IOTA Price Down 1% This Week (MIOTA)

IOTA (MIOTA) traded up 2.8% against the dollar during the one day period ending at 9:00 AM ET on March 22nd. One IOTA coin can now be bought for $0.18 or 0.00000216 BTC on popular cryptocurrency exchanges. In the last seven days, IOTA has traded 1% lower against the dollar. IOTA has a market cap of $670.87 million and $18.15 million worth of IOTA was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed in the last day:

• Creditcoin (CTC) traded 1.1% higher against the dollar and now trades at $0.63 or 0.00000746 BTC.
• Pax Dollar (USDP) traded 0% higher against the dollar and now trades at $1.00 or 0.00001190 BTC.
• Electroneum (ETN) traded 3.2% lower against the dollar and now trades at $0.0018 or 0.00000002 BTC.
• Verasity (VRA) traded up 1.9% against the dollar and now trades at $0.0016 or 0.00000002 BTC.
• The Transfer Token (TTT) traded down 0% against the dollar and now trades at $0.0037 or 0.00000004 BTC.
• Meter Governance (MTRG) traded 4.8% higher against the dollar and now trades at $0.12 or 0.00000139 BTC.
• SOLVE (SOLVE) traded 1.5% higher against the dollar and now trades at $0.0014 or 0.00000002 BTC.

About IOTA

IOTA (CRYPTO:MIOTA) uses the hashing algorithm. It was first traded on November 25th, 2015. IOTA’s total supply is 3,688,810,566 coins. IOTA’s official message board is forum.iota.org. IOTA’s official website is www.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 an open-source distributed ledger protocol that goes 'beyond blockchain' through its core invention of the blockless ‘Tangle’. The IOTA Tangle is a quantum-proof Directed Acyclic Graph, with no fees on transactions & no fixed limit on how many transactions can be confirmed per second in the network. Instead, throughput grows in conjunction with activity in the network; the more activity, the faster the network. Unlike blockchain architecture, IOTA has no separation between users and validators; rather, validation is an intrinsic property of using the ledger, thus avoiding centralization. IOTA is initially focused on serving as the backbone of the emerging Internet-of-Things (IoT).The total supply of IOTA is (3^33 – 1) / 2 = 2,779,530,283,277,761 tokens. This value is optimized for ternary computation – it is the largest possible 33-digit ternary number:111,111,111,111,111,111,111,111,111,111,111 (base-3) = 2,779,530,283,277,761 (base-10)The total IOTA token supply was “minted” on the genesis transaction and will never change. It is now impossible for anyone to “mint” or “mine” new IOTA tokens.IOTA uses the International System of Units (or SI units):”

IOTA Coin Trading

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

MIOTA/USD price chart by TradingView