New! Bitcoin Price Prediction: $3,600 BTC Price Is a Very Likely Scenario. When to Invest in Bitcoin (BTC)?
New! Bitcoin Price Prediction: $3,600 BTC Price Is a Very Likely Scenario. When to Invest in Bitcoin (BTC)?

IOTA Price Prediction 2019, 2020, 2025 – How Much Will the Cost of MIOTA Be?

  • Alex Morris
    📚 WikiCoin

    IOTA is the cryptocurrency that could become the global standard for IoT-powered devices, but its future is still gleam

IOTA Price Prediction 2019, 2020, 2025 – How Much Will the Cost of MIOTA Be?
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IOTA seems to be one of these projects that holds a lot of promise but remains on the sidelines so far. While currently occupying 14th place, its price has been stable. However, the fact that IOTA left the top 10 didn't help to win over many skeptical investors who feel like the coin might be losing its mojo. In this article, U.Today tries to determine whether it is still reasonable to invest in IOTA.

Why is everyone interested in IOTA?

IOTA is the cryptocurrency of the IoT era that is supposed to record machine-to-machine (M2M) transactions. IOTA utilizes Tangle instead of Blockchain, which helps the currency to reach a higher level of scalability.  

IOTA is also particularly remarkable because this is the only cryptocurrency that is supposed to be quantum-proof. That means that Tangle cannot be hacked by a quantum computer.

With that being said, some naysayers are wary of IOTA’s technology since it yet has to prove itself.  
The visual representation of IOTA’s Tangle

IOTA’s main competitors

The good thing about IOTA is that it doesn’t have any direct competitors that could ‘win the race’ first in the cryptocurrency space. There are no similar projects that focus on IoT technology.

However, IOTA does have competitors in the centralized world with their own data-transfer proposals for IoT. In the future, some of these competitors could easily issue their own tokens. Standardization is a huge thing, and many want their piece of the pie.         

Big-name partnership driving the price growth    

IOTA is expected to launch its Digital CarPass with Volkswagen in Q1 2019, which could streamline the coin's adoption. Over the past few months, the project has on-boarded many important clients:

  • Nova, a popular startup incubator. IOTA will provide funding for fledgling companies that are going to utilize its Tangle technology, thus making sure that many disruptive ideas are coming to fruition.

  • VR gaming startup Paracosm chose IOTA to create cross-reality games, which require efficient IoT solutions.

  • NEXT, the Oslo-based company that invented the fingerprint sensor also joined forces with IOTA in order to increase the efficiency of fingerprint sensors.    

  • Hackster.io, the world’s fastest growing hardware community in the world, launched Smart City Hackathon in partnership with IOTA. The contenders have to come up with the best Tangle-based projects.

IOTA decoupling from other cryptocurrencies

It is rather easy to predict the MIOTA price when it correlates to Bitcoin (BTC). If Bitcoin bottoms out at the $2,000 mark, it is quite possible that MIOTA will plunge to $0.10. If Bitcoin touches $10,000 again, MIOTA will most likely shoot up to $5. Of course, these are very vague predictions, which will not necessarily translate into reality.

However, it could be a completely different story if MIOTA decouples from Bitcoin and other cryptocurrencies. Currently, when Bitcoin goes up, other coins go up too. As mentioned above, IOTA is not related to Blockchain, and it represents an even more efficient technology. Even after the crypto rout, Bitcoin is still extremely expensive, but IOTA could actually provide free and instantaneous wallet-wallet transfers.

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At this point, the decoupling of IOTA doesn’t seem realistic since IOTA/BTC and IOTA/ETH represent the lion’s share of all trading pairs. The above-mentioned trading pairs could be weakened by introducing fiat-based pairs.   

IOTA investors share their 2025 price predictions

About two months ago, there was a survey on r/IOTAmarkets where investors were supposed to predict the price of IOTA in 2025. 681 people participated in the survey, and it seems like the majority of the responders went with the safest option, claiming that will go over $1. $25 and $50 were also among the most popular options.
7 percent of investors believe that IOTA could go higher than $1,000
As you can see, plenty of IOTA investors also think that the coin’s price will skyrocket up to $1,000. While this scenario seems unrealistic, it’s reasonable to assume that IOTA could indeed touch $50 if it experiences mass adoption. The project’s market capitalization would be sitting at around $135 bln if that turned out to be the case.

Some may argue that there is no option for under $1, but this is a very unlikely scenario unless the project is completely abandoned. Going back to IOTA’s current ATH would be very challenging given that there is a very low probability of another speculation-driven market. On the other hand, history repeats itself, and the recent spike in institutional investors could make Bitcoin’s price grow. Bitcoin is expected to have another bull run by that point, which will inevitably be much bigger than December’s rally.

👉MUST READ IOTA (MIOTA) Price Prediction - Overview and Long-Term Forecast

Biggest names in crypto share their take

Crypto baron John McAfee, who is famous for supporting (or allegedly pumping) different coins, is not a fan of IOTA. After Microsoft displayed its interest in IOTA, McAfee finally weighed in on IOTA’s potential, claiming that it will be the slowest growing cryptocurrency in the space. The fact that Microsoft bought IOTA could be a wake up call for investors since it won’t grow more than 10 percent per year. However, everyone who is familiar with McAfee’s prediction should take them with a grain of salt, but one cannot simply ignore his words.

Vitalik Buterin, another influential person in the cryptocurrency space, also publicly criticized IOTA. The mastermind behind Ethereum earlier claimed that Tangle wouldn’t be a suitable technology for adoption. In response to Buterin, David Sønstebø, the founder of IOTA, told him to ‘sit down’ and contemplate on the new concept.
Vitalik doesn’t hold back his criticism of IOTA

A trillion dollar market cap is possible

We covered both bullish and bearish predictions, but it’s not a huge reach to assume that IOTA’s market capitalization could hit trillions or even tens of trillions of dollars. IOTA could be potentially used as a counter-currency for machines in the IoT-driven future. The project could become a layer for global economies.

