IOTA
IOTA

MIOTA price

$0.20030
+$0.0082000
(+4.26%)
Price change for the last 24 hours
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MIOTA market info

Market cap
Market cap is calculated by multiplying the circulating supply of a coin with its latest price.
Market cap = Circulating supply × Last price
Circulating supply
Total amount of a coin that is publicly available on the market.
Market cap ranking
A coin's ranking in terms of market cap value.
All-time high
Highest price a coin has reached in its trading history.
All-time low
Lowest price a coin has reached in its trading history.
Market cap
$739.98M
Circulating supply
3,688,810,566 IOTA
80.19% of
4,600,000,000 IOTA
Market cap ranking
--
Audits
CertiK
Last audit: May 1, 2021
24h high
$0.21080
24h low
$0.19190
All-time high
$4.0800
-95.10% (-$3.8797)
Last updated: Jan 13, 2018
All-time low
$0.075400
+165.64% (+$0.12490)
Last updated: Mar 13, 2020

IOTA calculator

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MIOTA price performance in USD

The current price of MIOTA is $0.20030. Over the last 24 hours, MIOTA has increased by +4.27%. It currently has a circulating supply of 3,688,810,566 IOTA and a maximum supply of 4,600,000,000 IOTA, giving it a fully diluted market cap of $739.98M. At present, the MIOTA coin holds the 0 position in market cap rankings. The MIOTA/USD price is updated in real-time.
Today
+$0.0082000
+4.26%
7 days
+$0.0080000
+4.16%
30 days
-$0.01150
-5.43%
3 months
-$0.09360
-31.85%

About MIOTA (IOTA)

  • Official website
  • White Paper
  • Block explorer
    • About third-party websites
    About third-party websites
    By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates ("OKX") are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets.

IOTA is an open-source distributed ledger that can make secure and valid transactions without using a traditional blockchain network. The ticker symbol of its native token is MIOTA.

IOTA network decided on a different architecture for their project after recognizing the shortcomings of blockchain and its inability to scale to the enterprise level. It follows a directed acyclic graph (DAG) structure called the Tangle. Unlike traditional blockchain architecture, Tangle is a parallel blockchain system that processes transactions.

With Tangle, the IOTA protocol does not require miners or validators to confirm transactions in advance. As a result, the IOTA network is faster, simpler, energy efficient, and scalable.

Mana is a reputation-based system introduced in the IOTA network to help address conflicts and promote efficient and fair access to resources. It serves as a mechanism for users to express their influence over the network and gain priority in selecting transactions to be included in the Tangle. By accumulating mana, users can increase their chances of having their transactions confirmed and enable a more reliable and secure network operation.

IOTA and its foundation create scalable solutions in the Internet of Things (IoT) ecosystem that are not limited to any industry. Its fast network helps support complex architectures and can have many use cases, such as building smart cities or providing digital identities.

MIOTA price and tokenomics

MIOTA has a maximum supply of 2.8 billion dollars, making MIOTA a non-inflationary cryptocurrency. One MIOTA is equivalent to one million iotas, like how satoshis are to BTC.

MIOTA is the utility token of the project. It serves as a payment for transactions executed on the network and can be used to initiate smart contracts. It also has staking capabilities, allowing holders to pledge a portion of their tokens to the network for a reward. Additionally, it allows developers to build smart contracts and decentralized applications (dApps).

About the founders

Founded in 2015, IOTA was created by David Sonstebo, Dominik Schiener, Dr. Serguei Popov, and Serge Ivancheglo. Scheiner and Sonstebo share the co-chairmen seat on the board of directors, while Popov leads the foundation's research department.

Due to internal conflicts, co-founders David Sonstebo and Sergey Ivancheglo resigned from the board of directors in 2019. The director of research, Serguei Popov, later became the board's co-founder and member.

Earlybird Venture Capital, Outlier Ventures, and Robert Bosch Venture were the first institutional backers of the IOTA initiative. IOTA has also secured partnerships with reputed brands like Dell and Jaguar. Additionally, it is backed by many exchanges, such as Bitfinex and Huobi.

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MIOTA FAQ

What is IOTA?

IOTA is a distributed ledger that uses the directed acyclic graph (DAG) structure to process fast and efficient transactions. MIOTA is the ticker of the platform's native token and serves to create a machine economy that supports many real-life applications of the Internet of Things (IoT).

