IOTA (MIOTA) is a crypto based on a distributed ledger technology (DLT) crafted explicitly for the Internet of Things (IoT) ecosystem. The platform facilitates secure and feeless exchange of data and value among machines and devices within the Internet of Things (IoT) environment.
During an AMA session on January 24, Dominik Schiener, the founder of MIOTA, delivered a significant announcement that resulted in a 12% surge in the price of this crypto the previous day.
The revelation pertained to the upcoming launch of the IOTA Ethereum Virtual Machine (EVM) on March 31 and the introduction of the new alpha version of IOTA, v1.0.0-alpha.2 pre-release.
IOTA technical analysis
Due to the recent gains, technical analysis might provide investors with further detailed insights on potential future price movements.
The current trend indicates an approach towards a multi-year descending trend line. There is anticipation of a potential breakout, and in the event of a successful breakout, a substan
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