IOTA
IOTAPrice
$0.392771
24 Hour % Change
-8.10%
Market Cap
$1.09B
Volume (24h)
$37.69M
USD
Linear
Log
to
Key metrics
24 Hour Low
$0.378187
24 Hour High
$0.437341
Net change
$-0.034596
24 Hour Open
$0.427349
All time high
$5.25
Total Supply
2.78B
Returns (24H)
-8.10%
Returns (YTD)
30.92%
Volatility (30d)
1.21
Transaction Count (24h)
n/a
Average Transaction Fee (24h)
n/a
Value Transacted (24h)
n/a
About IOTA
Category
Application token
Value proposition
Software platform
IOTA is a cryptocurrency set up to allow data exchange between any data recording machine as part of the Internet of Things. IOTA is novel in that it doesn’t use a blockchain and instead enables a different type of system of a web of connections. The new system is called Tangle and is based on a type of cryptographic verification known as Directed Acyclic Graph (DAG). In order to make a transaction, the user must validate two previous transactions in the web. This means the system is proportional in speed to the number of transactions occurring.
Disclaimer
The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.
Foundations - Consensus: Distributed
May 13, 2020
May 13, 2020
Low volume and volatility continue to plague the bitcoin market but the supply of dai soars.
Bitcoin trades flat in July, leading investors to mull other cryptocurrencies.
Based on "real volume" from eight reputable exchanges, these 20 digital assets attract most of the sector's legitimate trading activity.
IOTA's new testnet addresses the technical feature that nuked the blockchain-like network for nearly two weeks earlier this year.
Crypto prices climbed with traditional market indexes Monday as traders wondered if bitcoin will remain a follower or break out and blaze its own path.
Bitcoin Bumps Up, but for How Long?
Mar 20, 2020
Traditional markets continue to struggle during the coronavirus crisis while cryptocurrencies are seeing an upswing.
