Price Analysis

IOTA’s Launch of the Industry Marketplace may Benefit the Coin Soon

Finmax
  • MIOTA records 16% uptrend in the last 30 days.
  • MIOTA may surge up to $0.35 in the next one week.

IOTA has recently announced the launch of industry marketplace, and this may bring back the attention on this token. The coin has not been able to make much progress in the last 30 days, but it may change course to start moving in the upward direction from next week. This week has recorded a good amount of growth with the value of IOTA jumping above $0.30, and it may happen again.

IOTA Price Statistics:

As on September 20, 2019, at 05:32:48 UTC, the price of IOTA token is noted to be $0.28, and it has recorded an uptrend of over 16% in the last 30 days. The coin value has exponentially surged from $0.24 to $0.28 in the past one month, but the upward movement started happening only after September 16, with a steep surge. Yesterday, MIOTA value went as high as $0.30 and had declined slightly since then.

IOTA Price
IOTA Chart By TradingView

In the last 30 days, the highest recorded value of MIOTA was $0.31, and in the last 90 days, it was $0.48. The coin may move between this range from next month onwards.

IOTA has performed decently in this year. The coin started the year trading at $0.35, climbed as high as $0.48 and currently trading below this value. The highest recorded value of MIOTA was noted at $5.69, and it may reach close to this value in the next 2 years.

Conclusion:

Although the current scenario may not look very promising for IOTA token, the coin has many things to watch out in the future. Hence, planning investments now is a good move.

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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