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Santa Claus rally happened in the crypto industry as some big altcoins experienced double-digit gains. Pudgy Penguins (PENGU), the recently airdropped token, soared by 40% on Dec. 24, bringing its market cap to $2.26 billion.
IOTA has announced change in its tokenomics model, leading to a 8% price surge and bullish analyst sentiments.
Key improvements of the upcoming IOTA Rebased upgrade include increased scalability, enhanced security measures, and a new tokenomics model with staking rewards. The post IOTA Community Gives Green Light to Rebased Protocol Upgrade appeared first on Cryptonews.
IOTA price experienced a harsh reversal this week, becoming one of the worst-performing top-100 cryptocurrencies. IOTA (IOTA) has declined for four consecutive days, reaching a low of $0.3400, down 46% from its year-to-date high.
IOTA (MIOTA), a cryptocurrency centered on the Internet of Things (IoT), has garnered attention due to its unique distributed ledger technology that facilitates seamless, low-cost transactions between devices connected to the internet. IOTA's vision of powering smart cities, automating industries, and supporting global trade has made it a prominent player in the crypto space.
IOTA has recently captured the attention of the cryptocurrency community, with its price making a dramatic upward move. Since November 2024, the token has experienced an explosive 250% surge, mirroring the broader bullish trend in the market.
IOTA Network's $IOTA is in the midst of a sweltering price surge. The coin rallied 67.5% in the last 24 hours and 141% in the last seven days to hit $0.5641, the highest price $IOTA has traded at since May, 2022. An announcement yesterday appears to be driving $IOTA's rocket ride.
Today, IOTA price has surged by over 60% to tap $0.5756, marking the first time it has crossed the $0.50 threshold since May 2022. The price surge has captured the attention of most traders and investors, with many projecting that more is yet to come after the $0.5 breakout.
TL;DR IOTA has launched a crucial vote to decide on the implementation of the Rebased protocol, aimed at improving the network's scalability, decentralization, and efficiency. Rebased introduces Move-based smart contracts, a dPoS model with 150 validators, and the Mysticeti protocol capable of processing 50,000 TPS.
On December 3, Tuesday, IOTA price surged 60% on the back of a crucial network update. This massive rally is in line with the veterans like Ripple (XRP) and Stellar Lumens (XLM).
IOTA, the native cryptocurrency of an open-source Distributed Ledger Technology (DLT) platform, has emerged as the top-performing altcoin in the last 24 hours. During this time, the asset's value surged by 40%, and it is now trading at $0.48.
On Nov. 3, IOTA led gains among the 100 largest cryptocurrencies by market cap as developers initiated voting for the Rebased upgrade. IOTA (IOTA) rose 46% in the last 24 hours to a six-month high of $0.
IOTA is gaining momentum! If it manages to close above $0.45 in the daily charts, we could see potentially hitting the $0.70 mark.
IOTA's price action over the next few days could be very interesting.
Monday started with blood on the cryptocurrency market. According to data from CoinGlass, more than $500 million in long and short positions in crypto asset futures were liquidated over the past 24 hours.
November has been a standout month, with multiple assets reaching new highs. Real World Assets (RWAs) are no exception.
Story Highlights The live price of the IOTA coin is . The IOTA price could reach a maximum of $0.365 in 2024. IOTA price with a potential surge, may reach a high of $3.01 by 2030.
Fireblocks has integrated IOTA EVM, allowing secure storage, transfer, and management of IOTA tokens for institutional users, enhancing the digital asset ecosystem.
There is still a lot of suffering among the altcoins, with some projects currently close to their lows.
Binance will apply a new “risk warning” banner and pop-up notification to several tokens on its platform, the exchange announced on Oct. 1.
IOTA could ride the real-world assets surge and decentralized finance traction to gain. Meanwhile, as cryptocurrency prices rise amid Bitcoin's surge to $66k, altcoins such as Kava (KAVA) and Enjin (ENJ) could follow suit. Bitcoin spot ETFs record $366m in net inflows US spot Bitcoin ETFs saw $365.
IOTA Foundation drives blockchain innovation in Europe with strategic partnerships and adherence to EU regulations, positioning itself as a leader in Web3 and sustainable DLT applications.
BeInCrypto's comprehensive Europe Crypto Roundup covers the latest news and trends shaping the continent's crypto landscape. With reporters across key markets like Germany, France, and the UK, we provide in-depth insights into evolving regulatory environment, adoption rates, major industry events, and market movements.
New collaborations and innovative solutions for the digital future of the European Union
