IOTA Price Prediction 2024 – Will MIOTA Pull It Off To $1?

With the bulls taking over the market, altcoins are once again regaining the uptrend, teasing a sharp jump in the coming months. Amidst such high-potential altcoins, the IOTA price is probably ready to become one of the top performers.

IOTA’s primary objective is to employ the Internet of Things to facilitate transactions among gadgets connected via the Internet. It uses distributed ledger systems to develop unrestricted bandwidth at a low cost.

Are you a prospective buyer of this cryptocurrency? Then you would be probably curious about the IOTA future market valuation. Wait no more as we will unfold the complete price prediction over the length of this article. Let’s straight dive in! 

Overview

Cryptocurrency IOTA
Token IOTA
Price $ 0.35500818 2.79%
Market cap $ 1,132,912,703.9003
Circulating Supply 3,191,229,882.0000
Trading Volume $ 34,045,973.1297
All-time high
All-time low
24 High $ 0.3626
24 Low $ 0.3387

*The statistics are from press time. 

MIOTA Price Prediction For 2024

Because of its excellency in the advent of the Internet of Things. IOTA has put itself at the heart of distributed ledger technology. The team believes that their distributed ledger could empower anyone to have an online identity.

 It culminates in automobile insurance plans based on real-world applications. Paving the road toward top-notch smart cities, facilitating effortless global trade, and establishing product authenticity.

Knocking down on the unique virtues of IOTA, it is anticipated to trade at an upper limit of $1.2958. Successively, the lower and regular limits could occur at $0.6771 and $0.9113

IOTA (MIOTA) Price Prediction For 2025

A global data market, which offers storage and sale of streaming data set again while hiding the meaning of the information, is among the project’s latest events. It was a significant boost for token trading.

If more and more traders continue to buy IOTA, transaction speed will become even speedier. Hence, it could turn the grounds for cryptocurrency. 

Therefore, the price of crypto is expected to decline to $1.0285 in 2025. Meanwhile, the maximum price is forecasted to be $1.9846. The cost of selling will indeed be roughly $1.4117 on average.

IOTA Price Prediction 2026-2030

Year Potential Low Average Price Potential High
2026 $1.5089 $2.1094 $2.9340
2027 $2.2137 $3.1518 $4.3377
2028 $3.2476 $4.7094 $6.4129
2029 $4.7645 $7.0367 $9.4809
2030 $6.9899 $10.5143 $14.0166
  • IOTA Price Prediction 2026: The potential price for the asset ranges from $1.5089 to $2.9340, with an average price of $2.1094.
  • IOTA Price Prediction 2027: The projected prices vary between $2.2137 and $4.3377, with an average of $3.1518.
  • IOTA Price Prediction 2028: Estimates suggest prices fluctuate between $3.2476 and $6.4129, with an average of $4.7094.
  • IOTA Price Prediction 2029: Anticipated prices range from $4.7645 to $9.4809, with an average price of $7.0367.
  • IOTA Price Prediction 2030: Projections indicate prices ranging from $6.9899 to $14.0166, with an average of $10.5143.

What Does The Market Say?

Source Price Prediction 2024 (High) Price Prediction 2025 (High)
Wallet Investor $1.476 $2.456
Trading Beasts $0.5313 $0.5051
Priceprediction.net $0.43 $1.39
Long Forecast $0.33 $0.67

Click here to read our price forecast of Flow (FLOW)!

What Is IOTA?

IOTA is a decentralized public ledger that does not rely on a prominent blockchain framework. Instead, it employs a directed acyclic graph (DAG) technology. Tangle is a structure of networks that IOTA uses to verify payment transactions. 

The IOTA project was founded back in the year 2016. The IOTA protocol aims to execute micro-transactions among IoT devices in the coming future. This system so far has exhibited a wide range of real-world implementations, including smart energy, eHealth, smart cities, supply chains, etc. 

IOTA is a decentralized public ledger that does not rely on a prominent blockchain framework. Instead, it employs a directed acyclic graph (DAG) technology. IOTA uses a structure of networks called “Tangle” to verify payment transactions. The IOTA project was founded back in the year 2015 by Sergey Ivancheglo, Serguei Popov, David Snsteb, and Dominik Schiener.
 
