IoTeX Trading 16.2% Lower Over Last Week (IOTX)

IoTeX (IOTX) traded 0.4% lower against the U.S. dollar during the 1 day period ending at 11:00 AM Eastern on February 25th. IoTeX has a market cap of $44.30 million and approximately $4.42 million worth of IoTeX was traded on exchanges in the last day. Over the last seven days, IoTeX has traded 16.2% lower against the U.S. dollar. One IoTeX coin can now be bought for approximately $0.0047 or 0.00000007 BTC on popular cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed over the last day:

• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded 5.2% higher against the dollar and now trades at $66,829.86 or 0.98858601 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 2% higher against the dollar and now trades at $64,920.62 or 0.99826276 BTC.

IoTeX Coin Profile

IoTeX uses the hashing algorithm. It launched on May 22nd, 2018. IoTeX’s total supply is 9,441,368,983 coins and its circulating supply is 9,441,368,979 coins. IoTeX’s official Twitter account is @iotex_io and its Facebook page is accessible here. The Reddit community for IoTeX is https://reddit.com/r/iotex and the currency’s Github account can be viewed here. IoTeX’s official website is www.iotex.io. IoTeX’s official message board is iotex.io/blog.

According to CryptoCompare, “IoTeX is a privacy-focused blockchain infrastructure for the Internet of Things (IoT) that aims to enable autonomous device coordination and create an open ecosystem for people and IoT devices to interact with proper incentives. It is based on Ethereum and uses the Roll-DPoS consensus mechanism for instant finality and high throughput to support millions of devices. The team includes over 30 researchers and engineers and the network has over 100 delegates and is fully open-source. The IOTX token is used for transactions, staking, governance, and registering new devices on the network. The IoTeX ecosystem includes projects such as Ucam, Pebble, Mimo DEX, and IoTeX Scout, among others. The team is headquartered in Silicon Valley and includes former Google, Facebook, and Uber employees.”

IoTeX Coin Trading

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

IOTX/USD price chart by TradingView