It seems that a new bullish trend is approaching in the cryptocurrency markets. BTC (Bitcoin) jumped over $4,000, and many of the Altcoins have gained their 2018 losses back. If this momentum continues until the end of December, it may most probably cause emotional motivation and an uptrend.
The main reason behind this is the low interest of the crypto investors due to the 2018 depression in the markets. Most of the investors have lost their attention after the critical losses. But if there will be bullish signals for all of the other tokens, then retailers’ interest will be a focus on the cryptocurrencies again. This fact is an excellent opportunity for the altcoins which have the potential to perform better than the market averages.
IOTA (MIOTA) is generally perceived as a high-potential crypto project
IOTA (MIOTA) is one of the promising cryptocurrencies which has great potential due to its vast and robust usage. While Blockchain market is growing, speculation seems to stay as the driving force of the development. 2017’s speculative increase has been fueled by the interest on the new crypto money technology.
Therefore investors have spent money on almost every project. Today, rules of the game are entirely changed. Initial interest has been disappeared, and market demand looks saturated. This is accepted as the reason for the termination of the ICO market.
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IOTA is traded in the IoT market which has a multi-trillion USD value
This also explains the reason for the 2-digit gains of the fundamentally strong Altcoins in the last three day’s uptrend. IOTA (MIOTA) is one of the strongest Altcoins regarding its fundamentals. It is continuously growing in the trillion-dollar IoT market. There is a direct correlation between the autonomous automobile market growth and IOTA due to the integration of IOTA technology in these high-tech cars. This should be perceived as excellent growth potential for the IOTA altcoin.
IOTA (MIOTA) will overcome all of the problems when it confirms the position of being a strong Blockchain actor for the market. “Quantum Computers” may approach to reality and this will cause security threats for the Blockchain network. IOTA may prevent these adverse outcomes by one-time usable addresses.
When one-time usable addresses become a standard for the Quantum Computers, it may also become a standard for the Blockchain ecosystem. This will eventually enable IOTA to be used in this area and increase its widely-usage probability. IOTA also operates with DAG technology. And this allows it to be scaled infinitely. This is a critical feature because this will make IOTA to be widely accepted by the centralised systems.
