IOTA Price Hits $0.0679 on Major Exchanges (MIOTA)

IOTA (MIOTA) traded 3.9% higher against the US dollar during the 24 hour period ending at 7:00 AM ET on February 25th. Over the last seven days, IOTA has traded 1.7% lower against the US dollar. One IOTA coin can now be bought for about $0.0679 or 0.00000104 BTC on popular exchanges. IOTA has a market cap of $292.69 million and approximately $9.95 million worth of IOTA was traded on exchanges in the last 24 hours.

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

• Creditcoin (CTC) traded 4.8% higher against the dollar and now trades at $0.15 or 0.00000236 BTC.
• Pax Dollar (USDP) traded up 0% against the dollar and now trades at $1.00 or 0.00001528 BTC.
• Electroneum (ETN) traded up 0% against the dollar and now trades at $0.0010 or 0.00000002 BTC.
• The Transfer Token (TTT) traded down 18.6% against the dollar and now trades at $0.0030 or 0.00000003 BTC.
• Verasity (VRA) traded up 4.5% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Meter Governance (MTRG) traded down 2.8% against the dollar and now trades at $0.0235 or 0.00000036 BTC.
• SOLVE (SOLVE) traded up 16.4% against the dollar and now trades at $0.0001 or 0.00000000 BTC.

IOTA Coin Profile

MIOTA uses the hashing algorithm. Its launch date was November 25th, 2015. IOTA’s total supply is 4,600,000,000 coins and its circulating supply is 4,307,397,334 coins. The official website for IOTA is www.iota.org. 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.

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 buy alternative cryptocurrencies such as IOTA directly using U.S. dollars. Investors seeking to acquire IOTA should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Changelly or Gemini. 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