There is no denying in the fact that CryptoCurrencies have become the most sought topics in the last couple of years. Recently Bitcoin Reached an all-time-high of $63000 in April, 2021. IOStoken is another Cryptocurrency which has become quite popular these days. In this article, we will talk more about IOStoken and IOStoken Price Prediction.
Note: The Cryptocurrency market isn’t a place of luck. It’s a place for taking risks and making profits. The only thing important is that one takes a calculated risk. Having correct knowledge and information one can rule the stock market. So let’s begin and get to know everything about this Price Prediction.
What is IOStoken?
Before moving on with IOStokenPrice Prediction, first understand what is IOST Platform. IOST website defines “IOS” as “Internet of Services”. It is used as Foundation for service-oriented blockchain ecosystem. Internet Of Services Token (IOST) claims that it can handle the high traffic volume required for mass adoption of Blockchain. For this purpose it uses its so-called “Proof of Believability” algorithm that can process transactions at a speed of about 100,000 per hour. It charges zero transaction fees and guarantees security too.
IOSToken is a decentralized network, which means It does not use a single server to power up the whole system. Individual Computers are powered by their IOST user. The main advantage of this type of network is that if any or some of the system faces some issue this won’t affect other systems.
When will IOST reach $1?
IOST was Introduced in January 2018. In April 2021 its price was up by 1670% of what it was at the beginning of 2021. Then came the drop just like what happened with other cryptocurrencies. But soon after that IOST bounced back and will soon catch up to its all-time-high price of $0.129829. its current price that is on 22nd August 2021 is $0.0367 (data from Gov Capital). If IOST gets attention and performs well in the market we expect it to reach $1 by 2025. Although it might take more time depending upon the state of markets in days to come. IOST is performing well in 2021.
Also Read – Is Cardano Better Than Bitcoin? What Is The Maximum Cardano Can Reach?
Is IOST good for Investment?
IOST can provide good returns and thus it can be a profitable option to invest in. But as it said about them, “cryptocurrency prices are highly volatile”. These might result in a higher risk of losing. So we request our readers to do their research before investing in cryptocurrency.
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