MIOTA Price for today is $0.941535. Its current circulating supply is IOTA 2,779,530,283 with a market cap of $2,617,025,045.
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Coinswitch provides a real-time IOTA price chart that enables investors to keep track with the current MIOTA price and also how it compares against other cryptocurrencies. IOTA is the 5th largest cryptocurrency by market cap, after overtaking both Litecoin and Dash. The current market capitalization of the IOTA cryptocurrency is valued at around 2617025045.0 $ with a circulating supply of 2.78 billion coins.
MIOTA is currently valued at US $1.553 with a 1-year growth forecast of $3.48 and a 5-year forecast of $10.85. The IOTA value has been bullish over the last 12 months with promises of a positive trend in the near future, according to industry analysts. For a 5-year investment, the revenue earned on IOTA is expected to around +599%, thus making it an excellent current buy for cryptocurrency investors. IOTA has also partnered with major corporations including Microsoft, Cisco Systems, Samsung, and Volkswagen.
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In recent years, a variety of cryptocurrencies have gained an international reputation as a viable alternative to fiat currencies. To enable investment in this revolutionary medium of monetary transaction, Coinswitch has emerged as a most trusted cryptocurrency exchange, which compares and provides real-time prices of over 300 cryptocurrencies including MIOTA (or IOTA). As an investor, you can buy IOTA or other cryptocurrencies at the best-traded prices through Coinswitch, which provides a real-time comparison across different IOTA Exchange and MIOTA exchange mediums.
To be able to invest into cryptocurrencies, investors must have a cryptocurrency wallet address for the particular cryptocurrency in which they want to trade. They can trade IOTA currency by purchasing a stable wallet version of IOTA with its unique address or a tag with a private key. They can buy IOTA coin and store them in their cryptocurrency wallet. Coinswitch does not provide cryptocurrency wallet addresses and neither does it ask investors for their wallet’s private keys.
MIOTA (or IOTA) is a cryptocurrency system optimized for use with the Internet of Things (IoT) and is capable of handling large volumes of microtransactions with the least commission fees. According to IoT industry experts, around 50 billion devices are expected to connect to the IOTA system over the next ten years. MIOTA has proven crucial to the cryptoverse as it touches on almost all areas of technology and is positioned well to impact several aspects of production, supply chain management, education, finance and consumer trends.
Unlike cryptocurrencies based on heavy-duty blockchain technology, IOTA cryptocurrency system is light-weight and great for high-frequency microtransactions. The IOTA system algorithm is developed using Tangle ledger that provides the advantage of transacting high-frequency micropayments for less than 1 cent. While IOTA has all the benefits of other cryptocurrencies such as decentralization and state independence, it offers its own advantages, such as:
1. The availability of 2.78 quadrillion IOTA crypto coins thus allowing for a larger volume of micropayments
2. IOTA coins cannot be mined, thus removing the complexities of mining from affecting the future price of IOTA.
3. Unlike other cryptocurrencies, free or unpaid transactions are possible in IOTA due to the Tangle algorithm.
If you are new to crypto trading, it's always advisable to learn about, what is IOTA, it's benefits and indicative return on investment.