coin image

IOTA PriceIOTA

87
Coin
$0.40 16.49%
0.00000400 BTC10.45%0.000106 ETH9.77%

Low (24h)

$0.33

$0.41

IOTA Price Today

87
Coin
DAG
Market Cap
$1,437,049,264.12
Market Dominance
0.04%
Market Cap
$1,437,049,264.12
Market Dominance
0.04%
Fully Diluted Market Cap
$1,437,049,264.12
YTD (%)
28.23%
Volume (24h)
$162,630,928.54
Volume / Market Cap
0.11317
Circulating Supply
3,554,846,536 IOTA
Max Supply
-
Total Supply
3,554,846,536
1h24h7d30d60d90d
-1.66%16.49%-17.15%188.10% 226.49% 219.67%





IOTA to USD

coin image IOTA

1

IOTA

=

USD

IOTA Risk Analysis

3

0

1

IOTA (IOTA) Markets


IOTA Quarterly Returns

YearQ1Q2Q3Q4Total
2017--31.96%54.95%478.65%510.05%
2018-70.18%-6.74%-43.29%-37.27%-90.11%
2019-11.84%25.65%-32.76%-39.59%-55.00%
2020-10.42%57.35%25.51%4.62%85.08%
2021415.80%-44.06%33.87%18.74%358.64%
2022-37.35%-68.44%6.85%-41.22%-87.58%
202328.33%-15.75%-17.36%105.65%83.73%
202413.02%-51.46%-21.02%
Average46.77%-14.78%0.96%69.94%114.97%

Introduction to IOTA

IOTA (IOTA) is a distributed ledger for the Internet of Things that uses a directed acyclic graph (DAG) instead of a ordinary blockchain. IOTA is a cryptocurrency, with a purpose for IoT (Internet of Things). It's build upon DAG (Directed acyclic graph), called Tangle. The Tangle ledger can settle transactions, with zero fees. Now network is not decentralized [(without having one central area of command)] - coordinator is in place. Cooperated with VW.

The number of altcoins in the cryptocurrency market has steadily increased in recent years.  One of the most innovative coins in this field is IOTA. It is a unique coin that has introduced new technology to the crypto world. This article will provide you with details regarding what IOTA is, its workings and why it is different from other cryptocurrencies.

 

What is IOTA?

IOTA has a distributed ledger technology. This is different from other cryptocurrencies that use the traditional blockchain. Moreover, IOTA uses the Directed Acyclic Graph.  It was created in 2015 by David Sønstebø, Sergey Ivancheglo, Dominik Schiener, and Dr. Serguei Popov. The main aim of IOTA is to give a platform to the internet of things devices. This platform helps to carry out transactions with each other free of cost.

 

How Does IOTA Work?

IOTA uses a new consensus algorithm called the Tangle, which is a DAG-based system. In the Tangle, every new transaction confirms two previous transactions. This system eliminates the need for miners, and every user becomes a validator. That means as the number of transactions increases the security of the network will increase in a simultaneous manner as well.

 

Advantages of IOTA

  • Scalability

Scalability is the most important advantage of IOTA. Unlike other cryptocurrencies, IOTA's transaction speed increases as more users join the network. It can process as much as 1000 transactions in a second. This makes it the most fast and scalable cryptocurrency in the crypto market.

  • No Transaction Fees

The second important advantage of IOTA is that there are no transaction fees. This benefit makes it a best option for micropayments where transaction fees can minimize the value of payment.

  • Security

IOTA's Tangle system provides an added layer of security to the network. Since each transaction confirms two previous transactions, it is nearly impossible to alter a previous transaction, making the network more secure than traditional blockchain systems.

  • Decentralized

IOTA uses the decentralized network. Thus the need of central authority who controls the network is eliminated. Every user becomes a validator, and no one can manipulate the network to their advantage.

 

Use Cases for IOTA

  • IoT Devices

The primary use case for IOTA is the IoT devices. Since IoT devices are becoming more common, they require a platform to transact with each other without any fees. IOTA's Tangle provides a secure and scalable platform for these devices to transact with each other.

  • Supply Chain Management

IOTA's Tangle can also be used for supply chain management. The Tangle allows for secure and transparent transactions between manufacturers, suppliers, and customers, reducing the risk of fraud and errors.

  • Machine-to-Machine Payments

IOTA's zero-fee transactions make it an ideal cryptocurrency for machine-to-machine payments. On the top of it,  the devices can make transactions without the need of any fees. This makes it the most economical way of payment.

