IOTA / Bitcoin

IOTA: bears overpowering, despite meaningful commercial progress

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IOTA's price has been up and down recently. There is short- and medium-term resistance which the token is facing, which needs a lot of bullish momentum to break.

IOTA is a digital currency and network which is designed for use with the Internet of Things (IoT). It is the ninth largest cryptocurrency, thus remaining at the center of discussions and speculations.

IOTA is the first cryptocurrency to use an altered blockchain known as "tangle" in which the transactions are verified by other people posting them instead of miners. It has better security and faster processing times.

IOTA has grown through partnerships with companies such as Bosch, Volkswagen, Fujitsu, and Microsoft. After its partnership with Microsoft, its digital currency, the IOTA token, also known as MIOTA received a significant boost. Despite competition from other crypto-companies, IOTA continued to address the critical real-world use cases including e-government, smart cities, and public transportation.

finstead.com/bite/IOTA-price-analysis-prediction-july-31-2018

Feragatname

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