IOTA is a new type of cryptocurrency network that uses a technology called The Tangle to support its network, instead of a blockchain. This allows IOTA to provide users with zero transaction fees, instant transfers and theoretically infinite scalability. It is focused on microtransactions and aims to support the Internet of Things, enabling smart devices (eg, phones, fridges, cars) to talk and transact with each other. The IOTA (MIOTA) coin is used for payments on the network.
IOTA (MIOTA) is the 59th largest cryptocurrency in the world by market cap, valued at $755,877,321. The current price of IOTA is $0.272117, which is 0.002% lower than yesterday. Prices have ranged between $0.273367 and $0.263478 over the past 24 hours. All prices are listed in US dollars and accurate as of July 03, 2022 09:07 UTC.
| Coin symbol | MIOTA |
|---|---|
| Coin Marketcap | US$755,877,321 |
| Total MIOTA supply | 2,779,530,283 |
| Circulating MIOTA | 2,779,530,283 |
| Current price | US$0.272117 |
| All time high | US$5.25 |
| All time high date | March 13, 2020 |
| Notable team members | Sergey Ivancheglo, Serguei Popov, David Sønstebø, Dominik Schiener |
| Partnerships | Volkswagen, Jaguar, Fujitsu |
| Industry | Internet of Things |
| Token uses | Utility token |
| Network | IOTA |
Historical prices compared with the price of US$0.272117.
| 1 hour | 0.65% |
|---|---|
| 24 hours | 0.00% |
| 7 days | -0.37% |
| 14 days | 0.72% |
| 30 days | -10.40% |
|---|---|
| 60 days | 7.95% |
| 200 days | -23.66% |
| 1 year | -45.84% |
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Cryptocurrencies are speculative and investing in them involves significant risks - they're highly volatile, vulnerable to hacking and sensitive to secondary activity. The value of investments can fall as well as rise and you may get back less than you invested. Past performance is no guarantee of future results. This content shouldn't be interpreted as a recommendation to invest. Before you invest, you should get advice and decide whether the potential return outweighs the risks. Finder, or the author, may have holdings in the cryptocurrencies discussed.
What’s the best wallet for safely storing IOTA? Find out in this handy guide.