The lowest price ever recorded for IOTA happened in March 2020 on Black Thursday, when the token reached a market price of $0.07 each. This constant communication would require a micro transaction economy to power, and IOTA was created to be the ideal solution for this ecosystem.Īt its peak, the price of IOTA reached over $5.79 per MIOTA coin.
The idea is that these devices in the future would be designed to talk to one-another, all without the need for a third-party or human intervention.
This led to enormous IOTA price predictions, as the crypto project garnered support from major brands and consumer corporations such as BOSCH, Volkswagen, Microsoft, and many many more.
