing algorithm. It was first traded on November 25th, 2015. IOTA’s total supply is 3,229,505,319 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 currently possible to buy alternative cryptocurrencies such as IOTA directly using US dollars. Investors seeking to trade IOTA should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Gemini or Coinbase. 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