IOTA Price Tops $0.23 on Top Exchanges (MIOTA)

IOTA (MIOTA) traded down 1% against the US dollar during the twenty-four hour period ending at 23:00 PM E.T. on May 25th. In the last seven days, IOTA has traded up 5.4% against the US dollar. One IOTA coin can now be bought for approximately $0.23 or 0.00000330 BTC on exchanges. IOTA has a market capitalization of $744.48 million and $11.17 million worth of IOTA was traded on exchanges in the last 24 hours.

Here is how related cryptocurrencies have performed in the last 24 hours:

• Creditcoin (CTC) traded 0.8% lower against the dollar and now trades at $0.72 or 0.00001049 BTC.
• Pax Dollar (USDP) traded down 0% against the dollar and now trades at $1.00 or 0.00001450 BTC.
• Electroneum (ETN) traded up 1.3% against the dollar and now trades at $0.0032 or 0.00000005 BTC.
• Verasity (VRA) traded 1.3% lower against the dollar and now trades at $0.0053 or 0.00000008 BTC.
• Meter Governance (MTRG) traded up 2.4% against the dollar and now trades at $1.25 or 0.00001815 BTC.
• The Transfer Token (TTT) traded down 1.1% against the dollar and now trades at $0.0109 or 0.00000016 BTC.
• SOLVE (SOLVE) traded 0.3% higher against the dollar and now trades at $0.0178 or 0.00000026 BTC.

IOTA Profile

MIOTA uses the hashing algorithm. Its genesis date was November 25th, 2015. IOTA’s total supply is 3,267,780,757 coins. The official website for IOTA 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. IOTA’s official message board is forum.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.”

Buying and Selling IOTA

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 Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy IOTA using one of the aforementioned exchanges.

MIOTA/USD price chart by TradingView