Last year was indeed a great year for a lot of digital currencies, including MIOTA. The digital currency experienced a growth of over 12,500 percent in its value.
Although it’s almost impossible to predict the future of a digital currency, some predictions will give you an insight of what to expect. In this article are some long-term and short-term price prediction of IOTA.
What You Should Know about IOTA
Iota is a digital currency that was designed for IoT (Internet of Things), and it was launched back in 2015. Smart home devices, like Google Assistant and Amazon Echo, are an example of IoT. This digital currency is quite unique when compared to other digital currencies such as Ethereum and bitcoin, and it is one of the most promising coins in the market.
IOTA (MIOTA) Price Prediction for 2018
As you may know, the digital currency market is highly volatile, and you can see significant changes in a matter of minutes, and this makes it very unpredictable. Nevertheless, there are lots of factors that influence the value of a digital currency.
Walletinvestor.com has given a one-year price prediction of the coin, and it predicted that the value of the coin will get to about $3.865 in twelve months.
There are some experts in the industry whose opinions can have a severe impact on the values of digital currencies. John McAfee is one of those industry experts. Unfortunately, IOTA is not one of the favorite coins of John, especially after the news of their partnership with Microsoft.
While he didn’t give an exact price prediction of the digital currency, he said that the growth of the digital currency will be very slow, and it would only see an increase of about 10 percent per year.
Vitalik Buterin has also been criticizing the coin due to the fact that it uses Tangle rather than blockchain.