IOTA (MIOTA) is one of the most active cryptocurrencies in the industry. IOTA is designed to provide infrastructure to enable transactions on devices on the Internet of Things (IoT). It is a unique digital currency compared to its peers and has a promising future. It is considered as a long-term investment option by many investors. It can be looked at as profitable investment option with good returns, according to the trade patterns of the current year. The digital currency displayed a growth of over 12,500 percent in its value last year.Source
IOTA exhibits a downward slide today in its prices.The day started at $0.969 with a market cap of $.26 billion. The trading volume was estimated at $38 million. Since then it has declined and is currently trading at $0.923 with a market cap of $2.5 billion. The key resistance level was traced at $0.969. The prices has dipped down by 6.92% over the past 24 hours. The digital currency is struggling to recover in the present bearish market
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