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Price Analysis

IOTA (MIOTA) Price Analysis: IOTA’s List Of Partners Is Impressive And Futuristic, Steep Growth On The Cards

  • IOTA keeps furthering its partners and has added automobile giants to the list
  • IOTA’s Tangle is the distributed ledger of the future

When a cryptocurrency is backed by partners like Porsche, Jaguar, Microsoft, and Tesla, there is something about it which is unique and long-lasting. IOTA aims to use its Tangle technology to integrate the Internet of Things in managing electronic devices. Unlike blockchain, Tangle is fee-less, scalable, and faster, enabling multiple users to control the transaction speed without giving control in the hands of a single user. The mass adoption of IOTA is now increasing at a rapid rate and becoming it mainstream. IOTA’s market performance is also good and promising for the future progress of the currency.  MIOTA holders are optimistic about its growing demand.

Current Statistics:

IOTA (MIOTA)

 

  • IOTA is ranked at the 15th position in the global cryptocurrencies ranking
  • The ROI of the coin stands at -39.29%
  • The circulating supply of the coin is noted at 2,779,530,283 MIOTA which is the same as the total supply & maximum supply
  • The market cap of MIOTA is noted at 1,082,180,636 USD as on May 24, 2019, at 03:44:01 UTC
  • The price of the coin is trading at 0.38 USD & 0.00004932 BTC
  • The 24 h volume is now 33,783,511 USD

Comparison:

In the last 30 days, MIOTA coin’s value moved between the range of 0.46 USD & 0.25 USD. The highest was noted at 0.42 USD & lowest at 0.35 USD in the last seven days. As on April 25, 2019, at 05:34:02 UTC, the market cap of the coin was 802,409,188 USD. The price was trading at 0.28 USD & 0.00005300 BTC, and 24 h volume was 17,237,210 USD. There has been an upward trend of over 35% in the last month.

IOTA Cash Price Prediction till 2022:

IOTA gave an all-time high of over 5.69 USD in December 2017. The value of MIOTA coin moved between 0.29 USD and 0.36 USD till May post, which it has shown a steep upward movement reaching as high as 0.46 USD. It should be able to cross the 0.50 USD mark in the next one month. The price of the MIOTA coin can reach up to 1 USD by the end of 2019. In the next three years, the coin value can reach up to 10 USD.

Conclusion:

IOTA is among one of the best currencies in today’s times. Buying MIOTA in bulk is now a good option for a long term investment with huge returns.

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Roxanne Williams

Roxanne Williams has recently joined as a market reporter for CryptoNewsZ - the 24/7 crypto news site, where she produces recent stories, technical analysis and price updates on world's leading cryptocurrencies.
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