IOTA (MIOTA) Price Up 7.9% Over Last 7 Days Posted by Elija Maina on Apr 21st, 2021
IOTA (CURRENCY:MIOTA) traded up 3.9% against the US dollar during the twenty-four hour period ending at 15:00 PM E.T.on April 21st.IOTA has a market cap of $6.12 billion and approximately $286.39 million worth of IOTA was traded on exchanges in the last 24 hours.In the last week, IOTA has traded 7.9% higher against the US dollar.One IOTA coin can currently be purchased for approximately $2.20 or 0.00003969 BTC on major cryptocurrency exchanges.
Here is how other cryptocurrencies have performed in the last 24 hours: Get IOTA alerts: VITE (VITE) traded 10.9% higher against the dollar and now trades at $0.19 or 0.345 BTC.Poseidon Network (QQQ) traded down 5.8% against the dollar and now trades at $0.0340 or 0.
61 BTC.Obyte (GBYTE) traded 0.6% higher against the dollar and now trades at $83.49 or 0.00150555 BTC.IoT Chain (ITC) traded 3.6% lower against the dollar and now trades at $0.19 or 0.348 BTC.HYCON (HYC) traded 1.3% lower against the dollar and now trades at $0.0015 or 0.3 BTC.TrustNote (TTT) traded down 0% against the dollar and now trades at $0.0000 or 0.
BTC.
IOTA Profile IOTA (CRYPTO:MIOTA) is a Tangle coin that uses the
Directed Acyclic Graph (DAG)
hashing algorithm.Its launch date was July 17th, 2016.
IOTA’s total supply is 2,779,530,283 coins.The Reddit community for IOTA is /r/Iota and the currency’s Github account can be viewed here .IOTA’s official Twitter account is @iotatoken and its Facebook page is accessible here .The official message board for IOTA is forum.iota.org .
IOTA’s official website is www.iota.org .
According to CryptoCompare, “IOTA is an open-source distributed ledger protocol that goes ‘beyond blockchain’ through its core invention of the blockless ‘Tangle’.
The IOTA Tangle is a quantum-proof Directed Acyclic Graph, with no fees on transactions & no fixed limit on how many transactions can be confirmed per second in the network.Instead, throughput grows in conjunction with activity in the network; the more activity, the faster the network.Unlike blockchain architecture, IOTA has no separation between users and validators; rather, validation is an intrinsic property of using the ledger, thus avoiding centralization.
IOTA is initially focused on serving as the backbone of the emerging Internet-of-Things (IoT).
For a more in depth look at the technical design of IOTA read their https://iota.org/IOTA_Whitepaper.pdf.The total supply of IOTA is (3^33 – 1) / 2 = 2,779,530,283,277,761 tokens.This value is optimized for ternary computation – it is the largest possible 33-digit ternary number: 111,111,111,111,111,111,111,111,111,111,111 (base-3) = 2,779,530,283,277,761 (base-10) The total IOTA token supply was “minted” on the genesis transaction and will never change.
It is now impossible for anyone to “mint” or “mine” new IOTA tokens.IOTA uses the International System of Units (or SI units): “
IOTA Coin Trading
It is usually not presently possible to purchase alternative cryptocurrencies such as IOTA directly using U.S.dollars.Investors seeking to trade IOTA should first purchase Ethereum or Bitcoin using an exchange that deals in U.S.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.Receive News & Updates for IOTA Daily – Enter your email address below to receive a concise daily summary of the latest news and updates for IOTA and related cryptocurrencies with MarketBeat.com’s FREE CryptoBeat newsletter ..
