IOTA
IOTA Price
IOTA, leveraging Tangle, a DAG structure, enables feeless and scalable transactions for IoT advancements. More
| Fully Diluted Valuation | $736.78M |
|---|---|
| 24H Trading Volume | $6.18M |
| 24H Low / High | $0.15 / $ 0.16 |
| Circulating Supply | 3.86 B |
| Total Supply | 4.64 B |
| Max Supply | 0.00 |
| Categories | Smart Contract Platform 6 more |
|---|---|
| Founder | Sergey Ivancheglo 3 more |
| Website | iota.org |
| Socials | 16 more |
| Chains | IOTA Ecosystem |
| Explorer | Iota |
| Name | Pair | OG Score |
|---|
IOTA, introduced by Dapper Labs in 2020, has revolutionized the landscape by offering a fast, decentralized, and developer-friendly platform tailored for the next wave of digital evolution— the Internet of Everything. Co-founded by David Sonstebo, Dominik Schiener, Dr. Serguei Popov, and Serge Ivancheglo in 2015, its primary goal is to democratize and power the Internet of Things (IoT).
Distinct from traditional blockchains, IOTA utilizes an innovative structure called Tangle, a Directed Acyclic Graph (DAG), enabling transaction validation without blocks or miners. Transactions in the IOTA network must validate two previous transactions through a minimal proof-of-work, facilitating rapid transaction processing as the network scales. This unique approach fosters efficiency, scalability, and eliminates transaction fees, making it ideal for the growing IoT ecosystem.
With Tangle, IOTA significantly enhances transaction speeds and efficiency compared to conventional blockchains. The absence of miners allows for seamless and feeless transactions, irrespective of the transaction size, resolving scalability concerns commonly faced by other blockchain networks during congestion.
Moreover, IOTA pioneers the future of economic relationships between machines and humans, propelling the Internet of Things to unprecedented heights. Notably, IOTA's Tangle operates without blocks or miners, utilizing a novel approach where each transaction validates two prior transactions, ensuring cost-effective and scalable transactions. This innovation positions IOTA to be a key player in the forthcoming industrial revolution, bridging the human and machine economies.
IOTA distinguishes itself by its unique Tangle structure, its DAG-based architecture, and its focus on enabling feeless, scalable, and efficient transactions within the Internet of Things ecosystem. The absence of blocks or miners, coupled with the validation mechanism, distinguishes IOTA from traditional blockchain platforms, offering an innovative solution for seamless and scalable transactions within the growing IoT landscape.
IOTA stands out due to its Tangle structure—a Directed Acyclic Graph (DAG)—eliminating blocks and miners, enabling feeless, scalable, and efficient transactions ideal for the Internet of Things.
IOTA was co-founded in 2015 by David Sonstebo, Dominik Schiener, Dr. Serguei Popov, and Serge Ivancheglo.
Key backers and investors supporting IOTA's development and growth are various venture capital firms, corporate partners, and the IOTA Foundation.
IOTA employs a unique consensus mechanism through Tangle, where transactions validate two prior transactions using minimal proof-of-work, enhancing scalability and efficiency.
You can buy IOTA (IOTA) on Binance, OKXMEXCGate.ioHTX cryptocurrency exchanges.
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There may be different staking options available such as to participating in DAOs, decentralized governance and revenue sharing. Please watch out for scams. Only consider staking options promoted on the official website of the project and advised partners. Please click here to see the official links and make sure to follow the latest instructions.
This data is dynamic and varies depending on the number of tokens that are being vested/vesting, removed from circulation because of network transactions or burned permanently and staking reward distribution mechanism. According to self-declared data the circulating supply of IOTA (IOTA) is ($3,864,958,594), max supply of IOTA IOTA is ($0) and the market cap of IOTA IOTA is ($613,421,804).
What is the IOTA (IOTA) price prediction?
Predicting prices in the crypto market is highly speculative and can't be definitively stated. Various factors drive price movements such as macroeconomics, Bitcoin ($btc) and crypto market overall behavior, on-chain activity, whale positionings, growth potential of the project etc. We cannot give any price predictions nor financial advice, but you can look at our comprehensive data, expert user reviews and decide if the product suits your needs! Please do your own research DYOR!
The current market price of IOTA (IOTA) is $0. As the OGAudit community we mainly focus on features such as use cases, product development, and sustainable growth. However, we also provide real-time market data and coin/token statistics, analytics, price history for popular altcoins. see here.
It is important to do comprehensive research before deciding whether IOTA (IOTA) or any other cryptocurrency is a good investment. We believe you should ask each of these questions before deciding to invest or make partnerships with any crypto project:
Is this type of digital asset considered legal in your country?
Does Coin (IOTA IOTA) solve a good problem or offer the best solution?
Do products and services work effectively, and solutions are scalable?
Does the team have a realistic roadmap and can catch up with it?
Does IOTA (IOTA) have reasonable and sustainable revenue income models?
Can the team market their products and services well?
How decentralized is the governance and how strong is the community?
Has it reached its fair market value yet?
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As the OGAudit community crypto experts, we evaluate crypto projects by asking each of these questions and more, to provide objective and reliable comments and ratings for the end-user, investors, and institutions. By carefully considering these reviews, ratings, and price action, you can decide whether IOTA (IOTA) is a good crypto to invest in or not. To access these evaluations and ratings please click here . The OGAudit experts are the largest, most experienced, and elite users in the crypto space. However, keep in mind that the scores, expert reviews and comments on our platform are OGAudit users’ personal views and meant for educational purposes only. None of the information we publish on our website contains any investment advice and should not be perceived as such. Always -DYOR- do your own research well.
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