IoTeX (IOTX) Trading 4.3% Lower This Week

IoTeX (IOTX) traded 1.4% higher against the dollar during the one day period ending at 17:00 PM ET on February 6th. During the last week, IoTeX has traded down 4.3% against the dollar. One IoTeX coin can currently be bought for approximately $0.0408 or 0.00000094 BTC on major exchanges. IoTeX has a total market capitalization of $385.09 million and approximately $5.47 million worth of IoTeX was traded on exchanges in the last day.

Here’s how other cryptocurrencies have performed during the last day:

  • KILT Protocol (KILT) traded up 2.2% against the dollar and now trades at $0.35 or 0.00000800 BTC.
  • Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Zoo Token (ZOOT) traded 2.2% lower 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.
  • Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
  • Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
  • Lego Coin (LEGO) traded up 0.1% against the dollar and now trades at $0.0122 or 0.00000028 BTC.
  • Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 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 3.1% higher against the dollar and now trades at $0.0089 or 0.00000021 BTC.

IoTeX Coin Profile

IoTeX (IOTX) uses the hashing algorithm. It launched on May 23rd, 2018. IoTeX’s total supply is 9,441,378,959 coins and its circulating supply is 9,441,378,955 coins. IoTeX’s official Twitter account is @iotex_io and its Facebook page is accessible here. IoTeX’s official website is www.iotex.io. The Reddit community for IoTeX is https://reddit.com/r/iotex and the currency’s Github account can be viewed here. The official message board for IoTeX is iotex.io/blog.

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 currently possible to purchase alternative cryptocurrencies such as IoTeX directly using U.S. dollars. Investors seeking to acquire IoTeX should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase IoTeX using one of the exchanges listed above.

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