IOST Price Prediction : $IOST Price 2023, 2025, 2030, 2040
IOST stands for Internet Of Services Tokens. It was commenced in 2017. Have you ever had a bitcoin? IOST is that cryptocurrency that is similar to bitcoin but it is a new concept.
In the IOS system, IOST tokens serve as the medium of exchange for all transactions and commission. IOST price prediction has forecasted a bullish forecast for the token price in the distant future.
Some of its key features include: Efficient Distributed Sharding (EDS i.e., a sharding scheme), TransEpoch (a way to secure validators-to-shards assignment during epoch transitions while maintaining transaction operability), Atomix (a two-step inter-shard protocol to verify the atomicity of transactions in Byzantine protocols), the Proof-of-Believability (PoB) algorithm (a Byzantine consensus protocol), and Micro State Block (MSB) (a mechanism to minimize the storage and bootstrapping costs for validators).
In today’s market there are over 700 crypto currencies with Bitcoin and Ethereum being the most known.
It is basically a blockchain network ,fully grown with its own nodes, wallet and consensus protocol .
It comes with new technology in the Blockchain technology which makes it stand out among the new comers in this crypto market.
IOST is a decentralized blockchain network based on the “Proof of Believability” (“PoB”) consensus algorithm. The project’s mission is to build the “architecture for online services that meets the security and scalability needs of a decentralized economy”.
Who Founded IOST?
A Team of Jimmy Zhong and six others from high end universities made it up.
They include: Terrence Wang, Justin Li, Ray Xiao, Sa Wang, and Kevin Tan.
This team of developers outdid themselves in creating a world class coin. Their several years of experience in top prestigious companies helped them design revolutionary coin.
IOST Historical Value Price Analysis
For IOST Price Prediction , we need to check its progress over the years. These values have helped many predictors
Date | Price | Open | High |
September 7, 2021 | 0.0530 | 0.0642 | 0.0644 |
Sep 06, 2021 | 0.0642 | 0.0611 | 0.0643 |
Others… | |||
Aug 31, 2021 | 0.0421 | 0.0412 | 0.0429 |
Aug 30, 2021 | 0.0412 | 0.0438 | 0.0438 |
Aug 29, 2021 | 0.0454 | 0.0454 | 0.0455 |
Aug 28, 2021 | 0.0466 | 0.0470 | 0.0440 |
Others … | |||
Aug 12, 2021 | 0.0303 | 0.0307 | 0.0320 |
I have highlighted a few in order to understand the trend.
The highest value was 0.0699 an the lowest 0.0260. The difference in value is slight of about 0.043904. However the average is 0.0397. Therefore a percentage change is evident of 92.2230. This is what makes this currency profitable.
It is also evident that it experiences little downtime of maximum 3 days. With this data we can now go into :IOST price Prediction and information.
IOST Market Cap
The volume/market cap of IOST stands at 0.4757 with trading volume of $464,554,970.30 ( ^50.74%)
This information is very vital in IOST Price Prediction through market dominance ( 0.05%)
The price change is $0.0079 (12.87) with 24hr low $0.0468 and 24hr high $0.0643.
You should also know IOST ranks #93 . This is very remarkable because there are thousands of cryptocurrency.
Iost outdid itself against other big competitors like Bitcoin. Due to it’s ultimate software design this cryptocurrency has been competing favourably in the market it has very small fluctuation compared to other big bitcoin currencies in the market today.
$IOST Circulating Supply And Total Supply
The circulating IOST supply is 18,099,719,631 IOST which is a lot as IOST is young.
The total supply however is more at about 18,099,719,631 IOST with a maximum of 90,000,000,000 IOST.
IOST Price Today
The live IOST PRICE TODAY is $0.0584 USD with a 24 hour trading volume of $804,010,449.
Prices are expected to go up as time continues. It is important we keep checking for fluctuation. This price is at the time of writing this article.
IOST ($IOST) Future Price Forecast Prediction
If you are looking for virtual currencies with good return, IOST can be a profitable investment option
Based on our forecasts, a long-term increase is expected, the price prognosis for 2026-09-05 is 0.2037 US Dollars.
With a 5-year investment, the revenue is expected to be around +169.44%. Your current $100 investment may be up to $269.44 in 2026. Meanwhile, our long-term IOST price prediction for 2021 is bullish.
Conversely, if the investors turn towards the crypto, the bears might take over and push IOST from its uptrend position. In simpler terms, the price of IOST might plummet to almost $0.015, a bearish signal.
