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IOTA

IOTA
$1.22
24H %
-5.28%
24H Low
$1.21
24H High
$1.29
TO

Linear
Log
Market Cap
3.38B
24H Volume
51.87M

Price

24H Open
$1.28
24H Change
$-0.067807
52 Week Low
$0.226050
52 Week High
$2.68
All Time High
$5.25
Returns (YTD)
314.41%

Market Stats

Total Supply
$2.78B
Max Supply
n/a
24H Value Transacted
n/a
30D Volatility
1.08
24H Transaction Count
n/a
24H Average Transaction Fee
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. CoinDesk also provides a suite of institutional-grade price indexes. Find out more about them here.
Market Analysis
Social Analysis

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Disclaimer
Any data, text or other content on this page is provided as general market information and not as investment advice. Past performance is not necessarily an indicator of future results. CoinDesk is an independently managed media company, wholly owned by the Digital Currency Group, which invests in cryptocurrencies and blockchain startups. DCG has no operational input into the selection or curation of CoinDesk content in all its forms.