As of now, it is still a little-known cryptocurrency that is currently listed on a slew of exchanges.  

Boom or burst?

While wrapping up our review, we can assume that there will not be any middle ground. In case of mass adoption, IOTA could easily end up among the top coins or get completely abandoned if its technology doesn’t pass the test.

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Nem Price Prediction 2019-20-25 — How Much Will XEM Cost?

  • Denys Serhiichuk
    📚 WikiCoin

    📖🤓Most of the cryptocurrencies lost their value during 2018, however, some of them have potential for future growth. NEM or “New Economic Movement” is such a coin. This digital asset is a unique one, as it is not similar to the most popular cryptos, like Bitcoin or Ethereum, for example. In this article, we analyze the potential of NEM and predict its price within the next few years.

Nem Price Prediction 2019-20-25 — How Much Will XEM Cost?
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The cryptocurrency NEM stands out from the rest of altcoins. This is a young digital currency that has become especially popular among users in Asia.

NEM Platform Features

The founder of the cryptocurrency NEM (XEM) is considered to be a member of the popular portal bitcointalk.org, which is known by the nickname “Utopian Future”. In the second half of January 2014, the user began to discuss the created digital asset and received support from other forum participants.

NEM is an abbreviation for New Economic Movement. The title of digital money is the mission of the project.

The goal of the NEM platform is to create a digital asset that is used in all areas of the economy. Later, an organization called the NEM Foundation was founded, the main task of which is the development of digital currency.

NEM logo

The release of the NEM platform with the XEM coin took place at the end of March 2015. The new cryptocurrency quickly gained popularity in the “Land of the Rising Sun”, and later among users of other Asian countries. The success of the digital money has been driven by its unique features and benefits.

The coin has the following advantages:

  • Unique PoI algorithm (proof-of-importance), which ensures stable operation of the system and automatic confirmation of new units. Today, PoI looks the most successful and fair in comparison with PoW, as well as PoS and its modifications. The amount of remuneration to participants depends on several factors: the number of coins in the wallet, the number of transactions performed, the duration of participation in the system. Block generation time is only 60 seconds, which is one of the highest rates in the industry.

  • Convenience for users. The program used by the platform supports all operating systems. It can be downloaded from the official NEM website.

  • High security. Algorithm Catapult has its own system of self-diagnosis, eliminates the possibility of duplicate payments and prevents system failures. All this provides a high level of protection against cyber attacks.

  • Transaction Rate. The processing of operations on the NEM network takes just seconds, throughput is up to 4 thousand / sec.

  • The limited supply of 9 billion XEM tokens helps to maintain a stable exchange rate.

  • Adaptation of NEM wallets for any, including mobile devices.

  • The constant amount of commission - 0.01% of the transaction.

In the near future, the team is planning to implement solutions to increase the scalability of the network, to develop an innovative COMSA platform focused on supporting ICOs, and to focus on further cooperation with the banking sector. Many Asian and European banks are testing the benefits of the NEM blockchain in terms of using smart contracts and faster and cheaper transactions.

COMSA ecosystem

In addition, this year the project’s founders are about to open a science lab and the NEM Blockchain Innovation coworking center. The objective of the project is to promote the platform and assist in its practical use. It is reported that there are investors who are ready to invest $40 million in this idea. It is difficult to say how this is combined with the recent news about serious financial difficulties and the possible dismissal of employees.

Another project awaiting implementation is its own cryptocurrency exchange.

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NEM Price Prediction 2019

At the turn of 2017-18, in the period of an unprecedented rise in the cryptocurrency market, experts and specialized agencies vividly published forecasts, in which they announced even more intensive growth of XEM in the near future. Many promised the rise to $40-50 and called for investing with the expectation of 20 to 30-fold income. It is clear that any predictions, especially those related to numbers, can be risky.

NEM Price Prediction

But even today, the majority of analysts estimate XEM as still positive. They do not associate the current state of affairs exclusively with the general bearish trend of the market.

Experts also emphasize that the XEM token has the main advantages of two high-tech cryptocurrencies at once: Ethereum and Ripple. The first is related to the use of smart contract technology, and the second is focused on working with the traditional financial sector. Japan, which was the first to legalize cryptocurrencies, recognized XEM as an official means of payment.

At the same time, Japanese commercial structures wishing to use the coin as a financial instrument are required to purchase a license for $300 thousand and have at least $100 thousand in an XEM coin account.

According to various forecasts, by the end of 2019, the rate of XEM may increase several times and reach the level of $0.10 - $0.20. However, much will depend on general industry trends.

NEM Price Prediction 2020 and beyond

NEM logo

In the past, we have already seen the cost of XEM to be near $2, after which a slow decline in value began, but it was caused by a general market correction. Achievement of the price of $1.92 was caused by the fourth Elliot Wave. From the fifth wave and the upcoming general news background in the cryptocurrency market, we expect an increase in value to 4-6 dollars by the end of 2019.

Re-testing of the $1.92 level can happen much earlier, and there are all the prerequisites that this will happen in the first half of 2020. According to some forecasts, the cost of the cryptocurrency can rise to 20-30 dollars in a couple of years.

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Is it worth buying NEM now?

In general, investment in XEM, given the current rate around the lower boundary, seems quite attractive. However, experienced players warn newbies about the need to “put eggs in different baskets”. The NEM blockchain updates planned for 2019, in addition to increasing the speed and throughput, are fraught with potential failures, bugs, and hacker attacks. When making a decision to invest, you need to take all this into account.

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