These speculations can change depending on the market dynamics.
But if the bearish trend continues into 2023 too, then the IOTA’s price will go to $0.52. The positive market indicators might push its price to the highest level between $0.64 to $0.65. According to the multiple analysis tools, the average price of IOTA’s coin will stay around $0.55 to $0.57 by December 2023. Nevertheless, the volatile environment makes it difficult to tell how the IOTA’s price will change.Įxperts are optimistic about the growth of IOTA in the coming years. So, there is a probability that 2023 could be a slow year for IOTA’s coin, and its value might not increase significantly. The impact of the crypto market might continue in the last two quarters of 2022. Regardless, analysts have high expectations that the coin will perform well in the coming years. The crypto bubble was much bigger than the dot-com bubble since it wiped out a significant portion of investors’ wealth. However, the coin crashed after the crypto bubble burst in 2018.
It reached an all-time high value of $05.63 by the third week of December. As a result, it caused IOTA’s price to increase by a significant amount. Many investors were looking to invest in various crypto coins after a surge in the price of Bitcoin. Though the coin was launched in 2016, it saw a huge spike in 2017 due to the crypto boom.
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