IOTA Continues its Strong Performance
IOTA Continues its Strong Performance
IOTA keeps its strong performance, which has allowed it to more than double its price over the last 9 days. The virtual coin has a slow begin of today’s session, however, it has picked up a few momentum in greater recent trading.
IOTA rose to a near 3-month high of $0.893 on Thursday, before pulling again to a close of $0.823. The 7th-biggest coin in the marketplace spent a massive part of today’s early buying and selling within the red, however eventually managed to show the tide and get better from an intraday low of $0.731. The IOTA price is presently soaring around $0.83, consistent with information from cryptocurrency tracker Coinmarketcap.
similarly to the recent price gains, IOTA has visible a significant increase in marketplace activity over the last couple of days. yesterday the coin’s daily trading volume surpassed $100 million for the first time, an impressive success given that IOTA is currently supported only via two main exchanges – Hong Kong’s Bitfinex and the Shanghai-based Binance platform.
IOTA’s 24-hour buying and selling volume currently stand at $130 million, which indicates that marketplace interest has remained strong at some stage in the day. Bitfinex accounts for 88.3% of that volume, while Binance, which best delivered IOTA to its platform at the stop of September, captures more 1.7%.
In today’s buying and selling, the IOTA rate stood at $0.819, as of 16:12 GMT. The coin has gained 2.6% in the beyond 24 hours and its general market capitalization currently stands at $2.2 billion.
IOTA Continues its Strong Performance
Reviewed by mir khaleq ali
on
November 20, 2017
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