 

Challenges Faced by IOTA

  • Adoption

One of the significant challenges that IOTA faces is adoption. It is still very new and has not gained a considerable amount of traction from the people. People are still in the process to know about its technology. However, as many IoT devices have come online there are chances that the want for platforms like IOTA will increase. Therefore , the chance that it will be widely adoptable is very high.

  • Security

Even though the tangle of IOTA gives a double layer of protection to the network , still there are chances of attacks. Hackers could potentially manipulate the network by performing a 33% attack, where they control a third of the network's computing power.

  • Centralization

Although IOTA is a decentralized network, it is still relatively centralized, with a few large nodes controlling a significant portion.

 

How Much is a One IOTA Worth Now?

The current price of the IOTA(IOTA) is $0.40, with a current market cap $1,437,049,264.12.

What is the IOTA Stock Symbol or Ticker?

IOTA is a ticker symbol of the IOTA.

How Many IOTA Coins Are There in Circulation?

At the movement,3.55B IOTA tokens are already in the market out of 3.55B IOTA.

How Can I Invest in IOTA?

There are many options for buying crypto, and IOTA can be purchased from many crypto exchanges at any time.Just visit DigitalCoinPrice to get the world's best crypto exchanges list and buy IOTA. It's a quick, easy, and secure way to buy IOTA(IOTA).

Is IOTA a Stablecoin?

No, It is not a stablecoin.

What Was the Lowest Price for IOTA?

IOTA had an all-time low of $0.0796.

What Was the Highest Price for IOTA?

IOTA had an all-time high of $5.69.

Who is the Founder of IOTA?

David Sønstebø is the founder of the IOTA(IOTA) blockchain.

IOTA Price Prediction

The current IOTA price is $0.40. In the last 24 hours, IOTA price has gone up by 16.49%. The cryptocurrency market is volatile and never predicts its price movement, and it requires expertise and knowledge, and it is such a problematic take. Let's look at what our experts and market analysts discuss regarding future IOTA price prediction.

Portfolio Tracker

Using a crypto portfolio tracker has become more convenient than it was in the past. This tool enables you to keep track of your crypto assets. As an example, you have acquired IOTA at different prices, which makes it difficult to identify the individual purchasing prices. A portfolio tracker lets you identify profit and loss. Also organise it.

Coin Converter

By exchanging IOTA against fiat currencies (such as the U.S. dollar or Japanese yen) or using them as payment for goods and services, IOTA can be earned or received in various ways. IOTA considers as the most popular cryptocurrency, and on the other side, USD is the most demanding fiat currency globally. Today, almost every fiat currency has been paired with the IOTA, including IOTA to PHP, IOTA to INR, IOTA to NGN, IOTA to THB, IOTA to CAD, IOTA to PKR, IOTA to IDR , IOTA to EUR , IOTA to AUD , IOTA to BDT and many more in the queue. The given all are fiat currency and the most widespread pairs in the market.

Would you like to know how many cryptocurrencies 1 IOTA is equivalent to other cryptocurrencies or vice versa? With Digitalcoinprice's Cryptocurrency Converter Calculator, you can easily convert cryptocurrency pairs. You can convert and check any crypto pairs like IOTA to ME, IOTA to DDBAM, IOTA to STRUMP, IOTA to PEPU, IOTA to BTC, IOTA to PEPE, IOTA to ONDO, IOTA to MOVE, IOTA to ETH, IOTA to SOL .

IOTA Price Current Data

IOTA price today is $0.40 USD, which is Up by 16.49% over the last 24 hours. There has been an hourly Dip by -1.66%. IOTA's market cap currently sits at $1,437,049,264.12 USD, holding up for a market cap rank at #87. The volume were at $162,630,928.54 USD IOTA ranks no 87 in the market capitalization of IOTA is at $1,437,049,264.12 and its volume for 24 hours is $162,630,928.54. IOTA are under circulation, with total supply of 3.55B and the Maximum supply of 0.

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IOTA Price Statistics

IOTA Price Live

IOTA Price

$0.40

Percentage Change ( 24h )

16.49%

$0.0822
24h High / Low

$0.41 /

$0.33

Trading Volume 24h

$162,630,928.54

Volume / Market Cap

0.11317

Market Dominance

0.04%

Market Rank

87

Market Cap

$1,437,049,264.12

Fully Diluted Market Cap

$1,437,049,264.12

All Time High

$5.69

92.97%
All Time Low

$0.0796

402.39%
Circulating Supply

3,554,846,536 IOTA

Total Supply

3,554,846,536 IOTA

Max Supply

-