IOTA (MIOTA) One Day Trading Volume Tops $33.12 Million

IOTA (MIOTA) traded down 5.7% against the US dollar during the 1-day period ending at 22:00 PM ET on April 24th. One IOTA coin can currently be bought for approximately $0.24 or 0.00000372 BTC on cryptocurrency exchanges. In the last seven days, IOTA has traded up 10.4% against the US dollar. IOTA has a total market cap of $772.88 million and approximately $33.12 million worth of IOTA was traded on exchanges in the last 24 hours.

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

• Creditcoin (CTC) traded down 6.7% against the dollar and now trades at $0.72 or 0.00001127 BTC.
• Pax Dollar (USDP) traded down 0% against the dollar and now trades at $1.00 or 0.00001558 BTC.
• Electroneum (ETN) traded 7.3% higher against the dollar and now trades at $0.0044 or 0.00000007 BTC.
• Verasity (VRA) traded 3.7% lower against the dollar and now trades at $0.0058 or 0.00000009 BTC.
• Meter Governance (MTRG) traded down 1.3% against the dollar and now trades at $1.43 or 0.00002226 BTC.
• The Transfer Token (TTT) traded 0.3% higher against the dollar and now trades at $0.0081 or 0.00000013 BTC.
• SOLVE (SOLVE) traded down 1.8% against the dollar and now trades at $0.0205 or 0.00000032 BTC.

IOTA Profile

IOTA uses the hashing algorithm. Its genesis date was November 25th, 2015. IOTA’s total supply is 3,229,505,319 coins. IOTA’s official website is www.iota.org. The official message board for IOTA 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.”

Buying and Selling IOTA

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

MIOTA/USD price chart by TradingView