#108 rank
Iota

Iota iota

Iota Price in USD

$0.228

-4.39%

0 ETH

0 BTC

Price Change

MIN

MAX

Iota Price Statistics

Current Price

$0.228

Fully Diluted MarketCap

$1,531,854,409

Total Volume

18,545,491

Total Supply

4,600,000,000

Circulating Supply

3,191,229,882

What is IOTA?

IOTA is a blockchain-based project designed to handle transactions between connected IOT devices. Its cryptocurrency is known as MIOTA. IOTA uses a type of centralized distributed network system known as Tangle and creates data storage and communication layer for web-enables devices

The Team Behind IOTA

IOTA has four co-founders, Sergey Ivancheglo, Serguei Popov, David Sønstebø and Dominik Schiener. IOTA is currently developed and supported by the IOTA Foundation, a German non-profit. In July 2019, IOTA co-founder Sergey Ivancheglo stepped down from the IOTA Foundation

Top Value Drivers For IOTA

The main reasons to invest in IOTA include: - It does not use a blockchain. Instead, it uses Tangle, a data structure referred to as a Directed Acyclic Graph (DAG) - IOTA is initially focused on serving as the backbone of the Internet-of-Things (IoT). - It has no transaction fees and requires no miners to process transactions - IOTA has established high-profile partnerships with the carmaker Volkswagen and helping the city of Taipei to pursue smart projects

FAQs

The current price of Iota is USD 0.228.

The total supply of Iota is 4,600,000,000 and circulating supply of Iota is 3,191,229,882

The trading volume of Iota is 18,545,491 in the last 24 hours.