Price Analysis

IOTA Price Analysis: IOTA’s Trinity Wallet May Push The Crypto Towards Growth

IOTA (MIOTA) may surge up to $0.45 by the month end

IOTA has proved its worth time and again through partnerships and introduction of new upgrades. But, the coin has not been able to make any considerable impact and seems to be static for a major part of the year. The current market statistics of IOTA also lack movement and may impact its image immensely. The investors and traders need to be given a major reason for sticking around.

IOTA Price Statistics:

As on July 10, 2019, at 03:29:17 UTC, IOTA is found to be trading at $0.39285, and the coin has shown an uptrend of 2% in the last 5 days rising from $0.38239 to this value. IOTA has moved sideways most of the times in this duration rising from $0.38239 to $0.39977 and then dropping back to $0.38753, but it picked up a little momentum to move past $0.40426 and traded at $0.41304 briefly.

IOTA Price Prediction
IOTA Price Chart by TradingView
  • IOTA to USD price is noted at $0.39285 and 0.00003043 BTC
  • The Market Cap of the coin is now $1,096,963,586
  • The 24-hour volume has reached $17,135,691
  • The ROI of the coin stands at -38.24%
  • The circulating supply has reached 2,779,530,283 MIOTA

IOTA token surged as high as $0.40 yesterday and has been continuing with the slow trends since past few weeks. In the last 7 days, the highest value of IOTA was noted at $0.4131.

IOTA Price Prediction & Conclusion:

There has not been much change in the value of IOTA token since the beginning of the year when the coin was trading at $0.35. It was only in the month of May that IOTA reached as high as $0.55, but before and after this, it continued with the sluggish movement within $0.40 range. The coin may trade around $0.60 by the end of this year if the current pace continues. This is a good time for small investments in IOTA, but the wait for returns seems to be long.

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Mehak Punjabi

Mehak Punjabi is a post graduate in MBA with specialization in Finance and has joined CryptonewsZ with a skill building view in the world of cryptocurrency and blockchain. She is dynamic and a quick learner with a hold on financial analysis.
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