$ 0.4251
+9.85%
An icon of the cryptocurrency IOTA (MIOTA)

IOTA (MIOTA) price to USD & live value of today

IOTA (MIOTA) live price in US dollar (USD). View statistics about today's value, market cap and supply.

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MIOTA value statistics

Price to USD $ 0.4251
Price to BTC 0.0000358 BTC
Rank 23
24h volume $ 32.44 million
Market cap $ 1.18 billion
All-time high $ 5.77 on 12/19/2017

Supply information

2.78 billion MIOTA
Details
Total supply 2.78 billion MIOTA
There are no burned, team or smart contract locked balances to subtract.
Circulating supply 2.78 billion MIOTA
100%
Circulating supply 2.78 billion MIOTA
Total supply 2.78 billion MIOTA

What is IOTA

IOTA (MIOTA) is a cryptocurrency focussing on the internet of things. By using a tangle instead of a blockchain, it achieves a high level of transaction throughput. Besides, the network doesn't charge transaction fees, which makes microtransactions a reality.

The goal of Iota

IOTA’s goal is to establish a digital ledger technology (DLT) for the Internet of Things (IoT). Their vision contains three fundamental parts. The first is scalability: process a substantial number of transactions per second across a large network of nodes, with fast confirmation times. The second is lightweight: low-power devices should be able to directly participate in the network. And the third is feeless: sending transactions should not require payment of network fees.

Who started Iota

In 2015, IOTA was founded by David Sonstebo, Sergey Ivancheglo, Dominik Schiener, and Dr. Serguei Popov. IOTA is controlled by the IOTA Foundation, which is a non-profit dedicated to developing the technology and maintaining it license-free for all developers to work with.

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