IOTA Price Prediction
Best advise? Study these charts 📖
Today's ForecastsIOTA(MIOTA) opened trading today at $0.35. It achieved a Market high of $0.37 and a subsequent Market low of $0.32, Representing a change of $-0.02 and price percentage change of -5.80% . Its current Price is $0.33 representing a market share of 0.15% only.
A total volumn of $2,103,911 worth of IOTA traded hands today, achieving a Maximum Market Cap of $908,072,512 for the day.
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The Bull Case 🐃 for IOTA
Many people are looking to invest in digital assets (including IOTA) owing to the enormous return which they provide. Even the institutional investors are trying to invest in such assets. This is highly positive for IOTA as a platform. As the traction of the platform increases more and more, the price of the cryptocurrency would also go up. This is a huge positive for the platform in the future.
With the thrust on the digitization of assets increasing and the awareness of cryptocurrency assets also on the rise, IOTA has a lot of potential ahead. As long as the organisation is able to execute their strategy the price of the token would also keep on increasing. This will attract a lot of investors to this cryptocurrency.
IOTA is currently trading around $0.33.
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Price Predictions for Today, This Week and This Month 🚀
Critical Fundamental Analysis of IOTA
IOTA is an open-source distributed ledger protocol that goes 'beyond blockchain' through its core invention of the blockless ‘Tangle’. The IOTA Tangle is a quantum-proof Directed Acyclic Graph, with no fees on transactions & no fixed limit on how many transactions can be confirmed per second in the network. Instead, throughput grows in conjunction with activity in the network; the more activity, the faster the network. Unlike blockchain architecture, IOTA has no separation between users and validators; rather, validation is an intrinsic property of using the ledger, thus avoiding centralization. IOTA is initially focused on serving as the backbone of the emerging Internet-of-Things (IoT). For a more in depth look at the technical design of IOTA read their https://iota.org/IOTA_Whitepaper.pdf.
For the first time ever true micro and even nano-transactions are enabled due to the unique IOTA Tangle architecture, providing developers with a brand new set of tools for their applications in both IoT and Web. This nurtures brand new business opportunities for companies that prohibitive fees has kept in the realm of the impossible until now.
Core feature of IOTA is the ability to transfer data through the Tangle. IOTA gives you several options to do so, making it possible to establish secure and authenticated communication channels between devices. All data which is transferred through IOTA is fully authenticated and tamper-proof - making attacks impossible.
Although IOTA is uniquely suited for the Internet-of-Things, the Tangle enables a variety of different use cases that involve secure data transmission, especially for eGovernance. An important part of this sector is e-Voting. The exploration into this field of use-cases has already begun by several companies and academics.
As the first extensible module of the IOTA core, MAM enables nodes to exchange data through the Tangle, fully authenticated and encrypted. This means that your devices can transmit valuable and sensitive data with quantum-proof security through the Tangle, ready to be analyzed later. MAM makes it possible to share data with multiple parties easily, similar to a radio, multiple parties can simply tune in on your frequency and get the broadcast data.
Leasing anything with a Chip
While the whole world has adopted the ‘Sharing Economy’ in areas like driving and accommodation, IOTA enables a whole new realm where anything with a chip in it can be leased in real time. Most of our belongings stay idle for the vast majority of time that we possess ownership of it, but through IOTA a lot of these things like Appliances, Tools, Drones, eBikes etc. and resources such as computer storage, computational power, WiFi bandwidth etc. can be turned into leasing-services effortlessly.Visit website open_in_new
MIOTA Trading Stats for Today - 2020-12-02 03:01:37 +00:00 GMT
|Current Supply||2,779,530,240 MIOTA|
|Total Supply||2,147,483,648 MIOTA|
|24h Volume (coin)||6,286,209 MIOTA|
|24h Volume (currency)||$2,103,911|
|Last updated||2020-12-02 03:01:37 +00:00 GMT|
Other Price Forecasts similar to IOTA(MIOTA) :
Common MIOTA Price Prediction Questions
What is IOTA’s potential future value?
MIOTA's future value is strongly correlated to it's Fundamental Analysis. We made this easier by giving a short concise write-up here on what IOTA is and what it does. This is because IOTA's price will only rise and make you rich if it’s doing something special e.g. Ethereum which made it possible to create simple smart contracts on the Blockchain, minted the most number of Crypto millionaires. Now ask yourself - Can MIOTA make you one?
What is going on with IOTA's price?
In order not to be too rattled, read our Fundamental analysis above on IOTA to know if it’s a good hodl.
How high will IOTA go?
No one really knows for sure. We however predict MIOTA might be 4x by end of 2020. This will depend however, on the larger crypto market 4xing as most coins whether good or not, mirror Bitcoins loses or gains. If in doubt about any coin, either BUY BTC, ETH or stay out of the market. For now!
Why is IOTA(MIOTA) rising today?
On a day to day basic, we do not have that information. However, look above to see our Fundamental Analysis of IOTA to see its expected value. You can also visit IOTA's website here - Visit website.
A good reason for any intra-day pump is usually partnerships, implementations of a roadmap e.g. Mainnet launch or listing on a new exchange (mega-pump).The IOTA website page will quickly provide you with that value.
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Why is IOTA's price going down?
It’s difficult to tell right now as the daily MIOTA candle hasn’t closed. However a quick way to know the reason for any sudden disruption in IOTA's price is to look at its social media feed to see if it released news that the market revolts at or it’s simply a red crypto day.
To view the Social sentiments for IOTA, Simple click the Social Button on this page, located immediately below the Price Charts.
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