IOTA Price Prediction: Is Iota Crypto a Good Investment?

November 7, 2024

Price Prediction

Ana Rojas

Iota (IOTA) is a cryptocurrency and decentralized network that aims to address some of the biggest challenges facing traditional blockchain technologies. It’s built on a unique data structure called the Tangle, a form of Directed Acyclic Graph (DAG), rather than the typical blockchain. This fundamental design difference allows IOTA to provide a more scalable, efficient, and feeless platform for transactions, making it especially well-suited for the Internet of Things (IoT) and other Machine-to-Machine (M2M) interactions. Can IOTA become a prominent player in the field of crypto? Discover the long-term Iota price prediction in StealthEX’s latest article.

Iota (IOTA) Overview

In the rapidly evolving world of blockchain and Distributed Ledger Technologies (DLTs), IOTA stands out as an innovative force with its unique approach to scalability, transaction efficiency, and decentralization. Unlike traditional blockchain systems that rely on blocks and miners to verify transactions, IOTA introduces a groundbreaking architecture called the Tangle, a Directed Acyclic Graph that eliminates many of the limitations inherent in blockchain networks. This design enables feeless transactions, higher scalability, and greater energy efficiency, positioning IOTA as a key player in the future of the Internet of Things, smart cities, and beyond.

With the potential to power a new era of secure, fast, and scalable digital economies, IOTA has garnered significant attention from developers, businesses, and investors alike. In this article, we’ll delve into how IOTA works, its core features, and the transformative potential it holds in a world that increasingly depends on seamless, real-time data exchange and decentralized networks.

IOTA was founded by David Sønstebø, Sergey Ivancheglo, Dominik Schiener, and Thomas J. W. G. Hämmerle in 2015. These four co-founders, coming from diverse backgrounds in technology, finance, and entrepreneurship, aimed to create a cryptocurrency that could overcome the scalability issues faced by existing blockchain-based systems.

Iota Features

Iota offers several features within the crypto space:

1. Unique data structure. Unlike traditional blockchain, Iota uses the Tangle, a DAG, to store transaction data. This structure enables multiple transactions to occur in parallel, eliminating the need for miners and allowing for greater scalability and efficiency.
2. No transaction fees. One of the most attractive features of Iota is its ability to facilitate feeless transactions. Since there are no miners or block rewards, users don’t need to pay a fee to validate transactions. This makes Iota highly suitable for microtransactions, a key requirement for IoT devices.
3. Scalability. Iota’s Tangle becomes more efficient with increased network activity. As more people use the network, the validation process becomes quicker and more decentralized. This stands in stark contrast to many blockchain systems, where network congestion can lead to higher fees and slower transactions.
4. Transaction speed. Since each transaction validates two others, the Iota network can scale linearly as more participants join, improving transaction throughput over time.
5. The absence of miners. Iota operates without miners, which is a departure from traditional cryptocurrencies like Bitcoin and Ethereum. Instead of miners securing the network and validating transactions, users validate transactions themselves as part of the process of sending their own transactions. This reduces centralization and the need for energy-intensive Proof-of-Work consensus mechanisms.
6. IoT compatibility. Iota is specifically built to support IoT ecosystems, where millions (or even billions) of devices need to communicate and transact with each other in a seamless and secure manner. Its feeless, fast, and scalable transaction system makes it ideal for machine-to-machine (M2M) communication, smart devices, and autonomous systems.
7. Immutable ledger. Just like traditional blockchains, Iota provides an immutable ledger that ensures transaction history cannot be altered once recorded. This guarantees data integrity for IoT applications where trust is critical.
8. Interoperability. Iota is designed with interoperability in mind, meaning it can easily interact with other blockchain networks. This enables the transfer of assets and data between Iota and other networks (like Ethereum or Bitcoin), expanding the utility of Iota within the broader cryptocurrency ecosystem.

