IOTA (MIOTA) Pops 6% Today: Is It The Best Eco-Friendly Cryptocurrencies?

One of the Top 5 eco-friendly cryptocurrencies is IOTA (MIOTA); it uses, possibly, the smallest capacity 100,000 transactions worth 11 IOTA kWh compared with 741 kWh for one bitcoin. Currently, it is estimated at $11.37, and in the last 24 hours, it has surged by almost 6%. The market capitalization is $3,805,394,273 and the trading volume represents about $119,457,772.

The main goal of IOTA is to solve some of the main problems with blockchain technology. The main one is that the larger the blockchain (for example, bitcoin), the slower, more expensive, and the more restrictions for the actual transfer of funds. Another problem with the blockchain is the size because the more and more blocks are added, the longer the blockchain becomes, and therefore the fewer computers can mine it.

April Sanchez

Business and Tech Reporter