In the recent updates in the cryptocurrency market, significant attention revolves around IOTA Coin. The coin has been integrated into multiple platforms including BitGo, expanding institutional access especially in the US. This integration boosts its credibility and accessibility, triggering a positive price prediction for the future.
More to the integration, the IOTA co-founder, Dominik Schiener, is planning a significant comeback in the crypto scene. Also, several investment platforms are providing easy steps to purchase IOTA, pointing to its demand.
Concurrently, a surge in the IOTA price is predicted after breaking out of a falling wedge, thanks to a 60% decline. The Africa Continental Free Trade Area (AfCFTA) is also applying IOTA to boost cross-border trading, an initiative that could revolutionize Africa's trade.
Due to its potential, the coin has garnered attention with its price rallying 90% before the launch of the mainnet, a new era for Web3 begins as IOTA's rebased mainnet goes live. Through this technology, IOTA transforms into a fully decentralized system, explaining its rise and the astronomical predictions of the coin doubling its price after the rebased upgrade.
At the core of these advancements is the launch of a $100 million entity in Abu Dhabi, aiming to establish a digital network. Reflecting on these developments, IOTA's price surged as a reaction to the positive sentiments evoked. As a result, IOTA overtakes Ripple in market cap as the surge continues pointing to a bullish outlook.
IOTA Coin News Analytics from Tue, 13 Jun 2017 15:07:54 GMT to Wed, 10 Dec 2025 13:32:19 GMT - Rating 7 - Innovation 8 - Information 8 - Rumor 2