Iota (IOTA) Price Chart    

CoinMarketCap, November 7, 2024

Iota (IOTA) Price History Highlights 

• 2015: IOTA was founded in 2015, and its initial token distribution was conducted through a crowdsale rather than a traditional Initial Coin Offering (ICO). During its early days, IOTA’s price was very low, primarily attracting early supporters and enthusiasts in the cryptocurrency space. In 2015, IOTA was priced below $0.01, and the network was still in its nascent stage, with the focus primarily on the technology rather than market performance.
• 2016-2017: Throughout 2016 the market for Iota remained uneventful. As it began gaining attention for its innovative Tangle architecture, its price saw a gradual increase throughout 2017. By mid-2017, IOTA’s price had reached around $0.4 – $0.6, with a steady increase in adoption and use cases for IoT applications. The most significant price surge in IOTA’s history occurred in late 2017 when the cryptocurrency market as a whole experienced a massive bull run. IOTA reached its all-time high of $5.25 on December 19, 2017.
• 2018: By early 2018, the price had dropped significantly, reaching around $1 by January 2018. The price continued to decline over the following months. By late 2018, IOTA’s price had fallen below $0.5, with periods of volatility as the project continued to evolve and new developments were made.
• 2019: In 2019, IOTA worked on several technical improvements and milestones, including the development of the Chrysalis upgrade, designed to improve network efficiency and scalability. However, the market continued to experience volatility, with IOTA’s price hovering in the $0.2 – $0.5 range.
• 2020: The IOTA price remained relatively flat throughout 2020, with occasional upward movement, but not yet back to its previous highs. IOTA reached around $0.25 – $0.3 during this period, as the market showed some signs of recovery after the COVID-19-induced downturn, but the project still faced significant competition and skepticism about its technology.
• 2021: As cryptocurrencies regained momentum in 2021, IOTA benefited from the renewed interest in blockchain technology. With the market growing, IOTA saw a price increase. By April 2021, IOTA’s price reached a high of approximately $2.6 — a significant recovery from its 2018 lows but still a long way from its 2017 peak.
• 2022: Throughout 2022, IOTA’s price fluctuated in the $0.8 to $1.5 range, with some volatility due to market dynamics and continued development efforts.
• 2023: As of 2023, IOTA has focused on its ongoing network upgrades, particularly the move toward full decentralization and the transition to IOTA 2.0, which will remove the need for a central coordinator. The price of IOTA during 2023 has largely remained under $1, fluctuating between $0.3 and $0.7.
• 2024: The recent crypto market spike in March has seen IOTA reach $0.3. Generally, its price throughout the whole year remained relatively low. At the moment, it hovers around $0.1.

Iota Price Prediction 2025, 2026, 2030-2040

Iota Coin Price Prediction 2024

DigitalCoinPrice experts expect that at the end of 2024 IOTA coin can hit a maximum of $0.24 (+122%), while at its lowest point, its price can sink to $0.0965 (-10%).

PricePrediction analysts think that in 2024, Iota coin’s minimum price can drop to $0.1632 (-51%), while at its maximum IOTA will rise to $0.1787 (+65%).

Telegaon believes that the minimum lowest price IOTA can hit at the end of 2024 will be $0.28 (+159%) vs its maximum price of $0.84 (+678%).

Iota Price Prediction 2025

Based on the predictions of experts at DigitalCoinPrice, in 2025, IOTA’s price might reach $0.28 (+159%) per coin at its highest point, while its lowest price might drop to $0.23 (+113%).

According to PricePrediction, in 2025 IOTA crypto can hit $0.2898 (+168%) at its maximum while it can drop to $0.2537 (+135%) at its lowest point.

Telegaon analysts are bullish on IOTA: they believe that in 2025 Iota is going to drop in price to its lowest point of $0.94 (+771%), while at its highest point, it can rise to $1.5 (+1,290%).

Iota (IOTA) Price Prediction 2026

DigitalCoinPrice experts think that in 2026, Iota can hit $0.38 (+252%) per coin at its highest point. At its lowest point, it might drop to $0.32 (+196%).

PricePrediction experts state that in 2026 Iota can hit $0.3682 (+241%) at its peak while at its lowest point, it can also drop to $0.4334 (+301%) per coin.

