Rewind back to November of 2017 and you might have noticed a new kid on the block when it comes to crypto-currency. This newcomer was none other than a little coin called IOTA. It stands for the “Internet of things” coin. It has to do with transactions over the Internet of Things (i.e. all of the various wired devices that we use for various tasks in our lives).
This coin has latched on to the craze that has been Bitcoin, but it has its own unique set of followers as many are looking for the next great crypto-currency to come along and help make them rich. They know that it is essential to find a crypto-currency like this while it is still in its infant stages in order to make sure you can get the most growth out of it as possible.
General IOTA Predictions
IOTA is not likely to be as upward bound as many other crypto-currencies on the market. The simple fact is that while it rode the wave of excitement that was going on with Bitcoin, it has equally suffered as Bitcoin has with the decline of excitement about this particular currency. It has seen its own price decline dramatically in the time since this first of this year.
When the new year was rung in, the price of IOTA stood at $3.50 per coin. Today it trades around $1.19 per coin. That is a big drop in the first half of 2018 with perhaps more drop still to come. Current predictions set IOTA to be on a course to perhaps lose another ten percent through the remainder of this year.
- The general decline in prices
- Follows closely with Bitcoin
- Not as exciting as other currencies
IOTA Price Predictions For 2018
The sad news for those who are hoping for a good IOTA price prediction for the remainder of this year is that they are not likely to find one. That is to say that they will not get a good IOTA price prediction out of anyone who is being honest with them.
2018 is expected to continue to be a rough year for the IOTA price prediction. It has already fallen so much since January 1st that most think that it has just another ten percent or so left to drop, but that is still significant to anyone who is hoping to get in on the game at this stage.
IOTA price prediction models show an uneven 2018 with most of the decline having already occurred but with the likeliest outcome being that IOTA continues to fall.
IOTA Price Predictions For 2020
Those who are hoping for a recovery from these depressing 2018 figures for IOTA are going to be disappointed once again. It looks like at this point that IOTA is not going to fare much better when it gets to 2020.
The difference with 2020 compared to 2018 is that the currency is projected to have fallen so much that it will likely be range-bound at this point. Those who are able to find the bottoms in the currency may be able to turn some quick profits for themselves selling it when it gets back up into a higher range. They can take advantage of their knowledge that this currency is likely to be between some ranges throughout the year.
Declines and price ranges are two possible outcomes for 2020, but it is also possible that people grab on to this currency as others start to falter. The Internet of Things does seem as though it is something that is going to impact all of our lives for some time to come. Why not have a currency that represents that?
IOTA Price Predictions For 2025/2030
As we get towards these times into the future it is starting to look as though prices will go lower than they are today, but perhaps things will improve from where they were in years like 2020. It is not out of the range of possibilities that those who pick up some IOTA coin around 2020 could perhaps double their money or come close to it by 2025. The trend points to a more stable pricing situation for IOTA going forward.
Another possibility is that this currency falls off of the map entirely. We know that it is already at a low price and has suffered due to the fact that it rode the wave of Bitcoin and has taken a tumble just as Bitcoin has as well. One IOTA price prediction is that investors will get too nervous about holding this currency to make it last any longer than it already has.
Some people are holding out hope that the IOTA price prediction that is the most accurate is the one that shows the currency climbing through the roof. It is entirely possible but most are not projecting that this is likely to happen at this stage of the game.
IOTA Volatility Overview
There is still volatility in every crypto-currency that is on the market. IOTA may be a bit worse than some of the others in that people expect most of the volatility to go on the downside. It looks as though it is possible to see this currency just continue to drift into the category of being nearly worthless.
IOTA is one of those things that you do not want to put your money in unless you know that you could potentially lose everything that you put into it. It is a speculative investment that has the potential to lose value in a big way.
IOTA grabbed the hype that Bitcoin experienced during the height of the craze. There is nothing particularly wrong with that as many products attempt to do the exact same thing if they have half a chance to do so. The thing that is different about IOTA is that it largely has a downward trajectory projected into the future. You should approach it with extreme caution.
More Cryptocurrency Predictions: