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Iota Price Prediction

An up-to-date Iota price prediction for 2021, 2023, 2025. Wondering what is the future of IOTA price? Find out Iota price forecast with historical, fundamental and technical analysis.
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Iota Fundamental Analysis

Project name
Iota
Stock Symbol
IOTA
Curr. Price
0.8341
Curr. Supply/Total Supply
2779530283.277761
ROI Since Launch
No Data
Launch Date
No Data
Official Website

IOTA is a digital platform and a cryptocurrency designed to support and drive a new collaborative economy between computers, users, and resources. It positions itself as a project created for the basis of a decentralized Internet of Things, hence the abbreviation IoT. All powered devices controlled via the Internet are the elements of the IoT. In many cases, it also ensures automatic interaction without the direct participation of the owner. The developers say that all devices within the network must effectively share and distribute resources to minimize the energy wasted. IoT may lead to another technological revolution, by automating many processes, and by making them more reliable. The technical advances increase the speed of transaction times and security measures for hacks and thefts, of both coins and data. Regarding mining, it is worth mentioning that IOTA's structure does not require miners or mining fees. A transaction is validated by another user, who in turn makes a transaction, thus generating a graph. In this way, validating a transaction also validates previous transactions. For all this process to take place, the IOTA coin designers executed a "genesis" transaction during the first phase of system development; an initial and automatic transaction, considered neutral and "correct by definition" that did not need to be validated. The platform provides its users with fast transactions. Another pleasant feature is the lack of commission, which can be helpful if a user operates with large numbers of tokens. It also has infinite scalability and a fixed money supply. IOTA cryptocurrency is a pioneer in its field and will continue to be in demand since it's decentralized and independent. The Internet of things market is growing and growing every year, in proportion to the emergence and implementation of new technologies. Statistics indicate that the number of "things" connected to the Internet will exceed the number of computers and smartphones and its cost can reach more than $1 trillion. This also includes smart lighting, air conditioning systems, and even whole systems for monitoring communal resources. Many commercial organizations want to apply IoT technology in the areas of logistics, production, utility costs control and they invest in hardware, software, services, and communications networks.

Iota Live Price Chart

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Iota Technical Analysis

Despite the fact that 100% accurate technical analysis for Iota cryptocurrency is hardly possible, on this advanced technical analysis tool by TradingView you can see the real-time aggregated IOTA buy-and-sell rating for selected timeframe. The summary for IOTA/USD is based on the most popular technical indicators — Moving Averages, Oscillators and Pivots.

Summary

As it can be clear from the analysis cited above, Iota (IOTA) projections are rather contradictory. There is no universal consensus either about positive or negative future IOTA price movements. Indeed, the future possible growth depends on various factors: announcements, new technological solutions of the Iota projects, the crypto environment in general, legal position, and so on. We kindly remind you that before investing in any cryptocurrency, it is essential to do your own research (DYOR).
Disclaimer: This article should not be considered as offering trading recommendations. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor should research multiple viewpoints and be familiar with all local regulations before committing to an investment.

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