The firm cites that IOTA offers faster transactions than conventional blockchain-based protocols. Since there is no blockchain, there are no costs that are incurred. However, IOTA still employs the Proof-of-Work consensus mechanism to secure the network. MIOTA is the native asset of the protocol, and is also employed in network operations. and is expected to serve the applications that are in the pipeline.
 
IOTA aims to emerge as the de facto protocol for the execution of transactions between IoT devices. This is aimed at offering limitless throughput at negligible expense. Successively, the system so far has exhibited a wide range of real-world implementations, including smart energy, eHealth, smart cities, supply chains, etc.

Fundamental Analysis

IOTA is a terrific protocol for DeFi systems. The feeless payment infrastructure of IOTA is another one of those features, which implies that any exchanges, smart contracts, trades, or operations completed upon that system are entirely free to conduct payments on the protocol level.

However, the team behind IOTA convicts that the use cases for the technology do not stop there. They think that this distributed ledger will allow everyone to have an online identity, ending in auto insurance plans based on real-world usage, paving the way for cutting-edge digital infrastructure, offering smooth global trade, and ensuring product realism.

One factor to bear in mind with IOTA is that this is still a wholly centralized project with no set deadline for the coordinator’s withdrawal. 

Furthermore, the corporation states that the coordinator will be removed in future upgrades, and the project will then adhere to solid principles.

Coinpedia’s IOTA Price Prediction

The price of IOTA may rise if the firm continues to partner with new organizations and focus on its future updates. The lowest price of IOTA in 2024, as per the fundamental analysis of IOTA values, will be $0.6771. The cost of IOTA can rise to a maximum price margin of $1.2958.

Historical Price Analysis

2017

  • IOTA tokens first emerged in the market in June 2017 at a value of $0.53, but it plummeted to $0.1587 on July 14th.
  • MIOTA’s market value dropped to $0.3501 on November 4th.
  • As Microsoft got engaged in this initiative, the price of IOTA soared by 44 percent, reaching an all-time high of $5.69 in December.

2018

  • The value of IOTA progressively dropped in 2018. It hit a low of $0.9354 on April 5.
  • The price went up in the days that followed, topping $2.5977 on May 2nd.
  • However, IOTA’s market price dropped again, hitting a low of $0.444 on August 14th.
  • It didn’t break $1 again for the rest of the year, finishing at $0.3692.

2019

  • 2019 was a bland year for IOTA, as its price did not project major swings
  • After ranging in a narrow range for the initial months, on May 29th, the IOTA price gained the $0.573 mark.
  • MIOTA’s price was seen consolidating until the 10th of July, following which it took the path of the bears.
  • IOTA concluded 2019 with a cost of $0.1611.

2020

  • The value of MIOTA peaked to $0.34 in February, but it hit an all-time low of $0.07962 on the 13th of March.
  • However, IOTA managed to climb to $0.4 in August, as the spike was short-lived it slipped down to $0.2319 by the 23rd of September.
  • MIOTA concluded the year’s trade at $0.2913.

2021

  • The cryptocurrency started to evolve from being positive to bearish during the start of the year.
  • Consequently, the value of IOTA (MIOTA) dropped sharply to $1.5$2. It was selling for $1.4863 on February 18.
  • Later on April 15th, MIOTA was back on the right track, reaching $2.5322. The value of MIOTA ranged around $0.60 and $1.20 over the next three months.
  • On September 3rd, this coin had broader implications of revival, reaching $1.9916.
  • The IOTA price ranged between $1.00 and $1.60 again for 2021. It concluded the year with a value of $1.4119.

To read our price prediction for Internet Computer (ICP) click here!

FAQs

Is IOTA Ethereum based?

No, IOTA is not like most public blockchains such as Ethereum: this one was built on a unique system called Tangle.

Is IOTA a good investment?

IOTA is a moderately risky investment, so it’s better to do a preliminary analysis and then decide to invest n this project.

Where can I buy MIOTA?

MIOTA is available for trade across prominent cryptocurrency exchange firms such as Binance, Bitfinex, and OKEx amongst others. 

What will the maximum price of the altcoin be by the end of 2025?

MIOTA’s price might chug up to a maximum of $1.9846 by the end of 2025.

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