According to Telegaon, in 2026 IOTA coin will go as low as $2.72 (+2,420%), while at its highest point, it can reach $3.37 (+3,023%).

IOTA Price Prediction 2030

DigitalCoinPrice analysts expect that by 2030, IOTA coin can hit its maximum price level of $0.8 (+641%), while at its low it can sink to a minimum of $0.73 (+576%).

According to PricePrediction, by 2030 the IOTA coin can drop to $1.52 (+1,308%) at its lowest point, while at its highest point, it’s going to rise to $1.8 (+1,568%).

Telegaon experts also believe that Iota has a future: according to them, in 2030 IOTA can hit a maximum price of $7.81 (+7,138%) per coin, while at its bottom it can go to $5.56 (+5,052%).

Iota Crypto Price Prediction 2040

PricePrediction believes that by 2040, IOTA crypto’s minimum price will sink to $83.59 (+77,369%), while at its peak it will go beyond $100 to reach $102.73 (+95,108%) per coin.

Telegaon crypto analysts think that in 2040 Iota will reach far less success: $18.24 (+16,804%) at its peak vs a minimum of $25.17 (+23,227%).

Iota (IOTA) Price Prediction: What Do Experts Say?

IOTA 2.0 is one of the most highly anticipated upgrades for the network. This upgrade will remove the Coordinator, making Iota fully decentralized and improving scalability and security. If the transition is smooth, it could increase investor confidence, leading to higher demand for IOTA coins and a potential price increase. Any positive developments or announcements regarding IOTA 2.0 in late 2024 could push the price higher as traders and investors speculate on the long-term benefits.

Moreover, Iota’s primary value proposition is its ability to support feeless transactions and scalability, which is crucial for IoT applications. As the world increasingly adopts IoT technologies, particularly in areas like autonomous vehicles, supply chain, smart cities, and machine-to-machine transactions, demand for IOTA could increase.

As Iota’s potential seems strong and the IoT keeps developing, many crypto analysts, such as CoinPedia CoinMarketCap, believe that in 2030 Iota will hit a maximum of $3.01.

IOTA USDT Price Technical Analysis     

Tradingview, November 7, 2024

Now that we’ve seen possible price predictions for Iota, let’s find out a bit more about the factors that can influence its price.

What Does the Iota Price Depend On?

In addition to the market interest, supply and demand, IOTA can capitalize on its technology. It uses a unique Tangle technology instead of traditional blockchain. How well the network scales, whether it can achieve mainstream adoption, and its use in industries like IoT are major factors. Any news or progress on partnerships, collaborations, or innovations that demonstrate Iota’s practical utility could lead to price changes.

As with most cryptocurrencies, the price of Iota can be heavily influenced by market sentiment. Positive sentiment could arise from social media trends, prominent investors talking about Iota, or general bullishness in the broader crypto market.

To add to this, Iota has partnered with several companies and institutions, particularly in sectors like automotive (for instance, Jaguar Land Rover), supply chain management, and smart cities. These partnerships may boost investor confidence, leading to price increases.

When assessing Iota as an investment, keep the following considerations in mind:

• Supply and demand;
• Partnerships and collaborations;
• Market sentiment;
• Adoption and use cases;
• Regulatory environment;
• Macroeconomic factors;
• Market trends;
• Adoption;
• Exchange listings;
• Competition;
• Technological advancements.

Risks and Opportunities

First of all, one of Iota’s key selling points is its ability to scale without the transaction fees that burden traditional blockchain systems. Iota’s Tangle design allows for parallel processing of transactions, which theoretically enables it to handle a vast number of microtransactions at a low cost. Another factor that the network benefits from is its innovative technology. Iota has positioned itself as a leader in IoT applications, where devices need to communicate and transact autonomously with minimal human intervention. Its feeless and scalable network makes it particularly suitable for these use cases.

