IOTA Being Shut Off Is the Latest Chapter in an Absurdist History
IOTA's 12-day outage shows the crypto markets aren't rational, at least not yet.
IOTA price
(MIOTA / USD)
Market stats
$812.9M
$10.0M
-8.99%
2.8B MIOTA
100% of total supply
$5.69
+0.83%
-2.79%
+8.03%
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About IOTA
IOTA is designed to facilitate microtransactions between devices on the Internet of Things (IoT). IOTA uses a unique consensus algorithm (called the Tangle) that requires users to validate two transactions in order to make a transaction of their own.
Resources
IOTA is on the rise this week.
The price of IOTA has risen by 8.03% in the past 7 days. The price declined by 2.79% in the last 24 hours. In just the past hour, the price grew by 0.83%. The current price is $0.292908 per MIOTA. IOTA is 94.85% below the all time high of $5.69.
The current circulating supply is 2,779,530,283 MIOTA.
IOTA on social media.
IOTA was mentioned in 1,114 out of 1,755,926 social media posts on Twitter and Reddit on Jun 25, 2022. 1,114 unique individuals are talking about IOTA and it is ranked #91 in most mentions and activity from collected posts.
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IOTA Foundation Suspends Network, Probes Fund Theft in Trinity Wallet
The German nonprofit, which supports several decentralized platforms, said it received several reports of fund theft from its Trinity Wallet users and decided to shut off the Coordinator node in the network for further investigation.
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Comparable market cap
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