CoinzPress
  • Credit Cards
    • Best Credit Cards 2023
    • Best Rewards Credit Cards
    • Best Cash Back Credit Cards
  • Banking
    How to Save Discord Servers from Hackers

    Ways You Can Save Your Discord Servers from Hackers

    Ethereum Mining Rig

    Ethereum Mining Rig: The Best Ethereum Mining Hardware

    Google in Web3 and Blockchain Technology

    Google is Taking An Interest in Web3 and Blockchain Technology

    Binance

    Binance to Launch Santos FC Fan Token on Its Launchpool

    New Solutions for Cross-Chain Problems

    New Solutions for Cross-Chain Problems

    Blockchain Gaming

    Will The Blockchain Gaming Revolutionise The Future of Video Games?

    Trending Tags

    • Loans
      Tesla sell their bitcoin

      Tesla Took The Internet By Storm for Selling Its Bitcoin in Panic

      Bitcoin-Faucets

      Highest Paying Bitcoin Faucets: How to Choose the Right One?

      lightning-network

      Lightning Network: Everything You Need To Know

      What Can You Buy with Bitcoins

      What Can You Buy with Bitcoins?

      Nasdaq’s Record Breaking

      Witness Nasdaq’s Record-Breaking Performance Across Stock Markets

      Voyager Digital USDC Linked Debit Card

      Voyager Digital Launches USDC Linked Debit Card Linked

      Trending Tags

      • Investing
      • Insurance
      • Stock Market
        • US Markets
        • ASX shares
        • Indian Markets
      • Cryptocurrency
        • Price Prediction
        • DeFi
        • NFT
        • Metaverse
        • Trading
        • Crypto Exchanges
        • Crypto Wallet
        • Brokers
        • Gaming
        • Earning Sites
      • Sections
        • Reviews
        • Beginner Guide
        • How To
      No Result
      View All Result
      • Credit Cards
        • Best Credit Cards 2023
        • Best Rewards Credit Cards
        • Best Cash Back Credit Cards
      • Banking
        How to Save Discord Servers from Hackers

        Ways You Can Save Your Discord Servers from Hackers

        Ethereum Mining Rig

        Ethereum Mining Rig: The Best Ethereum Mining Hardware

        Google in Web3 and Blockchain Technology

        Google is Taking An Interest in Web3 and Blockchain Technology

        Binance

        Binance to Launch Santos FC Fan Token on Its Launchpool

        New Solutions for Cross-Chain Problems

        New Solutions for Cross-Chain Problems

        Blockchain Gaming

        Will The Blockchain Gaming Revolutionise The Future of Video Games?

        Trending Tags

        • Loans
          Tesla sell their bitcoin

          Tesla Took The Internet By Storm for Selling Its Bitcoin in Panic

          Bitcoin-Faucets

          Highest Paying Bitcoin Faucets: How to Choose the Right One?

          lightning-network

          Lightning Network: Everything You Need To Know

          What Can You Buy with Bitcoins

          What Can You Buy with Bitcoins?

          Nasdaq’s Record Breaking

          Witness Nasdaq’s Record-Breaking Performance Across Stock Markets

          Voyager Digital USDC Linked Debit Card

          Voyager Digital Launches USDC Linked Debit Card Linked

          Trending Tags

          • Investing
          • Insurance
          • Stock Market
            • US Markets
            • ASX shares
            • Indian Markets
          • Cryptocurrency
            • Price Prediction
            • DeFi
            • NFT
            • Metaverse
            • Trading
            • Crypto Exchanges
            • Crypto Wallet
            • Brokers
            • Gaming
            • Earning Sites
          • Sections
            • Reviews
            • Beginner Guide
            • How To
          No Result
          View All Result
          CoinzPress
          No Result
          View All Result
          Home Crypto Price Prediction

          IOST Price Prediction: The Future of IOST

          Coinz Press by Coinz Press
          August 13, 2022
          in Crypto Price Prediction
          IOST Price Prediction

          IOST is an acronym that stands for Internet of Service: Next Generation. It is a high-speed decentralized blockchain network with excellent transaction throughput. The project’s goal is to create a self-operating, trustless network that optimizes the value of members while meeting security and scalability requirements.

          IOST blockchain technology is being implemented in the crypto and blockchain industries to deliver high scalability and safe transactions. IOST claims that its ultrafast blockchain can process 100,000 secure transactions per second. The IOST ecosystem includes its nodes, wallets, and Dapps. IOST works on a next-generation consensus method known as proof of belief (PoB).

