We have now released our MIOTA Price Trend of October. This price trend is based on the outlook of analysts who were asked about their mid-term assessment of the MIOTA price. So these data do not reflect our opinion, but are based exclusively on expert opinions. We will publish this trend monthly.
Shown is the historical MIOTA price of one year. Furthermore, the analysts‘ price forecasts are presented as an average, as a so-called „public IOTA: MIOTA Price Trend“. In addition, the highest and lowest analysts‘ forecasts are reported. This September shows that all analysts involved assume a rising MIOTA price over the medium term. In the middle of next year we are at about $ 2 per MIOTA while the price then rises to an average of $ 3 at the beginning of 2020.
The experts give as a reason for the rising price in the next few years, the slow decoupling of Bitcoin as a justification. There will be more and more exchanges in the next few months where you can buy IOTA directly through $ or €. Furthermore, the strong increase in the number of large cooperations is cited as justification for the increase.
The price spreads are enormous. While the highest forecasts for 2020 are over $ 6, the lowest forecasts see the price at around $ 1.60.
This should not be a purchase or sale recommendation. Please keep in mind that cryptocurrency trading is highly speculative and involves a very high risk of loss!!!