IOTA Price Tops $0.14 on Major Exchanges (MIOTA)

IOTA (MIOTA) traded up 0.9% against the U.S. dollar during the twenty-four hour period ending at 9:00 AM ET on November 14th. During the last seven days, IOTA has traded 21.5% higher against the U.S. dollar. One IOTA coin can now be purchased for $0.14 or 0.00000157 BTC on major exchanges. IOTA has a market cap of $499.96 million and $21.16 million worth of IOTA was traded on exchanges in the last day.

Here is how related cryptocurrencies have performed during the last day:

  • Creditcoin (CTC) traded 14.2% higher against the dollar and now trades at $0.57 or 0.00000625 BTC.
  • Pax Dollar (USDP) traded down 0% against the dollar and now trades at $1.00 or 0.00001101 BTC.
  • Electroneum (ETN) traded down 2.9% against the dollar and now trades at $0.0020 or 0.00000002 BTC.
  • Verasity (VRA) traded 5.9% lower against the dollar and now trades at $0.0031 or 0.00000003 BTC.
  • Meter Governance (MTRG) traded 7% lower against the dollar and now trades at $0.42 or 0.00000461 BTC.
  • The Transfer Token (TTT) traded down 25.7% against the dollar and now trades at $0.0037 or 0.00000006 BTC.
  • SOLVE (SOLVE) traded 0.7% higher against the dollar and now trades at $0.0065 or 0.00000007 BTC.

IOTA Coin Profile

IOTA (CRYPTO:MIOTA) uses the hashing algorithm. It was first traded on November 25th, 2015. IOTA’s total supply is 3,516,571,099 coins. IOTA’s official message board is forum.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 Twitter account is @iota and its Facebook page is accessible here. IOTA’s official website 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 buy alternative cryptocurrencies such as IOTA directly using US dollars. Investors seeking to trade IOTA should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy IOTA using one of the exchanges listed above.

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