IOTA is a cryptocurrency designed for the Internet of Things (IoT), utilizing a unique Tangle technology that enables feeless transactions and infinite scalability. As of Nov 08, 2026, it trades at $0.034507 with a market cap of $148.79M, ranking #200 among tracked cryptocurrencies.
It aims to facilitate data transfer and micropayments between devices securely and efficiently. Source: CoinPaprika.com
What is the IOTA token used for?
The IOTA token is associated with cryptocurrency, depin, direct acyclic graph, feeless, high transaction speed (tps), and internet of things, based on the tags CoinPaprika applies to IOTA.
IOTA history and key milestones
IOTA started on Jul 01, 2017, CoinPaprika's price data for it begins on Jun 13, 2017, and it reached an all-time high of $5.69 on Dec 19, 2017.