IOTA is a cryptocurrency that aims to create an Internet of Things (IoT) ecosystem, that is, a network of devices connected to the internet that can communicate and exchange data with each other. IOTA does not use a traditional blockchain, but an innovative system called Tangle, which consists of a network of nodes that confirm transactions. This system allows you to have:
- Free transactions: because they require a minimum amount of calculation and there are no miners who need to be rewarded.
- Unlimited scalability: because the more users participate in the network, the faster and more secure it becomes.
- Offline transactions: because nodes can send and receive data even when they are not connected to the main network.
- Interoperability: because IOTA can integrate with other platforms and protocols, such as Ethereum, Hyperledger or Corda.
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When will it reach 1 dollar?
The price of IOTA depends on many factors, such as supply and demand, news, events, technological advances, and competition. It is not possible to predict with certainty when IOTA will reach a certain value, but we can rely on some forecasts made by experts and analysts. The average price of IOTA in 2024 will be around 0.32 dollars, with a high of 0.40 dollars and a low of 0.16 dollars. So, according to this source, IOTA could reach 1 dollar by 2025
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When will it reach 10 dollars?
The average price of IOTA in 2025 will be around 0.37 dollars, with a maximum of 0.47 dollars and a low of 0.17 dollars. So, according to this source, IOTA could reach 10 dollars by 2027
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When will it reach 100 dollars?
Changelly does not provide forecasts beyond 2027, but we can assume that to reach 100 dollars, IOTA should have exponential growth and overcome many challenges, such as regulation, security, adoption and competition. At the moment, IOTA has a market capitalization of about 730 million dollars, so to reach 100 dollars per coin, it should reach a capitalization of about 460 billion dollars, equal to that of Bitcoin in 2020. This scenario seems very unlikely in the short and medium term, but not impossible in the long term, if IOTA can demonstrate its value and potential in the IoT sector
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When will it reach 1000 dollars?
To reach 1000 dollars per coin, IOTA should have a market capitalization of about 4.6 trillion dollars, equal to that of the entire cryptocurrency market in 2021. This scenario seems almost impossible, unless there is a technological and social revolution that leads IOTA to become the dominant currency in the IoT world and beyond. However, we cannot completely rule out this possibility, given that cryptocurrencies are a phenomenon in continuous evolution and innovation.
Is it considered a good investment?
IOTA is considered by many to be a good investment, because it has an ambitious vision and a unique technology that could revolutionize the world of IoT. IOTA also has the support of large companies and organizations, such as Microsoft, Huawei, Bosch, Volkswagen and the European Union. However, as with any investment, there are also risks and uncertainties, such as volatility, regulation, security, competition, and adoption. So before investing in IOTA, it’s important to do extensive research, weigh the pros and cons, and only invest what you can afford to lose
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Price forecasts from 2024 to 2030
To give you an idea of the possible changes in the price of IOTA in the coming years, I show you a table with the average, minimum and maximum forecasts made by Changelly, from 2024 to 2030. Keep in mind that these are only estimates based on technical analysis and do not guarantee the actual result
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Anno | Minimum price | Average price | Maximum price |
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2024 | €0.16 | €0.25 | €0.28 |
2025 | €0.17 | €0.37 | €0.47 |
2026 | €0.24 | €0.45 | €0.54 |
2027 | €0.31 | €0.54 | €0.65 |
2028 | €0.39 | €0.64 | €0.77 |
2029 | €0.48 | €0.75 | €0.90 |
2030 | €0.58 | €0.87 | €1.05 |