IOTA Price Prediction: To Buy, to Trade, or to Get Rid Of?

One of the goals of the IOTA network is to improve Bitcoin’s functionality, but it’s actually much more than that. IOTA was created as a solution for the IoT (Internet of Things) ecosystem, and it is infiltrating into more industries and markets each year. The new innovative technology Tangle has boosted IOTA’s appeal to investors and traders. With all these latest developments, IOTA is considered one of the most promising projects for the near future.

Is the future really so bright? Or should investors anticipate a rocky ride? Read on to get the updated IOTA (MIOTA) price prediction for the next several years.

What Is IOTA (MIOTA)?

IOTA is the first distributed ledger that was made up exclusively for a data exchange network to link humans and machines. It handles and facilitates transactions in the IoT ecosystem. The term IoT stands for the Internet of Things, a huge network of devices and technologies. The ecosystem is also the home of Tangle, a new technology developed by IOTA. The basic idea behind it is a new transaction being confirmed by two previous ones through a PoW system to ensure high scalability, no fees, and near-instant transfers.

The launch of this new cryptocurrency was announced in October 2015 by its creators Sergey Ivancheglo, Serguei Popov, David Sønstebø, and Dominik Schiener. The main difference between IOTA and other cryptocurrencies is that while all other networks use blockchain technology, IOTA has its own system – Tangle. Moreover, IOTA is designed to offer endless scalability – the more IOTA users there are, the faster the transaction speed will be. IOTA is also the first digital currency with zero fees.

Factors That Affect IOTA’s Market Value

There are currently 2.78 billion IOTA tokens on the market, and the market cap is over $3 billion (based on the price-per-token multiplied by the number of tokens currently circulating). Of course, the market cap isn’t the only thing affecting the price and demand for IOTA.

There are numerous factors influencing crypto, so to make informed trading decisions, let’s take a look at a few of them.

IOTA Price Performance in the Past

Having an understanding of a coin’s historical performance is crucial for making the right future forecast. Let’s have a look at events and key points of the past.

Here are the most notable events in the IOTA’s past:

• In December 2017, IOTA became the fourth-largest cryptocurrency by market capitalization, thanks to its collaboration with Microsoft.
• IOTA showed a dramatic decline in February 2018 due to overall tendency in the cryptocurrency world. It cost less than $2 when in 2017, the price rose higher than $3.50.
• In the middle of 2018, IOTA skyrocketed thanks to partnerships with an IT company called DXC Technology and University College London.
• IOTA has been a target of cyberattacks many times, but the most serious one was at the end of 2019. The attacker compromised over 50 IOTA seeds and stole approximately 2 million USD worth in IOTA tokens. “First, their custom-made hash function was broken, and you could forge transactions. Now, they had to shut down their network because their wallet was hacked. This is insane because you should not be able to shut down a decentralized network.” – said cryptographer Mario Costa.
• The foundation was briefly shut at the beginning of 2020 due to the attack in 2019.

How Is IOTA Doing Now?

The price of IOTA has gone up partly thanks to the rise of Bitcoin price and the overall uptrend in the cryptocurrency market. Platforms providing smart contracts like Ethereum, Solana, and Cardano have been surging more than ever, and this seems to reflect on MIOTA’s price too. Another reason for IOTA’s recent boost is the rising popularity of IoT devices.

Short-Term IOTA (MIOTA) Price Prediction for 2021

There aren’t many sources that think that IOTA’s price will go further than the $2 line. The maximum expected price is set at around $2.3. Slight declines might affect the price until the end of the year, but they are unlikely to be too dramatic.

Prediction 1: Don’t Expect IOTA to Go Above $2.0

No significant changes are expected for the rest of the year. A slight decline in November might drive the coin price lower to $1.54, but it is expected to rise up to $1.62 at the end of the year.

Prediction 2: Almost $2.5

The Economy Forecast Agency and Trading Beasts don’t have any expectations for the price to go above $2.2. November might begin with about $1.40, and the year, in general, will possibly end with the IOTA price at approximately $1.80.

Prediction 3: More Than $2

According to Wallet Investor, the average price in November might be $1.28. The stable growth is predicted until the middle of December. The price is expected to reach $2.29 in the second half of December. The year might end with an average price of $2.23.

IOTA Price Prediction for 2022

IOTA price predictions are quite different for 2022. Some sources say it won’t reach even the $2 mark, some believe that by the end of the year, the $3 line might be crossed. It is hard to tell which outlook you should gravitate to, so, please, don’t take such predictions as a call to action. They may show you the possible future movements so that you can plan your own strategy.

Prediction 1: Still Below $2

As you can see, January is forecasted to begin with $1.29. The first price peak is to be reached in March – $1.49. After that, the price might go down to $1.05 and begin to climb up again and become 1.91 in September. After another downtrend and peak in November ($1.90), the price might go down again. 2022 is expected to finish with $1.74.

Prediction 2: Another Cautious Outlook

According to the team at Trading Beasts and their IOTA price predictions for 2022, the price might stay below $2.5. The year is predicted to start at $1.80. The price might remain more or less the same throughout the whole period until September. After that, there might be a slight decrease. The end of the year might leave us with $1.77.

Prediction 3: More Optimistic Prospects

IOTA price prediction by Wallet Investor is more positive. The year might begin with $2.25. From that point on, insignificant ups and downs might show on the price chart until May, when the price will possibly start a stable growth with an average price of $2.60.