          Terrence Wang, Justin Li, Ray Xiao, Sa Wang, Jimmy Zhong, and Kevin Tan founded IOST in January 2018. Node Capital, Zen Fund, Nirvana Capital, Alpha coin fund, Huobi, Sequoia, LINKVC, Matrix Partners, INBlock chain, Metropolis VC, and SEQUOIA are among the biggest investors in IOST.

          IOST has collaborated with leading corporations to develop technology and performance. Significant collaborations include LATOKENS, PLAIR, BLOCKFOLIO, COVALENT, ContentBox, and Thesis. The startup has teamed with Mycontainer to make staking easier. IOST announced its participation in the Japan Blockchain Association on October 4. IOST is rapidly expanding its collaborations in all relevant sectors to become a pioneer leader in the smart contract business. The IOST token is the IOST platform’s native currency and may be used to pay network fees.

          Distinctive Features

          IOST Features

          Smart-contract platform technologies are in a fierce rivalry with one another. In such a competitive business, IOST is attempting to maintain its 24th place on the Center for Information and Industry Development (CCID) worldwide index for the fourth time in a row, out of 37 rivals. IOST features a zero-downtime mainnet that has hosted about 587 million transactions. IOST’s DeFi ecosystem may support stablecoins such as JPYA, HUSD, and USDA. IOST anticipates further collaborations in the following years.

          The ‘proof of believability’ ensured liveliness and security on quick transactions. Decentralization and self-governance through IOST nodes. According to business data, IOST presently has 571877 accounts, 491 nodes, and 1196 contracts, with the number growing by the day. According to the IOST whitepaper, the platform offers unique characteristics such as,

          • IOST offers a revolutionary sharding technology called efficient distributed sharding (EDS).
          • TransEpoch aids in the preservation of transaction operability during epoch changes.
          • Atomix is a mechanism for atomic commits between shards.
          • Believability proof: next-generation consensus protocol with the credible first approach.
          • Micro state block helps to reduce bootstrapping costs and validator storage.

          All of this adds together to make IOST a beacon of hope for the future blockchain sector and crypto market.

          Also read: WRX Price Prediction: Long-term Price Prediction for WRX 2022 – 2031

          IOST Price Prediction: Market Sentiments 

          The price of IOST is at $0.02154, with a 24-hour trading volume of $28,294,278.47 on Binance. The overall market cap is $399,456,598.25, and there are 18,588,745,668 IOST digital coins in circulation. In 2018, IOST coins had the highest price exchange rate was $0.1365. The all-time low of the IOST price is $0.001562 in March 2020.

          Data from the monthly chart reveal that following the initial coin offering, IOST traded horizontally for a long period. The continued advances within the IOST ecosystem will change market acceptability from a sideways trend to a positive one beginning in 2021. The price increased from $0.00420 to $0.09313.

          Then a reversal pattern developed on the weekly chart, with IOST taking support around $0.02252 following a retreat. IOST then managed to approach the resistance level of $0.0545 but failed to cross it. The market attitude during the previous month has been negative. However, the price has recently fluctuated between $0.046 and $0.0626. It dropped by 3.27% last week.

          Today, IOST is trading around $0.02525, up 0.96% daily. Traders should use caution while entering and exiting IOST at this time. Investors might wait for an entry point over $0.0600.

          IOST Price Prediction: Technical Review

          IOST is currently selling at a higher price. For yesterday’s session, IOST traded at a minimum of $0.02493 and a top of $0.02601. The most recent trend indicates that if the price level remains unchanged, there is a chance that the IOST price will shortly return to the previous swing high. However, activity has been relatively low in recent trading sessions. A negative indication may be seen in the chart since prices are establishing lower highs.

          The technical setup indicates that the immediate resistance level is $0.043. Before the price of IOST may grow, it must first overcome the nearby resistance level. It is a negative indication headed towards the $0.0191 support level. IOST coin is volatile, and the technical setup has a short-term surge in the medium run. IOST’s exponential moving average is much higher than its 200-day moving average, but it has yet to cross the 50-day or 20-day moving averages. 

          The relative strength index (RSI) of the IOST price, which is now at 43, indicates modest momentum. The MACD line is moving with the signal line but cannot cross it, not confirming the trade. IOST has been trading in a range for the past week, with a low trading volume. The price will remain in the same range-bound over the next two to three sessions. However, the IOST price projection algorithm predicts that a bounce and break out from this level is imminent to complete the cup and handle configuration.

          IOST Price Prediction: 2022-2026

          The long-term price projection from our in-depth IOST price study reveals that the future of IOST is bright for investors. The following are the long-term pricing forecasts:

          The IOST price prediction for 2022 indicates that traders should be careful about IOST volatility during the next two months.

          IOST Price Prediction 2022

          The price forecast for 2022 is optimistic; with the price of IOST trading at $0.02527 at the start of the year, the cost of IOST will reach around the minimum price of $0.0309, and projections expect it to reach $0.0333 by the end of 2022. Bulls will gradually enter, making IOST a good investment. The IOST price will reach $0.0352 by the middle of the year. According to the IOST price prediction, the coin primarily trades with an average IOST price of $0.0332 for the year.

          IOST Price Prediction 2023

          IOST will begin trading in the $0.0360 area in 2023. Long-term coin forecasts indicate that it will reach $0.0445 levels by the middle of the year, with a maximum climb of $0.0452 and an average IOST price of $0.0364.

          IOST Price Prediction 2024

          IOST projection for 2024 is where investors want to acquire IOST with a higher market cap. It will begin trading for $0.0402. By February 2024, the price of IOST will have risen to a maximum of $0.0505 and a low of $0.0310.

          IOST Price Prediction 2025

          IOST outlook 2025 is quite positive, with the cryptocurrency reaching a high of $0.0557 and testing $0.0485 before the end of the year. According to the IOST projection, the average price for the year will be about $0.0474. There is no significant price reduction with favorable signs for the year. For 2025, IOST pricing forecasts are relatively constant. By this time, IOST may have risen to the top of the market, with enormous growth potential and widespread acceptance among rivals.

          IOST Price Prediction 2026

          IOST would have achieved widespread popularity, and it has the potential to be one of the top blockchains by 2026. According to our long-term IOST price projection, the coin may hit the $0.0493 threshold. The lowest price level might be approximately $0.0411. According to our forecast, the average IOST price for the year will be about $0.0447.

          Also read: Bizzcoin Price Prediction: Is Bizzcoin Here To Stay?

          Share76Tweet47

          Related Posts

          Passive Income Ideas: Best Ways To Make Money Online

          Passive Income Ideas: Best Ways To Make Money Online

          November 8, 2022
          KuCoin Trading Password: How to Reset It?

          KuCoin Trading Password: How to Reset It?

          November 8, 2022
          Preference Shares vs Ordinary Shares: Types Of Shares

          Preference Shares vs Ordinary Shares: Types Of Shares

          November 8, 2022
          Flight Centre Shares: Should You Invest In 2022?

          Flight Centre Shares: Should You Invest In 2022?

          November 8, 2022
          Aldi Share – How To Invest In Aldi?

          Aldi Share – How To Invest In Aldi?

          November 8, 2022
          Ford Stock Forecast

          Ford Stock Forecast 2022, 2023, 2025, 2030, 2040, 2050

          November 7, 2022
          ADVERTISEMENT

          CoinzPress is one of the leading cryptocurrency news services that cover the latest crypto-related news. The news includes a technical analysis of a wide range of digital currencies as well as forecasts for those electronic currencies. Here at CoinzPress , we aim to enlighten anyone having an interest in the world of cryptocurrency with significant information that could keep them informed.

          So, in short, we cover a range of announcements related to a variety of Alt-coins, digital coins, and any significant news that could create an impact on the trading world and economy.

          • News & Updates
            • Cryptocurrency
            • DeFi
            • NFT
            • Metaverse
            • Press Releases
            • Sponsored
          • Sections
            • How To
            • Technology
            • Investing
            • Stock Market
            • Loans
            • Credit Cards
            • US Markets
            • Brokers
            • Gaming Sites
            • Indian Markets
          • Company
            • About Us
            • Advertising
            • Press Release
            • Contact Us
            • Terms of Uses
            • Privacy Policy
            • Sitemap
          • About
          • Contact Us

          © 2022 Coinz Press

          No Result
          View All Result
          • Credit Cards
            • Best Credit Cards 2023
            • Best Rewards Credit Cards
            • Best Cash Back Credit Cards
          • Banking
          • Loans
          • Investing
          • Insurance
          • Stock Market
            • US Markets
            • ASX shares
            • Indian Markets
          • Cryptocurrency
            • Price Prediction
            • DeFi
            • NFT
            • Metaverse
            • Trading
            • Crypto Exchanges
            • Crypto Wallet
            • Brokers
            • Gaming
            • Earning Sites
          • Sections
            • Reviews
            • Beginner Guide
            • How To

          © 2022 Coinz Press