IOTA Price Forecast: MIOTA To Rebound To $5 Level?

MIOTA Price Prediction 2018: IOTA is an ambitious digital currency project with high potentials. Unlike other digital currencies, IOTA doesn’t use the blockchain design; instead, it stocks data of transactions in a blockless shared ledger. This technology supports the digital currency to eliminate costs of operations and reduce processing time. The value of the MIOTA saw significant growth at the end of last year, and it’s set to be one of the best cryptos this year in the digital currency market. This is one of the promising currencies in the digital market. Because of its potential long-term returns, investors favor this coin as a profitable investment option. MIOTA has shown a growth of 12500% over the past year.

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IOTA Announcements and Exchanges

IOTA is one of the most talked-about coins lately, as the team behind IOTA is rising with presenting their technology to the point of fixing “real life” difficulties. IOTA has started new partnerships with many firms increasing the value of the coin and grabbing the attention of the investors. The collaboration with Volkswagen was quite attractive, and the currency gained profits from these partnerships. MIOTA is ranked in the 9th position according to the data of coinmarketcap. As of now, IOTA is trading at $1.06 which is an increase of 1.98% from the previous day’s value. Our predictors have analyzed the costs of MIOTA and have stated that by the end of this year there will be a hike in the amount of this currency and will worth $2.88 which is a 175.33% increase.

IOTA Price Prediction 2018

IOTA can be a profitable investment option. MIOTA price equal to 1.052 USD at 2018-07-02. If you buy MIOTA for 100 dollars today, you will get a total of 95.026 MIOTA. Based on our forecasts, a long-term increase is expected, the price prognosis for 2023-06-28 is 6.773 US Dollars. With a 5-year investment, the revenue is supposed to be around +543.6%. Your current $100 investment may be up to $643.6 in 2022. MIOTA price today is $1.052 and have the market cap value $2,936,212,405. The current supply is 2,779,530,283 MIOTA, and the volume sits at $55,606,300.

Conclusion

Most digital currencies favor following the trend of Bitcoin – the most prominent player, to the point that the amount of Ethereum and other digital currencies are influenced dramatically by the losses and gains of Bitcoin (BTC) in the market. But IOTA (MIOTA) stands as a market maker in its sole right. This places the coin in a small but significant group of digital currencies that can operate as a trendsetter for the rest of the market. As a result, the price predictions of IOTA points that a rebound to the $5 mark or more is possible by the end of this year.

Disclaimer: This feature should not be exercised as, and is not designed to provide, investment advice. Coinpriceprediction and its affiliates, employees, and writers give the information of the coin with careful analysis. Please conduct your thorough study before funding in any crypto.

IOTA Price Forecast: MIOTA To Rebound To $5 Level?
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