MIOTA price started from as low as $0.24 in July of 2017 with severe monthly dips that plummeted to almost -40%. IOTA launched a year ahead of the famous crypto bull run that took place at the end of 2017, bringing all top cryptos to new high prices. Since the market of cryptocurrencies is yet to reach its maturity, radical and sudden price swings are commonplace. Just like many other cryptocurrencies, IOTA can see a higher level of volatility when compared to the traditional stock market. The price of Bitcoin (MIOTA) depends on numerous factors, including the value of Tangle and IOTA’s technology, partnerships, and integrations. We’ve gathered all the information you need to find out what affects IOTA price and what defines it. What are the specific factors that determine the price of MIOTA, and what is its true value? If you’ve ever wondered this, then you are in the right place. The value of IOTA lies primarily in its technology and grand, almost utopian scope. IOTA is known for its prominent partnerships, while Tangle is used in numerous innovative projects such as building smart cities and launching the first charging stations for electric vehicles that are payable with crypto. Although IOTA is a distributed ledger, its network (called Tangle) is not technically a blockchain. IOTA is the first project of its kind, designed for the Internet of Things and seamless integrations with other real-world technologies. In 2016, a team of like-minded developers from 25 countries worldwide introduced IOTA (MIOTA) and its innovative “blockless” architecture. And the lowest recorded MIOTA price is EUR. The market rank of Iota is based on a market capitalization of EUR. The price has changed by EUR in the past 24 hours on trading volume of EUR.
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