Today: 2021-12-03 Disclaimer: This is not a financial advice

Is it a Good Time to Buy IOTA Right Now?

Current Price
$1.47
All Time High: $5.25

IOTA is down -72.04372% from its highest price on 2017-12-19.

4/5
Avarage Daily Volume: $198,273,124.00

IOTA has a daily trading volume of $198,273,124.00 which it will make it super easy for you to sell your holdings of IOTA

Community

IOTA has 379293 total followers in all its social media accounts.

5/5
Exchanges

IOTA is listed on 54 exchanges

5/5
Price Potential

IOTA price value has the potential to increase to $47.87 in the next crypto bull run.
Which may take up to 5 years from now.

Overall Score

Our algorithm believes it's An Excellent time to invest in IOTA right now. We give it all overscore of

4.25/5

How to buy IOTA today

Open an account at the exchange below so you could buy IOTA today

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Summary of IOTA(MIOTA):

IOTA(MIOTA) today price is $1.47, which is down -72.04372% from it's all time high. The avarage daily volume is $198,273,124.00 and you can trade IOTA on 54 exchanges.

379293 people are following IOTA in all social media accounts.

Our algorithm believes it's An Excellent time to invest in IOTA with confident score of 4.25 out of 5.

What is IOTA(MIOTA)?

IOTA is a distributed ledger for the Internet of Things. The first ledger with microtransactions without fees as well as secure data transfer. Quantum proof. IOTA is a ground breaking new open-source distributed ledger that does not use a blockchain. Its innovative new quantum-proof protocol, known as the Tangle, gives rise to unique new features like zero fees, infinite scalability, fast transactions, secure data transfer and many others. IOTA is initially focused on serving as the backbone of the Internet-of-Things (IoT). IOTA is a cryptocurrency that has no transaction fees and requires no miners in order to process transactions. It does, however, require some computational power to submit a transaction, making it perfect for machines to use as a currency and distributed communication protocol for the Internet of Things “IoT”. The main purpose of IOTA is to solve some of the major problems with Blockchain technology, the main one being that the bigger the Blockchain (such as Bitcoin), the slower, more expensive, and also more restricting it is to actually transfer funds. Another issue with the Blockchain is size, as more and more Blocks are added, the longer the Blockchain gets, and therefore the less amount of computers are able to mine it. Right now BTC is over 150GB long, and so is ETH. If this size increased tenfold, very few computers would be able to mine it at all. Making them relatively centralized (the top 2 Bitcoin mining pools own about 56% of hashing power).