IOTA Price Tops $0.22 on Exchanges (MIOTA)

IOTA (MIOTA) traded up 2.4% against the US dollar during the twenty-four hour period ending at 15:00 PM Eastern on April 18th. One IOTA coin can currently be purchased for about $0.22 or 0.00000354 BTC on popular exchanges. Over the last seven days, IOTA has traded 25.7% lower against the US dollar. IOTA has a market cap of $724.04 million and approximately $17.84 million worth of IOTA was traded on exchanges in the last 24 hours.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• Creditcoin (CTC) traded 16.2% higher against the dollar and now trades at $0.74 or 0.00001167 BTC.
• Pax Dollar (USDP) traded down 0.1% against the dollar and now trades at $1.00 or 0.00001580 BTC.
• Electroneum (ETN) traded up 4.3% against the dollar and now trades at $0.0050 or 0.00000008 BTC.
• Verasity (VRA) traded up 4.9% against the dollar and now trades at $0.0058 or 0.00000009 BTC.
• Meter Governance (MTRG) traded 3% lower against the dollar and now trades at $1.39 or 0.00002189 BTC.
• The Transfer Token (TTT) traded 0.3% higher against the dollar and now trades at $0.0081 or 0.00000013 BTC.
• SOLVE (SOLVE) traded up 1.9% against the dollar and now trades at $0.0202 or 0.00000032 BTC.

About IOTA

IOTA (CRYPTO:MIOTA) uses the hashing algorithm. Its genesis date was November 25th, 2015. IOTA’s total supply is 3,229,505,319 coins. The official website for IOTA 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.”

IOTA Coin Trading

It is usually not possible to purchase alternative cryptocurrencies such as IOTA directly using US dollars. Investors seeking to trade IOTA should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, GDAX or Coinbase. 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