IOTA MIOTA Price Back above $0.5
IOTA Price Back above $0.5
The positive momentum continues to affect all cryptocurrencies, even though the reasoning behind it remains rather unclear. As long as Bitcoin price remains in the green position, altcoins continue to thrive. The IOTA MIOTA price is noticed some very solid gains over the past few hours."IOTA MIOTA Price Back above $0.5"
It is rather interesting to see how all of these cryptomarkets are evolving as of right now. With the Bitcoin BTC price setting the tone for all altcoins to follow, it is evident there is plenty of excitement affecting the crypto industry as a whole. How long all of this price momentum will remain in place, is anybody’s guess at this point in time.
IOTA MIOTA price has risen by 7.44%
The IOTA MIOTA price confirms now is the time for altcoins to begin their new rally. After another extended period of setbacks, recovering some of those losses is direly needed. Over the past 24 hours, the IOTA MIOTA price has risen by 7.44%, pushing the USD value back above $0.54 for the first time in a while.
As one would come to expect from such a price increase, there is a positive development in the MIOTA/BTC ratio as well. Thanks to a nice 4,07% increase in favor of the altcoin, IOTA MIOTA is slowly making its way back to the five-digit Satoshi mark. For now, staying above 8,000 Satoshi is the first order of business.
Similar to most altcoins suffering from a decline in trading volume, IOTA fails to escape this negative spiral. The altcoin notes just under $32million in trading volume in the past 24 hours, which will probably not be sufficient to keep the current IOTA price momentum in place for an extended period of time. Even so, it is sufficient to keep speculators happy at this stage, although some profit gains taking will ensue sooner or later.
IOTA trading volume
Binance exchange continues to show the world why it is the largest cryptocurrency exchange in the world. Its IOTA trading volume against both USDT and BTC is adding up nicely, albeit it is separated by Bitfinex’s USD pair. OKEx’s USDT and BTC markets complete the top five. A good collection of exchanges and trading pairs, although it remains to be seen how these rankings evolve in the coming hours.'IOTA MIOTA Price Back above $0.5'
In the cryptocurrency world, there are never any guarantees of price predictions. For the IOTA price, any positive momentum materializing right now may very well turn into losses before the day is over. Even so, given the current excitement surrounding Bitcoin’s price, it seems unlikely altcoins will see any steep declines anytime soon.
IOTA MIOTA Price Back above $0.5
Reviewed by mir khaleq ali
on
August 26, 2018
Rating:
Reviewed by mir khaleq ali
on
August 26, 2018
Rating:
IOTA project combines innovation and good ideas. Since we are talking about IOTA price here are 5 Best IOTA Wallets
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