What IOTA coordinates

IOTA (MIOTA) is an AI / DePIN infrastructure token, currently ranked 141st by market capitalization among the assets we track. IOTA sits in the AI/DePIN category, where tokens incentivize a real-world or compute resource network. Providers earn MIOTA for contributing capacity, and demand for that capacity is the fundamental to watch.

IOTA is a cryptocurrency designed for the Internet of Things (IoT), utilizing a unique Tangle technology that enables feeless transactions and infinite scalability. It aims to facilitate data transfer and micropayments between devices securely and efficiently.

How the network bootstraps supply and demand

Value accrues when the underlying resource is genuinely useful and paid for. The risk is a network that looks busy on emissions alone, with token rewards outrunning real consumption.

Under the hood, MIOTA secures its ledger with Delegated Proof of Stake, built on the Kerl algorithm.

Background & fundamentals

IOTA first went live in 2017, giving it roughly 9 years of on-chain price history to draw on. IOTA operates under a semi-centralized structure, which concentrates protocol decisions in an identifiable issuer or foundation. A documented core team of 64 contributors is listed publicly, a depth of disclosed staffing many long-tail tokens lack.

Its codebase is open-source, meaning the implementation can be audited rather than taken on trust. The project publishes a whitepaper documenting its original design, which is worth reading before sizing any position in MIOTA. CoinPaprika classifies the project's development status as "Working product".

In sector terms it is most often filed under Cryptocurrency, DePIN, and Direct Acyclic Graph.

Where IOTA sits in the market

At $0.0350, IOTA carries a market capitalization of $141.56M. Around $7.38M changes hands across exchanges in a typical 24-hour window. That is a turnover of about 5.21% of the float — a healthy level of activity for an asset this size.

Almost the entire MIOTA supply is already in circulation (~173.8% of the 2.8B cap), so future dilution is effectively off the table. MIOTA remains -99% beneath its all-time high of $5.69, the kind of gap that historically takes a full cycle or a fresh catalyst to close. Measured from its all-time low of $0.0239, MIOTA is up +46%.

What the price history shows

Recent moves read 24-hour +1.53%, 7-day -15.37%, 30-day +4.84%, 1-year -69.77%. Across roughly the last 366 days of daily candles, MIOTA endured a peak-to-trough drawdown of about 78% before stabilizing.

Volatility profile

Recent action puts IOTA in the High-volatility band — it has been actively trading, with daily moves that would be unusual in traditional equities. Over the last 30 days the move totals +4.84%, a useful input for stop placement and position sizing.

How to evaluate an AI/DePIN token like IOTA

For an asset of this type, three lenses matter most:

  • Real demand — paying usage of the network's resource, not just provider rewards funded by MIOTA emissions.
  • Supply growth — how much real-world or compute capacity the network has actually brought online.
  • Token economics — whether MIOTA demand can outgrow the incentives the protocol pays to bootstrap it.

This page pulls live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model into one view so you can work through those questions in a single place. None of it is investment advice — it is a structured starting point for your own research.