IoTeX Achieves Self Reported Market Capitalization of $302.98 Million (IOTX)

IoTeX (IOTX) traded up 2.6% against the U.S. dollar during the 24-hour period ending at 17:00 PM E.T. on September 8th. Over the last seven days, IoTeX has traded 5.3% lower against the U.S. dollar. IoTeX has a total market cap of $302.98 million and approximately $4.84 million worth of IoTeX was traded on exchanges in the last 24 hours. One IoTeX coin can currently be bought for about $0.0321 or 0.00000059 BTC on exchanges.

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

  • 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 down 2.2% 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
  • Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
  • AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
  • MVP Coin (MVP) traded up 19.6% against the dollar and now trades at $0.0596 or 0.00000109 BTC.

IoTeX Profile

IOTX uses the hashing algorithm. It was first traded on May 23rd, 2018. IoTeX’s total supply is 9,441,372,459 coins and its circulating supply is 9,441,372,454 coins. IoTeX’s official website is www.iotex.io. IoTeX’s official message board is iotex.io/blog. The Reddit community for IoTeX is https://reddit.com/r/iotex and the currency’s Github account can be viewed here. IoTeX’s official Twitter account is @iotex_io and its Facebook page is accessible here.

According to CryptoCompare, “IoTeX is a privacy-focused blockchain infrastructure for the Internet of Things (IoT) that aims to enable autonomous device coordination and create an open ecosystem for people and IoT devices to interact with proper incentives. It is based on Ethereum and uses the Roll-DPoS consensus mechanism for instant finality and high throughput to support millions of devices. The team includes over 30 researchers and engineers and the network has over 100 delegates and is fully open-source. The IOTX token is used for transactions, staking, governance, and registering new devices on the network. The IoTeX ecosystem includes projects such as Ucam, Pebble, Mimo DEX, and IoTeX Scout, among others. The team is headquartered in Silicon Valley and includes former Google, Facebook, and Uber employees.”

Buying and Selling IoTeX

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

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