On the downside, it’s well-known that Iota uses a unique structure called the Tangle, which is a Directed Acyclic Graph rather than a traditional blockchain. While this structure offers potential scalability and zero transaction fees, it is still unproven at a large scale, and its long-term sustainability and security are uncertain. Iota previously used a ‘Coordinator’ node to secure the network and prevent double-spending attacks, but this was a centralizing feature, contradicting the ethos of decentralization in crypto. The ongoing shift to IOTA 2.0, which removes the Coordinator node and fully decentralizes the network, is a key opportunity for Iota. This transition could allow Iota to become more secure and decentralized, improving its credibility and appealing to a wider audience.

It is true that Iota has experienced security incidents in the past, including issues with its cryptographic hash function and the temporary shutdown of its network. While these issues have been addressed in updates, past security failures could deter new users or investors. In conclusion, any crypto asset is highly volatile, and IOTA is no exception. It might be a great asset for an investor with a high-risk tolerance.

Is IOTA Crypto a Good Investment?

IOTA presents both risks and opportunities. While the project has an innovative and unique approach with its Tangle technology and focus on IoT and data marketplaces, there are significant technical, adoption, and regulatory risks to consider.

Will IOTA Reach $10?

While it’s not possible to predict with certainty whether IOTA will reach $10, several key factors could push its price upward, including successful technological upgrades, broader adoption, strong enterprise partnerships, and favorable market conditions. However, IOTA’s price potential will likely face significant hurdles, such as competition from other platforms, technological challenges, slow adoption, and regulatory risks.

Can IOTA Reach 100 Dollars?

Reaching $100 for Iota would be a monumental achievement: Iota’s market cap would need to increase dramatically for the token to hit $100. While it may be possible, this scenario is unlikely to unfold in the short term.

How High Can IOTA Go?

According to Telegaon, IOTA coin can hit a maximum of $135.65 in 2050.

What Is the Prediction for IOTA Crypto in 2025?

DigitalCoinPrice experts believe that in 2025 IOTA crypto will reach a maximum of $0.28.

How Much Will IOTA Be in 2030?

According to PricePrediction, in 2030 IOTA will reach its peak at $1.8.

What Is the Price Prediction for IOTA in 2035?

Telegaon experts think that in 2035 IOTA can go as high as $11.52 per coin.

What Is the Price Prediction for IOTA in 2040?

PricePrediction experts believe that in 2030 Iota (IOTA) will hit a maximum of $7.3.

How Much Is IOTA Worth in 2050?

According to analysts at PricePrediction, in 2040 IOTA will reach a maximum of $25.17.

Conclusion

IOTA stands at the intersection of innovation and opportunity, offering a unique approach to blockchain technology with its Tangle structure, which promises scalable, fee-less transactions and a high level of flexibility for IoT applications. With a focus on decentralization, data integrity, and smart cities, IOTA has carved a niche in the evolving landscape of distributed ledger technologies. While the road ahead remains uncertain, the opportunity for IOTA to reshape industries like automotive, supply chain, and energy cannot be overlooked. As with any investment in emerging technologies, caution is essential, but for those who believe in the transformative power of blockchain, IOTA presents an exciting opportunity.

Where to Buy IOTA Coin?

StealthEX is here to help you buy Iota crypto if you’re looking for a way to invest in this cryptocurrency. You can buy IOTA safely and without the need to sign up for the service. StealthEX crypto collection has more than 1500 different coins and you can do wallet-to-wallet transfers instantly and problem-free.

How to Buy IOTA Crypto: Quick-Step Guide

Just go to StealthEX and follow these easy steps:

• Choose the pair and the amount you want to exchange — for instance, ETH to IOTA.
• Press the “Start exchange” button.
• Provide the recipient address to transfer your crypto to.
• Process the transaction.
• Receive your crypto coins.

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Don’t forget to do your own research before buying any crypto. The views and opinions expressed in this article are solely those of the author.

Follow us on Medium, Twitter, Telegram, YouTube, and Publish0x to stay updated about the latest news on StealthEX.io and the rest of the crypto world.

Don’t forget to do your own research before buying any crypto. The views and opinions expressed in this article are solely those of the author.