IOTA is a very ambitious cryptocurrency project. Unlike most other cryptocurrencies, it does not use the blockchain design, instead storing transaction data in a blockless distributed ledger. This technology gives it significant advantages by reducing processing times and eliminating transaction fees. While the IOTA developers’ initial focus has been on device-to-device microtransactions, the unique advantages of its protocol have also attracted attention for their traditional cryptocurrency uses as well. IOTA coin price saw strong growth at the end of last year, and it is set to be one of this year’s strong performers on the crypto market as well. Here are some of our IOTA price predictions for 2018 and the reasoning behind them.
What Are the IOTA Price Predictions for 2018?
Market Leader, Not Follower
The rest of the cryptocurrency market tends to follow the trends set by its biggest players – Bitcoin and, to some extent, Ethereum, with the performance of other currencies, often judged by how much they gain or lose against these big market makers. Against this background, IOTA stands out as a market-maker in its own right. In December of 2017, it actually had its big breakthrough, growing tenfold in value, well ahead of the big rise in Bitcoin and the rest of the market.
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