IOST ($IOST) Short Term Prediction
This IOST (IOST) Price Prediction 2021 article is based on technical analysis. IOST price shows a bullish trend. If this trend continues, IOST might run along with the bulls, overtaking its $0.067 resistance level and move higher.
The price of IOST might plummet to almost $0.015, a bearish signal.
The Relative Strength Index (RSI) is above 41.82, which means that IOST is in a nearly oversold state. With this traders need to stay cautious while trading, turning away from further losses.
IOST ($IOST) Long Term Prediction
As we had highlighted earlier , our prediction price prediction for IOST is bulls. Chicago Board Options Exchange, served as a birthplace of the Volatility Index (VIX).
The primary purpose of the VIX is to efficiently measure the expectations of market participants concerning the price movement of the S&P 500 index over the coming 30 days.
CVIX displays how fearful are the market participants of the price of IOST dropping significantly over the last 30 days, which is synonymous with expected negative volatility.
The CVIX of IOST is currently flashing 75 meaning that traders must brace themselves for significant price fluctuation that needs to be dealt with accordingly.
1 | Highest price in future | Up to $0.3643 USD |
2 | Lowest price in future | Up to $0.3051 USD |
3 | One year from now | Up to $0.1219 USD |
4 | After one year | Up to $0.12187 USD |
5 | After 2 years | Up to $0.1591 USD |
6 | After 7 years | Up to $0.3627 USD |
IOST Price Prediction 2023
The IOST price is on a raising scale . According to our calculations and speculative critics around the web it offers something for investors.
In 2023 IOST volatile price will be somewhere around $0.1590742859 USD
IOST Price Prediction 2025
Many investors and traders focus on long term investment. As a crypto trader it is the most lucrative investment. Risks not withstanding , one can make huge amount of profit on IOST. This is because majorly the prediction of IOST in 2025 will be $0.3627 USD
IOST Price Prediction 2030 and 2040
With ever volatile prices of crypto currencies , correct long term prediction seems impossible. However, IOST here has some noticeable stability in a crypto market.
Compared to Bitcoin, IOST price fluctuation is loss negligible. The price prediction of IOST in 2030 is upto $0.3566 USD
Is IOST A Good Investment?
The IOST coin is still performing well in April 2021 and is giving you good returns every day. But, if you check the graph of previous years of IOST coin, then you will know that this coin has seen many ups and downs.
However, If you want to buy IOST coins for long term then it can prove to be a good investment.
With the ongoing developments happening within the IOST ecosystem, as well as in the overall crypto market, we may see IOST reach new heights.
It has a Proof of Believability consensus algorithm, which is very environmentally friendly and much smarter than any PoW and PoS consensus algorithm.
Proof of Believability seems like the smartest way to design a consensus algorithm. So, that’s the one big point that sets apart IOST.
Is IOST Safe To Buy?
If you ask , yes it is. Don’t get me wrong, we do deep analysis using eleventh generation algorithm.
Users can obtain IOST tokens by purchasing them from cryptocurrency exchanges such as Binance, OKEx, Huobi Global, Upbit, and BitZ. Will IOST Surpass its Current ATH? IOST is a good investment in 2021. However, IOST has a high possibility of reaching new heights this year.
How To Buy IOST? Step By Step Guide
Step 1: Register on Coinbase
First buy one of the major cryptocurrencies, usually either Bitcoin (BTC) or Ethereum (ETH).
Register at Coinbase and you will receive a free amount of $10 worth of BTC after buying $100 worth of cryptos.
Use the link below
Type your email and click ‘Get started’. Make sure you provide your real name as Coinbase will need it for account verification.
You will receive a confirmation email. You will then be required to provide a valid mobile number to set up two-factor authentication
Step2 : Buy coins with fiat money
Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer.
Bank transfer will be cheaper but slower, depending on the country of your residence while cards are fast but expensive.
Now you are all set, click the ‘Trade’ button at the top left, choose the coin you want to buy and confirm your transaction…and congrats! You’ve just made your first crypto purchase.
Step 3: Transfer your cryptos to an Altcoin Exchange
Since IOST is an altcoin we need to transfer our coins to an exchange that IOST can be traded
We will need to set up a Binance account as it is the best.
Binance is a popular exchange to trade altcoins and it has a large number of tradable altcoins pairs.
We will create an account using the same process as in previous account.
Step 4: Deposit BTC to exchange
After complete login and registration for about 30min you are then set for the next process.
At the box on the right, you will see a string of random numbers saying ‘BTC address’, this is a unique public address of your Bitcoin wallet at Binance and you can receive Bitcoin by giving this address to the person to send you the funds.
Click on ‘Copy Address’ or right-click on the full address and click copy to grab this address to your clipboard.
Head back to Coinbase, go to Portfolio page and click on Bitcoin on your asset list, then click on ‘Send’ on the right.
Under the Recipient field, paste the wallet address in your clipboard, for security consideration you should always check if both address are matching.
Click ‘Send’ to proceed, you should receive a confirmation email instantly, click on the confirmation link in the email and your coins are on the way to Binance!
You should receive a confirmation notification from Binance once your deposit has arrived.
Step 5 : invest in IOST
Go back to Binance, then go to ‘Exchange’. Boom! What a view! The constantly flicking figures.
In the right column there is a search bar, now make sure “BTC” is selected as we are trading BTC to altcoin pair. Click on it and type in “IOST”, you should see IOST/BTC, select that pair and you should see a price chart of IOST/BTC in the middle of the page.
Below there is a box with a green button that says “Buy IOST”, inside of the box, choose the “Market” tab here as that is the most straight-forward type of buying orders. You can either type in your amount or choose what portion of your BTC deposit you would like to spend on buying, by clicking on the percentage buttons. When you have confirmed everything, click “Buy IOST”. Voila! You have finally bought IOST!
Best Crypto Exchanges To Buy IOST
Here is a quick list of some :
- Bittrex
- HotBit
- MXC
- Bitfinex
- BitMart
- OKEx
- Huobi Global
- OceanEx
How High Will IOST Go?
Short-term technical indicators for the token are bearish, according to IOST price analysis from Coin Codex, with 15 indicators giving bearish signals and 14 offering bullish signals. IOST is trading above the 200-day simple moving average (SMA) and exponential moving average (EMA), but below the 3-day to 100-day moving averages. The average directional index and relative strength index (RSI) are neutral.
Will IOST Go Up Tomorrow?
Seeing today’s moment the algorithm says that the price of IOS token (IOST) tomorrow will be bullish tomorrow.
Will IOST Reach $1?
If the coin performs well then only $1 can be reached. But if the price of the coin falls, it may take more time to reach $1.
As far as I’m concerned IOST Coin can reach $1 by 2025. I am speaking by looking at the past performance of all these coins. The current price of IOST is $0.06018. IOST coin is listed in cryptocurrency exchange in 2018. And this coin is performing well in 2021.
Is IOST Better Than Chiliz?
The highest price of Chiliz is about $0.65 and the lowest is about $0.20 as from 14/03/2021 to today.
IOST also has a big trade volume and negligible change in price.On the other hand, Chiliz has seen a mega drop and shows a downward curve.
Some features that distinguish it from CHILIZ and other competitors include
- Validator process: rotating committee that can have over 1,000 block producers each day.
- Developer friendliness: the IOST team has focused on providing a faster virtual machine & offering SDKs to make it easier for developers .
- Higher throughput: in testnet, IOST claims to have already achieved 7,000-8,000 TPS – higher than ETH, NEO and Cardano – with its PoB Consensus Mechanism & up to 6 shards.
Although IOST has a lower value its investors continue to boast of rising value.
IOST graph is on a rising trend. We expect more failure on part of Chiliz.
It is unwise to look at chiliz. It is drastically falling in price and its instability in value is catastrophic.
Final Verdict – IOST Price Prediction $IOST Coin
Finally we can come to a solid conclusion, IOST is your long term investment plan.
The price of IOST prediction is on a forward scale. With current market conditions we will hit $1 by 2030.
Imagine now being long term investor. That means about 120% profit.
What makes IOST stand out include:
- Atomix (under testing): this two-step inter-shard atomic commit protocol guarantees transaction atomicity in Byzantine settings
- TransEpoch (under testing): it secures validators-to-shards assignment during epoch transitions while maintaining transaction operability.
- Proof-of-Believability (“PoB”): a Byzantine consensus protocol with a Believable-First approach that guarantees safety and liveness of the system while largely maximizing the transaction throughput by size-one-shard.
- Micro State Block (“MSB”): a mechanism to minimize the storage and bootstrapping costs for validators.
- Efficient Distributed Sharding (“EDS”) (under testing): a sharding scheme that makes shards sufficiently large and strongly bias-resistant via a combination of a client-server randomness scavenging mechanism and leader election via cryptographic sortition.
Verdict: Invest in IOST for long term investment jackpot.
Read more: https://cryptoandfire.com/iost-price-prediction-forecast/
Text source: CryptoandFire