|Brief||The idea behind IOTA is to create a payment technology for the emerging IoT (Internet of Things) markets. This cryptocurrency was created on a distributed ledger algorithm.|
|Last updated:||Tuesday, October 22, 2019 3:59:04PM UTC|
|Current price, USD:||0.271|
|Current price, BTC:||0.0000329|
|Market capitalization, USD:||752 803 528|
|Available supply:||2 779 530 283 MIOTA|
|Volume 24 hours, USD:||7 141 333|
General MIOTA facts, technical details and general information about IOTA crypto currency
The idea behind IOTA is to create a payment technology for the emerging IoT (Internet of Things) markets. This cryptocurrency was created on a distributed ledger algorithm called “The Tangle”. IOTA has a lot of advantages: transactions are cost free, confirmation is fast, scalability is unlimited, and its potential usage is huge (though its machine-to-machine aspect can also put off some investors). The cryptocurrency started trading in June 2017 and has gone 446% up since then with info of its latest partnership with Microsoft acting as price rally trigger.
We list daily IOTA historical data for the past 10 days
|Date||Open, $||Min, $||Max, $||Market cap, $|
|Oct 13||0.271||0.271||0.285||775 347 985|
|Oct 14||0.279||0.279||0.285||791 230 591|
|Oct 15||0.286||0.278||0.286||780 498 554|
|Oct 16||0.282||0.268||0.282||759 309 689|
|Oct 17||0.271||0.271||0.28||772 160 367|
|Oct 18||0.278||0.264||0.279||755 284 659|
|Oct 19||0.271||0.269||0.273||748 239 945|
|Oct 20||0.269||0.268||0.274||752 938 604|
|Oct 21||0.270||0.267||0.272||751 398 062|
|Oct 22||0.270||0.269||0.275||752 803 528|
|MIOTA price change 24 hours||0.94%|
|MIOTA price change 7 days||-3.33%|
Commenting to the person below. Here’s your pump. A direct use case and partnership with Jaguar/Landrover. I was skeptical of IOTA at first, but this announcement really seals the deal. Jaguar/LandRover said specifically that they would reward courteous drivers with IOTA within the onboard wallet system. This is a huge win for crypto adoption overall, but even bigger for IOTA and IOTA holders. It also drives up the awareness of other IoT blockchain companies, which means they will increase in value as this new trend sparks. It’s important to find a competitor of IOTA for a hedge in volatile moments like this.
I’m still holding out for a big pump on IOTA. I think they are the most overlooked project in the entire top 20 chart and they have amazing potential for the next 2-5 years. They are at the forefront for IOT technology and we all know that it’s the future. IoT will dominate the landscape shortly so it only makes sense to get on board projects like IOTA who have first mover advantage. Everything else is just patience at this point.
IOTA is a really cool project, but they lack the recognition outside of the blockchain space. Most projects have been busy gaining exposure through gimmicks like LTC putting their logo at a UFC fight. IOTA is just another project to most because they don’t put any effort into driving awareness. I can’t wait until everyone knows about IOTA, and since I’ve been in since before it was listed on Bittrex, I can say that i’ve been in this community forever.
IOTA has seen a significant jump in gains. In the last few weeks, it's rallied further than most large cap coins, and this has been because of it's additions to payment apps. IOTA needs to continue this trend to regain its top 10 spot on CMC, and this is critical for investors to stay aware of it. IOTA will see mega gains within the next few months as crypto wakes up from its long and harsh winter.
The hits keep coming with IOTA. The IoT will never be the same after IOTA. It's disruptive technology will be the first tangle project to make a real difference. Cars, home appliances, phones everything will have a backround with Tangle technology in the next 5-10 years. Every one thinks blockchain will be the technology that wins but actually the winner will be the Tangle.
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