IOTA Price Reaches $0.30 on Top Exchanges (MIOTA)

IOTA (MIOTA) traded down 6.9% against the dollar during the 1-day period ending at 9:00 AM E.T. on January 9th. In the last seven days, IOTA has traded down 11.5% against the dollar. One IOTA coin can now be purchased for $0.30 or 0.00000324 BTC on popular cryptocurrency exchanges. IOTA has a market capitalization of $1.07 billion and approximately $90.19 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 down 6% against the dollar and now trades at $1.02 or 0.00001110 BTC.
• Pax Dollar (USDP) traded up 0% against the dollar and now trades at $1.00 or 0.00001085 BTC.
• Electroneum (ETN) traded 5.4% lower against the dollar and now trades at $0.0031 or 0.00000003 BTC.
• Verasity (VRA) traded 6.9% lower against the dollar and now trades at $0.0040 or 0.00000004 BTC.
• Meter Governance (MTRG) traded down 0.6% against the dollar and now trades at $0.42 or 0.00000461 BTC.
• The Transfer Token (TTT) traded 19.4% higher against the dollar and now trades at $0.0037 or 0.00000004 BTC.
• SOLVE (SOLVE) traded down 1.3% against the dollar and now trades at $0.0061 or 0.00000007 BTC.

About IOTA

IOTA (CRYPTO:MIOTA) uses the hashing algorithm. It was first traded on November 25th, 2015. IOTA’s total supply is 3,593,121,973 coins. IOTA’s official website is www.iota.org. IOTA’s official message board is forum.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 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 currently possible to purchase alternative cryptocurrencies such as IOTA directly using US dollars. Investors seeking to acquire IOTA should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase IOTA using one of the exchanges listed above.

MIOTA/USD price chart by TradingView