Why is iota such a great investment? Among the cryptocurrencies which are listed today, there are very few of them which are not actually based on the blockchain. Iota is one such coin which is not based on the blockchain. However, it is doing very well due to the kind of applications which it provides.
It is pretty famous in the DLT operations. The application of the coin is actually pretty strong. This is one of the main reasons why it is doing pretty well. However, when it comes to the day-to-day price movements, most of the investors are not sure whether they should invest in it currently or not.
IOTA Price Today
What does DLT and iota have in common?
DLT was introduced in order to quell the privacy concerns which are related to Bitcoin as well as blockchain technology in general. At the same point in time, when you look at IOTA you will understand that it is not only beneficial for connecting the different devices but it can also help you eliminate those privacy concerns as well. The network is entirely block less and is known by the name of Tangle.
Collaboration with Rolf Werner:
Rolf Werner is designated with supervising the operations of IOTA Germany, Austria as well as Switzerland. As a result, he was able to make the cryptocurrency much more popular in these regions. With dedicated personnel for promoting the cryptocurrency, it has gained a lot of traction. Even though, blockchain applications are not currently provided by the end of this year, IOTA will be able to provide support to blockchain-based applications as well. Also, owing to the cryptocurrency, it is able to provide machine to machine payment solutions as well. However, since it is a decentralized technology, the other features are equally good as well.
Value of IOTA:
With the increasing partnerships of IOTA, it is slated to go up value significantly. However, the current negative market is impacted as well.
In December 2017, it was trading around $ 5. Ever since then, it has been falling consistently due to the overall restrain in cryptocurrencies. However, with these developments taking place, it is sure to raise not just $ 5 but even beyond.
One of the largest cryptocurrencies in the world:
IOTA is one of the largest cryptocurrency in the world today. As a result, the day-to-day volatility will not impacted negatively. The interest of people in the cryptocurrency increasing significantly. Recently, it also partnered with Mobi in order to provide greater security to the trading of the coin.
During the market turmoil in February and March, it was able to hold its place. On the contrary, it rose by around 100% during that period of time. This clearly indicates that it can hold its place quite easily.
Due to the developments in the nature of the cryptocurrency on the platform, it actually holds a lot of potential for future returns. If you’re looking at cryptocurrencies to invest in, you should definitely consider this option. Keywords: IOTA, MOITA, cryptocurrency, iota price prediction 2018, miota price today, miota iota price forecast