One of the best course of developments in the last trading week showed MIOTA/USD. Investors of IOTA can enjoy a fabulous rate increase of more than 14 per cent. Thus, the Altcoin listed for a long time, the strongest Trend. In the crypto-Ranking by market capitalisation IOTA can vorbeziehen in order to Dash and Compound, and is thus once again among the Top 25 crypto-currencies represent. Currently, IOTA takes a back seat 24. IOTA has a Market capitalization of currently 645,4 million dollars. The MIOTA/USD rate is quoted at 0,2323 dollars.

The most important facts to MIOTA/USD exchange rate development

We consider the most important facts about the course of development of MIOTA/USD in the past trading week:

  • The rate maximum in the past week was 0,2402 dollars on 5. July at 01:21 CET.
  • The course minium of the trading week, reaching MIOTA/USD on 29. June 16:21 CET in 0,2056 dollars.
  • The Course of the past week is 0,2229 dollars.

Thus, the MIOTA/USD moves in a course that is currently significantly above the weekly average. However, the technical resistance in the range of $ 0.24 was far too strong. So it came here at the trading today, a slight price correction of around 1.3 percent. Nevertheless, there are among the Top 25 crypto-currencies currently, hardly a Coin with such a strong Trend. It is better to Cardano (+23 percent), crypto.com Chain (+15 percent) and VeChain, with a stark increase of more than 60 percent are currently in.

Despite the current positive Phase of the MIOTA/USD is currently trading significantly below the year highs. This dated back to the 12. February 0,3344 dollars. Of this best brand in 2020, the Altcoin is still 43.5 percent. After all, investors were able to register since the Crash in March up to 0,1098 Dollar, a strong stock market recovery. MIOTA/USD rose by more than 112 percent and doubled its value to more than. In the total year 2020, a growth of more than 44 per cent.

IOTA Foundation launches test network

The positive Trend in the past few days is likely to, with a notice of 30. June hang together. So a goes from Blog post of the IOTA Foundation that IOTA has taken the first step on the way to IOTA 2.0. So it is users is now possible with the so-called Pollen-Release the first fully decentralized IOTA-test power download.

“Pollen marks the beginning of the world’s first truly decentralized, scalable, and free distributed the main paper, the promised IOTA since the first day. Pollen is the first Phase of the three-part Release strategy of IOTA, the loose in our coordinator, production-ready network peaks: IOTA 2.0. Pollen is able to test a fast-developing test network, the Community, researchers and engineers the concepts of IOTA 2.0 and validate“, it is of the IOTA Foundation.

What’s new in IOTA-users have come to expect in the individual, is in the Blog post, very detailed and described in detail. At the same time, the IOTA founder, Express in a Interview with Coinmarketcap Criticism of the market leaders Bitcoin and Ethereum: “This is not decentralisation. This is a Pseudo-Quasi-decentralization. In reality, there are only five or ten of the large operators controlling the entire network. This is Bitcoin. That is Ethereum. So you work, and you will always work that way. This is the only way that you can work with.“

Investors should keep in any case, as always, the courses daily in order to be able to in a timely manner to price changes.

The course information in the article is based on the crypto-currency chart from CoinMarketCap at the time of article publication.

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Image source: Photo from Tim Reckmann | a59.de

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Saurabh Singla
Saurabh Singla is a former Mechanical Engineer turned digital marketer. He has been in the digital marketing industry for over 6 years and has worked with clients across different sectors including FanFare, BitMachina, Bayslope amongst others. Saurabh is also an Author and has written over 30 websites for his clients including INC42, Yourstory etc. After founding CaphIQ in 2020, he is helping businesses and Personalities for their Personal Branding and online visibility.

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