IOTA Price Prediction 2022, 2025, 2030 and Beyond

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The IOTA price has bounced back in the past few days even as oth­er cryp­tocur­ren­cies remain under­wa­ter. MIOTA, its native coin, was trad­ing at $0.944, which was about 35% above the low­est lev­el this year. Will the bull­ish trend con­tin­ue or is it a dead cat bounce? Read our Iota price pre­dic­tion to learn more. 

What is IOTA?

IOTA stands for Inter­net of Things Appli­ca­tion and is one of the lead­ing plat­forms in the world. MIOTA has a mar­ket cap­i­tal­iza­tion of more than $2.5 bil­lion, mak­ing it the 53rd biggest cryp­tocur­ren­cy in the world. It sits between Heli­um and The Graph.

IOTA is not a blockchain project. Instead, it describes itself as a tan­gle project that helps orga­ni­za­tions solve some of their most dif­fi­cult chal­lenges like on sup­ply chain and cross-bor­der management. 

There is a dif­fer­ence between blockchain and tan­gle. In a blockchain, blocks of trans­ac­tions are con­firmed through dis­trib­uted ledger tech­nol­o­gy (DLT). Most cryp­tocur­ren­cies that you know about are all built using the blockchain technology.

Tan­gle, on the oth­er hand, is a process that uses a tech­nol­o­gy known as DAG, which stands for Direct Acrylic Graph. Tan­gle dif­fers from blockchain in that its trans­ac­tions are not gath­ered in blocks or orga­nized linearly. 

What does IOTA do?

IOTA sim­ply works with lead­ing orga­ni­za­tions to help them sim­pli­fy their process­es. For exam­ple, it has a part­ner­ship with Trade­mark East Africa, a non-gov­ern­men­tal orga­ni­za­tion that pro­motes cross-bor­der busi­ness in the region. Using its plat­form, the orga­ni­za­tion helps busi­ness­es to cut paper­work by more than 50%.

IOTA also aims to become a plat­form for devel­op­ers. In 2021, the IOTA price jumped when the net­work launched Shim­mer, which is a smart con­tract net­work. Its smart con­tract is a DLT plat­form that aims to become a faster and cheap­er alter­na­tive to exist­ing ones. It will achieve that by enabling par­al­lel smart con­tracts and by com­bin­ing blockchain smart con­tracts on L2 with advanced UTXO types on L1.

Still, for a long time, IOTA has been named as a ghost chain mean­ing that it has no major projects in its network.

IOTA latest news

IOTA’s net­work has not seen any major news after the announce­ment on Shim­mer that hap­pened in 2021. The most impor­tant announce­ment was that Ser­guei Popov had joined the network’s super­vi­so­ry board. Sergei was one of the founders of the IOTA Foun­da­tion and was pre­vi­ous­ly a mem­ber of the foundation’s board.

Anoth­er recent news on IOTA is that the devel­op­ers decid­ed to award a 1 mil­lion pound grant to Impe­r­i­al Col­lege. The grant will see the researchers at the insti­tu­tion find ways in which the DLT tech­nol­o­gy can help pro­mote the cir­cu­lar economy.

Anoth­er impor­tant IOTA news was that the devel­op­ers launched their first-ever com­mu­ni­ty vote in January.

IOTA market sentiment

One rea­son why the IOTA price has declined by more than 65% from its all-time high is that the mar­ket sen­ti­ment has been a bit weak late­ly. One way of know­ing this is to check the num­ber of peo­ple search­ing it on Google. As shown below, the num­ber of Google search­es for IOTA peaked in 2021 and have been in a down­ward trend since then.

IOTA SENTIMENT

Anoth­er way to gauge mar­ket sen­ti­ment for IOTA is to look at the vol­ume trad­ed. In Feb­ru­ary, the max­i­mum dai­ly vol­ume for the coin has been less than 50 mil­lion. In con­trast, at its peak in 2021 when MIOTA price was jump­ing, the aver­age vol­ume was more than 500 million.

IOTA price prediction 2022

To gauge where the MIOTA price will be in 2022, we will use the dai­ly chart to con­duct this tech­ni­cal analy­sis. On the dai­ly chart, we see that the coin has been under­wa­ter for a while. As a result, the coin is below the 50-day and 100-day mov­ing aver­ages, sig­nalling that the bears are still in control. 

There­fore, there is a like­li­hood that the coin’s price will con­tin­ue drop­ping as bears tar­get the key sup­port at $0.5700, which was the low­est lev­el in July last year. A break below that lev­el will see the coin’s price con­tin­ue falling, with the next tar­get being at $0.300.

This view is sup­port­ed by an analy­sis by Long Fore­cast. Their analy­sis pre­dicts that the IOTA price will keep drop­ping in 2022 and end the year at $0.57.

iota price prediction

IOTA price forecast 2025

Accord­ing to Long Fore­cast, IOTA price will have a few ups and downs between now and 2025. The esti­mate is that the price will end 2022 sig­nif­i­cant­ly low­er than where it is today. They also expect that it will have a good 2023 as its price ris­es above $1 in Octo­ber. It will stay above $1 until May 2024 and then start a bear­ish trend to $0.36 in Decem­ber 2025. You can check the IOTA price pre­dic­tion to 2025 below.

iota prediction 2025

IOTA price prediction 2030

Cryp­tocur­ren­cies are high­ly volatile assets, which makes it dif­fi­cult to pre­dict where they will be in a cer­tain peri­od. The sit­u­a­tion is much more dif­fi­cult when you are look­ing at a long-term hori­zon like 2030. Accord­ing to Coin Price Pre­dic­tion, IOTA will be trad­ing at about $4.4 by 2030. 

From a fun­da­men­tal per­spec­tive, a case can be made that the coin will be trad­ing at these lev­els. For one, ana­lysts expect that cryp­to adop­tion will con­tin­ue ris­ing as reg­u­la­tions get more clear. Fur­ther, most ana­lysts believe that Bit­coin prices will be much high­er by 2030. And since IOTA tends to track BTC, there is a pos­si­bil­i­ty that this will happen.

Is IOTA a good investment?

IOTA has been los­ing its lus­tre in the past few months. As a result, its rank among oth­er cryp­tocur­ren­cies has been drop­ping as investors embrace new­er coins like Solana and Avalanche. There­fore, from a fun­da­men­tal per­spec­tive, I don’t think that IOTA is a good investment.



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