Undoubtedly It Will Stand Out, IOTA (MIOTA) Has Its Own Uniqueness! - Kakiforex.com - Financial Market Media No. 1 in the World Undoubtedly It Will Stand Out, IOTA (MIOTA) Has Its Own Uniqueness! Undoubtedly It Will Stand Out, IOTA (MIOTA) Has Its Own Uniqueness!
InstaForex

June 9, 2021

Undoubtedly It Will Stand Out, IOTA (MIOTA) Has Its Own Uniqueness!

 IOTA has a uniqueness in its own technology that is not based on blockchain but "Tangle" which is a node system that validates transactions.


This technology is different from blockchain technology where the foundation behind this platform offers much greater speed than conventional blockchain.


IOTA is a publicly distributed ledger oriented to secure communications and payments. Unlike blockchain as used by Bitcoin, Tangel has no block (blockless), so with IOTA there is no scalability issue.


IOTA has 4 co -founders, Sergey Ivancheglo, Serguei Popov, David Sonstebo and Dominik Schiener.


Recently, IOTA has launched the latest Era of decentralization which is ‘IOTA 2.0 DevNet’


Core modules implemented. Final checks complete. Network ready for launch.


3 .. 2 .. 1 .. Liftoff 🚀


The IOTA 2.0 DevNet (Nectar) is live!


Experience the future of a fully decentralized, scalable, and feeless #IOTA network today. https://t.co/UzUseVuI02 pic.twitter.com/jsSr7CF1jP


- IOTA (@iota) June 2, 2021


IOTA 2.0 DevNet is a fully decentralized first IOTA network without the need for a coordinator.



Next, let’s look at the IOTA/USDT price movement chart.


According to the current price movement, IOTA has recorded over 800% increase at the market opening in early January until April 15, 2021 with the all -time high (ATH) level reaching $ 237.24.


Unfortunately, the rise was only temporary until the decline to the $ 0.80 price support level as a result of the fall of Bitcoin (BTC).


For further expectations, the price movement is expected to make an increase to test the SBR zone (support become resistance) again around the price of $ 1.30.


If the IOTA price movement manages to break the resistance level, the price movement will move to the next SBR (support become resistance) zone and will make a higher rise.


However, if the price sees a decline to a lower price level, the support zone around the price of $ 0.80 will be tested and investors will assess the price reaction in that zone.