In fact, if you compare its performance with Bitcoin, you’ll be surprised to find that, in recent days, it has outperformed the cryptocurrency heavyweight by a huge margin. Even if IOTA were to take a small slice of this gigantic pie, it could be set for life. The IoT sector is expected to be a multi-trillion-dollar industry in the coming years. ![]() The transactions will be denominated in its token, MIOTA. The transactions between these devices will take place on IOTA’s platform, which means they’ll be decentralized and free from manipulation. IOTA Cryptocurrency Adoption by IoT Industry Could Multiply Its Price IOTA has just entered into a partnership with some 20 big multinational corporations-notably Microsoft Corporation, Cisco Systems, Inc., Fujitsu Ltd, and Accenture Plc-to integrate IOTA with the Internet of Things (IoT). IOTA Price Forecast for 2018: IOTA Beats Ripple But if you've bought in, don't be too hasty to sell.Īs they say in the crypto-world: Hold On for Dear Life (HODL)! That's because IOTA may be breaking the $5.00 barrier sooner than you think and heading straight for the $10.00 mark in 2018.Īlso Read: IOTA Price Prediction 2018: This Little-Known Cryptocurrency Could Record Four-Digit Returns It's natural for new investors to feel giddy. The IOTA to USD price is currently hovering oround $4.00 and, from where I see it, the IOTA price doubling from here seems like an imminent possibility. In fact, if you compare its performance with Bitcoin, you'll be surprised to find that, in recent days, it has outperformed the cryptocurrency heavyweight by a huge margin. Soon after the news of the big partnerships made headlines, the IOTA price shot through the roof. Take note that IOTA was trading for pennies on a dollar just about a week ago. The idea seems futuristic, and we have yet to see a real-life example of it being used. That’s exactly what IOTA will be working on if these recently announced partnerships materialize. The transactions between these devices will take place on IOTA’s platform, which means they'll be decentralized and free from manipulation. On IOTA’s network, smart IoT devices may be able to send and receive data and carry out transactions in a secure and private way.įor instance, one smart device (say, a TV, a home security system, or a car) may be able to command another smart device to perform a task and, in turn, pay it for carrying out the order. IOTA, which seemingly derives its name from the same concept, has centered its development around IoT technology. In case you missed it, IoT is a next-generation technological concept under which smart devices connect and interact with each other. IOTA is now one of the few digital currencies that has caught the eyes of industry bigwigs, who may now be planning to bring its technology to the mainstream. The price advanced on the back of a concrete development. ![]() This sudden surge in the IOTA price has been no coincidence. With a market cap of around $12.0 billion, investors have gone into a tizzy as all eyes turn toward it. IOTA and its token MIOTA had a grand slam victory on Tuesday after beating Ripple to achieve the fourth-largest market capitalization in the world. Some tailwinds are working in its favor, which spell a bullish IOTA (MIOTA) price forecast for 2018. ![]() Litecoin, Dash, and Monero were left behind as IOTA took a lead over them. On its way up there, IOTA beat some of the prominent names in the game. In just a few days, this digital currency jumped to the fourth spot on the list of most valuable cryptocurrencies in the world. ![]() IOTA Price Forecast for 2018: IOTA Beats RippleĪ little-known cryptocurrency, IOTA, is suddenly the talk of the town. 08:54:53 IOTA (MIOTA) price forecast 2018 iota cryptocurrency iota market cap iota internet of things iota blockchain IoT iota microsoft partnership Our IOTA (MIOTA) price forecast for 2018 is bullish, as we see this cryptocurrency reaching for the $5 mark after the recent partnership announcements. IOTA (MIOTA) Price Forecast 2018: Price Hitting $10 Seems Imminent
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