IOTA (MIOTA), a cryptocurrency formed to outperform
Bitcoin, has been amidst several notable developments. Experts have voiced some
security concerns but along with them, positive sentiment is also strong. Making a
40% rise after announcing a
$100M ecosystem foundation, IOTA's performance outshined the market with a
40% surge in 24 hours allowing it to cross $0.5 with 45% increase. After a period of volatility, IOTA introduces a sustainable
tokenomics model triggering an 8% rise and kickstarted
EVM targeting DeFi and real-world assets. The IOTA technology, known as
Tangle which enables secure, scalable, and feeless transaction settlement, has been a critical part of IOTA's value proposition. The
IOTA Rebased update had a mixed result; despite causing a mini death cross, it prepared the cryptocurrency for a big move. This crypto coin, also now Sharia compliant, successfully completed the
EU blockchain pre-commercial phase. Following a
governance vote and upgrade voting going live, IOTA surged over 45%. Targets are set for $1.5 as traders take a position for 2025. Among various predictions, IOTA is viewed as a potential future crypto winner. Binance has added IOTA, issuing a 'risk warning' tag. The launch of an
IOTA $100M Foundation in Abu Dhabi aims to facilitate DLT growth in the Middle East.
Web3 gaming is also a sector where IOTA Rebased is expected to have an impact with Gen Sol partnership. Finally, IOTA's layer 1 upgrade appears to be a major step promising 50K+ TPS and full decentralization.
IOTA Coin News Analytics from Sun, 06 Aug 2017 13:12:33 GMT to Thu, 13 Mar 2025 04:31:49 GMT -
Rating 7
- Innovation 9
- Rumor 7
