Today, everyone in the cryptocurrency industry knows that IOTA is highly interested in the IOT market. From one project to the other, the IOTA Foundation has proven to be fully involved in driving the adoption of cryptocurrencies around the world. Many big companies have entered into partnership with IOTA in a bid to leverage its resources and promote the adoption of decentralized technology. The fact that it’s is industry-focused and IOT-focused makes it a worthy contender in the industry and particularly in Germany.
IOTA Is Taking The Lead In Germany
It’s true that China is involved in the IoT market, however, Germany is the main cradle for the Internet of Things. Germany houses the largest hi-tech companies in the industry from companies involved in advanced robotics to companies involved in mobility. IOTA has been working hard to win these companies over. IOTA has entered into strategic partnerships with the biggest companies in Germany. You’ll recall that the IOTA Foundation announced its partnership with the Germany-based company, Volkswagen, not too long ago. When IOTA takes over the whole of Germany, it will no doubt become the standard for the Internet of Things.
IOTA (MIOTA) Price Today – MIOTA / USD
IOTA isn’t just gaining the interest of multinational companies in Germany, it has also gained the interest of the German government. A lack of regulatory clarity has always been a problem in the cryptocurrency space. However, the German government has created policies that are in strong support for IOTA and IOTA Foundation. In November, key figures in the IOTA Foundation will make a presentation alongside the German Chancellor. This is one of the evidence to support that the German government is truly working in favor of IOTA.
IOTA (MIOTA) Price Analysis
IOTA (MIOTA) appears to be trading in green. At the time of writing, one unit of IOTA (MIOTA) sold for $0.581198. This indicates a 2.48% rise against the USD and a 1.33% against Bitcoin. The trading volume within a 24 hour period is $29,373,580 while the market capitalization is $1,615,457,554. This is according to the details on CoinMarketCap.