How does IOTA work?

MIOTA's distributed ledger technology, Tangle, can be imagined as a multi-dimensional blockchain. It allows value transfer without any gas fees and stores the records immutably on the network.

The open-source framework and DAG architecture facilitate its scalability and fast, feeless transactions. The network does not employ miners or validators. This automatically makes transactions faster, allowing network participants to secure on-chain data.

Where can I buy IOTA (MIOTA) tokens?

Easily buy IOTA tokens on the OKX cryptocurrency platform. OKX's spot trading terminal includes the IOTA/USDT trading pair.

You can also swap your existing cryptocurrencies, including XRP (XRP), Cardano (ADA), Solana (SOL), and Chainlink (LINK), for IOTA with zero fees and no price slippage by using OKX Convert.

How much is 1 MIOTA worth today?
Currently, one MIOTA is worth $0.20030. For answers and insight into MIOTA's price action, you're in the right place. Explore the latest MIOTA charts and trade responsibly with OKX.
What is cryptocurrency?
Cryptocurrencies, such as MIOTA, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as MIOTA have been created as well.
Will the price of MIOTA go up today?
Check out our MIOTA price prediction page to forecast future prices and determine your price targets.

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ESG Disclosure

ESG (Environmental, Social, and Governance) regulations for crypto assets aim to address their environmental impact (e.g., energy-intensive mining), promote transparency, and ensure ethical governance practices to align the crypto industry with broader sustainability and societal goals. These regulations encourage compliance with standards that mitigate risks and foster trust in digital assets.
Asset details
Name
OKcoin Europe LTD
Relevant legal entity identifier
54930069NLWEIGLHXU42
Name of the crypto-asset
IOTA
Consensus Mechanism
IOTA employs a unique consensus model based on a Directed Acyclic Graph (DAG) known as the Tangle, which removes the need for traditional blockchain mining and centralized validators. In this system, every transaction contributes directly to network consensus. Core Components: 1. Tangle (DAG Structure): Transaction Validation: Each transaction must approve two previous transactions, creating a network of interconnected transactions that validate each other without a linear block structure. Decentralized Consensus: By having every participant validate two transactions, IOTA’s Tangle enables a fully decentralized consensus mechanism without the need for dedicated miners or validators. 2. Coordinator Node: Network Stability and Security: IOTA currently employs a special node, the Coordinator, to protect the network from certain attacks, like double-spending, and maintain stability as the Tangle continues to grow.
Incentive Mechanisms and Applicable Fees
IOTA operates without traditional transaction fees or miner rewards, relying instead on its unique Tangle structure, where each transaction confirms others, providing inherent incentives for network participation. Incentive Mechanisms: 1. Feeless Transactions: User-Driven Validation: In IOTA, each transaction validates two others, eliminating transaction fees and encouraging participation through mutual validation. 2. Smart Contract Gas Fees: Smart Contract Execution Costs: While standard transactions are feeless, IOTA smart contracts use a gas fee model similar to Ethereum’s. Gas fees are required for executing computational steps, calculated based on resource consumption like storage and processing complexity. Applicable Fees: 1. Smart Contract Fees: Gas Model for Contracts: Smart contracts on IOTA incur gas fees, aligning with the resource requirements of each operation to ensure efficient network utilization.
Beginning of the period to which the disclosure relates
2024-03-12
End of the period to which the disclosure relates
2025-03-12
Energy report
Energy consumption
65700.00000 (kWh/a)
Energy consumption sources and methodologies
For the calculation of energy consumptions, the so called “bottom-up” approach is being used. The nodes are considered to be the central factor for the energy consumption of the network. These assumptions are made on the basis of empirical findings through the use of public information sites, open-source crawlers and crawlers developed in-house. The main determinants for estimating the hardware used within the network are the requirements for operating the client software. The energy consumption of the hardware devices was measured in certified test laboratories. When calculating the energy consumption, we used - if available - the Functionally Fungible Group Digital Token Identifier (FFG DTI) to determine all implementations of the asset of question in scope and we update the mappings regulary, based on data of the Digital Token Identifier Foundation.
Disclaimer
The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
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IOTA calculator

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