IOTA (MIOTA) is a distributed ledger technology (DLT) and cryptocurrency focused on enabling secure, feeless, and scalable transactions for the Internet of Things (IoT). It utilizes a unique consensus algorithm called Tangle, which replaces traditional blockchain architecture.$IOTA
Key Statistics:
- Market Capitalization: $530 million
- Circulating Supply: 2.78 billion MIOTA coins
- Total Supply: 2.78 billion MIOTA coins
- All-Time High: $5.69 (December 19, 2017)
- All-Time Low: $0.0618 (March 13, 2020)
Token Utilities:
- Payment: Enable secure, feeless transactions
- Data transfer: Securely transfer data between IoT devices
- Smart contracts: Execute decentralized applications (dApps)
- Governance: Participate in voting on network development
IOTA Features:
- Tangle consensus algorithm
-