IOTA Price Reaches $0.13 on Exchanges (MIOTA)

IOTA (MIOTA) traded 3.8% lower against the U.S. dollar during the 24 hour period ending at 19:00 PM E.T. on August 15th. One IOTA coin can now be bought for $0.13 or 0.00000223 BTC on major cryptocurrency exchanges. Over the last seven days, IOTA has traded down 4.6% against the U.S. dollar. IOTA has a market cap of $436.18 million and approximately $7.60 million worth of IOTA was traded on exchanges in the last 24 hours.

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

• Creditcoin (CTC) traded 3.4% lower against the dollar and now trades at $0.40 or 0.00000696 BTC.
• Pax Dollar (USDP) traded 0% higher against the dollar and now trades at $1.00 or 0.00001733 BTC.
• Electroneum (ETN) traded 0.9% lower against the dollar and now trades at $0.0020 or 0.00000003 BTC.
• Verasity (VRA) traded 2.2% lower against the dollar and now trades at $0.0025 or 0.00000004 BTC.
• Meter Governance (MTRG) traded 0.3% lower against the dollar and now trades at $0.53 or 0.00000923 BTC.
• The Transfer Token (TTT) traded down 0% against the dollar and now trades at $0.0060 or 0.00000010 BTC.
• SOLVE (SOLVE) traded down 0.1% against the dollar and now trades at $0.0109 or 0.00000019 BTC.

About IOTA

MIOTA uses the hashing algorithm. Its genesis date was November 25th, 2015. IOTA’s total supply is 3,382,607,068 coins. The official website for IOTA is www.iota.org. The Reddit community for IOTA is https://reddit.com/r/iota and the currency’s Github account can be viewed here. IOTA’s official message board is forum.iota.org. IOTA’s official Twitter account is @iota and its Facebook page is accessible 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 US dollars. Investors seeking to acquire IOTA should first buy 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 buy IOTA using one of the aforementioned exchanges.

MIOTA/USD price chart by TradingView