IOTA Price Prediction or Forecast is very difficult. Like most of the other cryptocurrencies, IOTA is highly volatile, and no one can accurately predict where it will go. Many of the traders are asking themselves “Should I invest in IOTA Cryptocurrency?”.
Well before making any investments, you should go through this article, it might be very fruitful for you.
Many of the existing blockchain application is facing the problem of scaling and IOTA is trying to resolve this problem using a mechanism name as “Snapshotting”. This mechanism enables the blockchain network to process the number of the transaction efficiently. IOTA Coins aims to make secure and seamless communications between IoT devices.
IOTA Coin Price Today
Historical analysis of IOTA
IOTA was launched in 2016 and in 2017 IOTA provides 12500% ROI to its investors in less than 6 months’ time period. This huge growth and ROI surprise IOTA price prediction 2017 by the experts. In July 2017 it one MIOTA was below $ 0.5 USD Threshold but in August 2017 we have witnessed of its price crossing $ 1 USD.
However, many of the investors and traders are still thinking “Should I buy MIOTA today?” or what is the IOTA price prediction for the long term?
The answer is very simple and given below:
IOTA Price Prediction
IOTA is one of those cryptocurrencies who makes huge growth in 2017 in the cryptocurrency market. Currently, this currency is at no. 9 in the industry with the $2,731,227,606 USD market cap. That’s why it is called one of the perspective currency and have a bright future ahead.
Some of the giants make IOTA cryptocurrency price prediction. Let’s hear out what their thoughts are?
IOTA price prediction “Walletinventor”
According to Walletinvestor which is one of the famous site who has shared their technical analysis on IOTA. They use a piece of program which predicts the IOTA coin price for 1 year.
IOTA price prediction “Smartereum”
There is another cryptocurrency forecast site Smarterum.
IOTA future price prediction and analysis
There can be 2,779,530,283 MIOTA in maximum supply whereas 2,779,530,283 MIOTA are in circulating supply. Currently it crosses $2,731,227,606 USD Capitalization of market cap. IOTA teams remain active on different social media platforms and keeping in touch with investors.
Which increases the level of trust among them and investors are not thinking of taking out their investments. IOTA Coin has developed partnerships with big companies like CISCO, SAMSUNG, and Volkswagen, who are all testing its technology.
Moreover, new wallets with few modifications are also present based on these scenarios experts are making the prediction that in 2019 IOTA will be expected to reach $5 to $10 USD.
We try to present our idea based on some facts and predictions of experts about IOTA. Remember IoT & Blockchain is the future of ICT. Both relatively new and still being developed and tested.
IOTA is the combination of these two latest technologies, it is recommended to you to make some more research in this regard and if you are interested to make the investment in IOTA, go ahead.