Forecasters expect a downtrend at the beginning of July, which might take the price to $2.04. The cost of IOTA stock is expected to be around $2.1 until the end of November, which is when we see an uptrend. It is going to take the price up to $3.08 on the last day of 2022.

IOTA Price Forecast for 2023-2025

Some experts say that IOTA will grow up to the $5.0 mark and even beyond it. Others, however, are not so sure. It is quite hard to give an exact prediction for such a long timeframe.

Prediction 1: Unstable Positions

2023 might be marked with an uptrend that is going to take the price from $2.92 in January to $4.56 in July. A downtrend might follow right after and make the price drop to $2.64 (the closing price in December 2023).

January 2024 might make the price go further down till May ($2.07). After that, the price is predicted to rise till September with a small decline in August. Unfortunately, December 2023 might end with a humble result of $2.00.

2025 is unlikely to make IOTA holders happy as well. December 2025 might leave them with $0.55 per coin.

Prediction 2: Still Not a Very Promising Picture

The team of experts at Trading Beasts can show us the results only until the end of December 2024. Below is their month-by-month forecast.

Trading Beasts price prediction is not as pessimistic as the Economy Forecast Agency’s one, but still, it won’t make IOTA holders particularly excited. The year 2023 might begin with $1.76. Throughout the entire year, the average price might stay within $1.3-1.5.

2024 will possibly give the coin a humble start, with an average price of $1.77 in January. February might slightly light up the mood before another decline – from March to August, the price is likely to stay in the range between $1.3-$1.6. The last month of 2024 might leave us with $1.75 per coin.

Prediction 3: Crossing the $4 Line

Wallet Investor’s IOTA price prediction is the most optimistic so far. It says that 2023 will start on a high note – the average price on the first day of the year being at $3.03. It is possibly going to stay at relatively the same price point until April (between $2.7 and $3.0). That month is supposed to give IOTA a little boost – the price might go up to $3.4 in May, followed by a decline. The price might be around $2.8-$2.9 till the end of November – this is when the price is expected to go up again to $3.93 in December. The last day of 2023 might say farewell at the $3.87 mark.

The $4.0 line might be crossed in the middle of April after the series of uptrends and downtrends. However, the price might go back to $3.9 in the middle of May. Until the middle of October, the price is unlikely to move lower than $3.7. Another crossing of the $4.0 mark might happen at the end of November. The last day of 2024 might be marked with a price of $4.72.

During January and February, the price might be falling until it stops at $4.41. From the middle of February to the beginning of April, we see the price staying within the range of $4.5-$4.6 (except for a few days when it briefly drops to $4.4). At the end of April, IOTA might be worth more than $5.0. However, May and June might show a decline – down to $4.56 on the last day of June. July, August, September, and October might hold the price within the $4.5-$4.6 range. The last day of 2025 might bring us an impressive result of $5.56 per coin.

IOTA Price Prediction for 2030

The further in the future we go, the harder it gets to generate accurate IOTA price predictions. Some experts believe that IOTA will reach $30 and won’t stop here, but others are not so sure even about the $10 mark.

Prediction 1: Outstanding Results in 2029 And 2030

As you can see in the table above, rapid growth may happen in 2027-2030. IOTA price is predicted to skyrocket from $13.95 in 2027 to $42.77 in 2030. Let’s hope that dramatic decline won’t follow IOTA afterward.

Prediction 2: Realistic View of a Stable Growth

By the end of 2030, IOTA’s price might reach $5.29 – as you can tell, this IOTA price prediction is not as optimistic as the previous one. However, slow but steady growth is not a bad thing, even though there won’t be any shocking results.

IOTA Price Projections: How to Set Entry and Exit Points Correctly

IOTA is a highly volatile asset even for trading on big timeframes. Thus, you should apply both technical and fundamental analysis to catch correct price alerts.

Technical Tools to Use for IOTA Price Projections

Since the IOTA token requires multiple tools to predict the price direction, we suggest using the following indicators:

• MACD
• Awesome Oscillator
• Moving Average
• Stochastic Oscillator
• Bollinger Bands
• Pivot Points
• Parabolic SAR
• Volume
• Fibonacci Retracement

Long-Term IOTA Price Predictions by Experts

The Internet of Things might be one of the most significant technological advancements in recent years. With such a strong backup, how can the cryptocurrency that serves it fail?

As we can see from the IOTA predictions shown earlier, the future looks promising. The only thing experts don’t agree upon is the speed of the growth.

What to Do With IOTA – Trade or Invest?

This is a question nobody can answer for you. It’s always a good idea to go through lots of articles by leading experts, but don’t let anybody make a decision for you.

On the one hand, IOTA won’t show any brilliant results very quickly. If you are looking for a huge profit in the short term, consider other options as no cryptocurrency can guarantee it. You can, however, multiply your investment in the long run. On the other hand, there is a risk of losing everything because cryptocurrencies prices sometimes decline very sharply.

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Many traders can’t afford to spend hours and hours trying to navigate the crypto market. 3commas bot is there to provide the best service possible to those who value their time.

Here are things that make this bot the best choice for your trading journey:

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• You don’t have to be a pro to use the 3commas bot – the interface is beginner-friendly and understandable for people with limited knowledge or practice. That said, it’s also suitable for advanced traders as well.