IOST (IOST) Price Down 16.9% Over Last Week

IOST (IOST) traded down 7.7% against the US dollar during the 1-day period ending at 10:00 AM ET on February 5th. IOST has a total market cap of $39.71 million and approximately $7.59 million worth of IOST was traded on exchanges in the last day. One IOST coin can currently be purchased for about $0.0013 or 0.00000002 BTC on major cryptocurrency exchanges. In the last seven days, IOST has traded 16.9% lower against the US dollar.

Here is how related cryptocurrencies have performed in 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 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% 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 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded 7% lower against the dollar and now trades at $70,917.53 or 1.00721187 BTC.

About IOST

IOST uses the hashing algorithm. It was first traded on January 1st, 2019. IOST’s total supply is 47,438,948,718 coins and its circulating supply is 30,859,687,666 coins. IOST’s official website is iost.io. IOST’s official message board is medium.com/iost. IOST’s official Twitter account is @iost_official and its Facebook page is accessible here. The Reddit community for IOST is https://reddit.com/r/iostoken and the currency’s Github account can be viewed here.

According to CryptoCompare, “The Internet of Services (IOS) is an Ethereum-based platform that provides its users a way to exchange online services and digital goods. I also enables developers to deploy large scale dApps.IOS token is an ERC20 token that serves as a medium of exchange on IOS' platform.Proof of Believability (PoB) is the consensus algorithm used by the IOST blockchain. Proof of Believability enables high transaction speed without compromising network security. In order to achieve this, it uses several factors including how many IOST tokens the node holds, its reputation, its contribution, and its behaviour.”

Buying and Selling IOST

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

IOST/USD price chart by TradingView