Iota - Review 1st quarter 2018steemCreated with Sketch.

in #iota6 years ago
  • Iota market capitalization: 3.698 billion US dollars
  • Iota Exchange Rate: 1.05 to 1.33 US-Dollar [ March to April 2018]

The current negative trend in the crypto market is also affecting the relatively young crypto currency Iota. Since January 1, it has lost 61 percent in value. However, this development can be seen relatively: The website Cryptocurrency Market Capitalizations | CoinMarketCap (http://coinmarketcap.com) shows Iota only since the middle of last year, the exchange rate of Iota at that time was 0.64 US dollars. Investors who invested in Iota at the time can still look forward to a relevant increase in the value of their investment.

All in all, Iota also represents the general development of the market: the high flight shortly before the turn of the year is now followed by a negative trend. Nevertheless, it can be assumed that Iota has great medium- and long-term potential, which is also due to the "business model" of the Iota founders, who want to create a transaction basis for the Internet of Things with their crypto-ecosystem. Several Iota projects are currently being implemented in the Taiwanese capital Taipei. For example, the introduction of digital ID cards and their connection to other digital services based on Iota's Tangle Blockchain.

Forecast Iota 2018-2020 (theoretical)

If we assume in a theoretical prognosis that Iota is involved in 1 % of the expenditure for IOT that would be already 15 billion USD. The figure is USD 75 billion at 5% and USD 150 billion at 10%.

  • Market Cap 15 billion - Confirmed price: USD 5.50
  • Market Cap 75 billion - Theoretical price: USD 27.00
  • Market Cap 150 billion - Theoretical price: USD 55.00

Since the amount of existing Iota does not change, you can predict a theoretical price calculated from MarketCap / Circulating Supply. Of course this is a completely theoretical calculation, which should only serve to illustrate the potential of Iota.
Of course, nobody knows what the future will bring, how the economy and the entire crypto market will develop. In my opinion, Iota offers a radical and disruptive technical approach and therefore has immense potential. Whether an investment in Iota is something for you, only you can decide that on the basis of the available facts.

IOTA kaufen und investieren (http://bitcoin-generator.de/iota-kaufen-und-investieren)

Sort:  

WARNING! The comment below by @mujib leads to a known phishing site that could steal your account.
Do not open links from users you do not trust. Do not provide your private keys to any third party websites.

Try Our Service Befre Buy🎁

  • Exclusive 30 days free upvotes to your every new post.
  • Limited Time Offer
  • No need to send any kinds of steem or sbd its full free service.
    we have paid service too so please check them too. Active the free upvote service and learn more about it here : JOIN NOW CLICK HERE

Coin Marketplace

STEEM 0.16
TRX 0.15
JST 0.028
BTC 54349.85
ETH 2284.90
USDT 1.00
SBD 2.32