IOTA On The Rise: Passes Ripple And Breaks Yet Another Record

IOTA

The price of IOTA (MIOTA) has hit new record highs above $3.50.

Source: CoinMarketCap

At press time, IOTA is trading at $3.50 – just below its record of $3.59 reached at 19:39:35 UTC. The IOTA-U.S. dollar (MIOTA/USD) exchange rate has appreciated by a staggering 23.26 percent in just 24 hours. For the month, the coin is up 894.3 percent and now has passed the cryptocurrency Ripple, being the fourth largest cryptocurrency by market cap at $9.63 Billion USD.

 

Source: CoinMarketCap

As we reported yesterday, the cryptocurrency closed deals yesterday with Samsung, Microsoft, and Fujitsu and was up a whopping 55.44 percent for the day. As per CoinMarketCap, in the last 24 hours, the top IOTA exchanges processed a staggering and monumental $1,217,235,549 worth of the cryptocurrency. The coin has become the top Altcoin in the last two days but not far behind is Monero who is also having a two-day all-time high rally.

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Chelsea Roh is a freelance content writer living in Vancouver, BC. Her current focus is cryptocurrency, financial analysis and blockchain technology. In addition to content writing, she is an experienced Social Media Manager/Strategist. Before moving to Canada, she spent 10+ years marketing and working hands on in the medical practice industry.