On the contrary, if the amount of IOTA coins existing in the market is more than the actual supply, then the IOTA price will go down. If the demand for cryptocurrency exceeds the amount available for supply, then the price increases. The cryptocurrencies which are relatively new in the market are highly influenced by market manipulation and the bidding patterns of the investors. Just like every other asset that is sold worldwide, the price determination dependent on supply and demand, also crypto prices are determined by using the supply and demand relationship. The table below shows the historical price of IOTA for the past week. At March 10th the IOTA tangle was successfully restarted. Immediately after that IOTA stopped all transactions for over a month. At the start of the year IOTA experienced that there was suspicious activity with the IOTA Trinity wallet. 2020 was not a very good beginning for IOTA. Recently, IOTA has introduced its first decentralized TestNet for IOTA 2.0, named as Pollen. Some other companies which started using IOTA in 2020 include Biota E.V., NKT AS and VENOC. Moving ahead, IOTA continued its partnership streak and joined hands with Trademark East Africa in 2020 to help ease trade in African countries. In 2019, IOTA became partners with yet another automobile company Jaguar for its Land Rover along with signing MOU with Engie Lab Crigen. In 2018, IOTA also joined hands with some other big companies like BOSCH, Audi, and Fujitsu. After that, IOTA became partners with two famous automobile companies Volkswagen and Ford. The project joined hands with Microsoft in November 2017, when it launched its first public data marketplace using distributed ledgers. IOTA has gained interest from many world-renowned companies like Microsoft, Volkswagen and BOSCH. But, since then, the price started declining and became somewhat constant at around 0.45 USD. Another increase in price was observed in April 2018. However, the start of 2018 brings a decrease in IOTA’s price yet again. Soon in December 2017, the highest price for IOTA was observed because of increased interest by big companies like UC Berkeley and Refunite. After that, the price gradually decreased in November 2017. The first significant increase in the price was observed in August 2017. The history of IOTA trading and its price fluctuation has been turbulent, experiencing many ups and downs. This is due to the provisioning of the values by two different suppliers. To switch between EUR and USD you have to click on them.ĭisclaimer: It is to be noted here that the prices given above for IOTA may vary by a few euros or dollars. The market capitalization value and the total amount of IOTA coins are also presented in the same table. Furthermore, the other things presented in the table include the highest price, the lowest price, and market volume for the past 24 hours. The values are presented both in euros and dollars. The information provided below this text enables the users to have a thorough insight into the performance of IOTA during the past 24 hours, for the last seven days and even for the past month. The chart also provides the current conversion rate of IOTA in euros, provided at the bottom of the chart. It means that even at weekends when all big companies are in an idle stage, crypto trading is still ongoing.įurthermore, the chart given above also has the option to display the value of IOTA for different time durations like seven days ( 7D), thirty days ( 30D), for an entire year since its start ( YTD) and since the first listing ( ALL, stand for all time). Just like all other cryptocurrencies, IOTA is also traded throughout the year without any break. The usually followed business hours are from 9 AM to 5.30 PM. Unlike traditional stock markets, which are traded during fixed hours during weekdays. Just like Bitcoin, Ethereum, and other cryptocurrencies, IOTA can also be traded throughout the day round the clock. One can notice the current IOTA value by looking at the top left corner of the chart. The values are displayed for 24 hours because crypto never stops trading throughout the day. In the widget displayed above, the overall performance of the IOTA coin can be observed for the last 24 hours in an interactive chart. Sorry, this Bitvavo widget is not supported by your browser.
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