IOTA
IOTAPrice
$2.07
24 Hour % Change
-7.83%
Market Cap
$5.74B
Volume (24h)
$253.38M
USD
Linear
Log
to
Key metrics
24 Hour Low
$1.00
24 Hour High
$2.28
Net change
$-0.176472
24 Hour Open
$2.25
All time high
$5.25
Total Supply
2.78B
Returns (24H)
-7.83%
Returns (YTD)
610.04%
Volatility (30d)
1.20
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
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