IOST Price Prediction 2022 – 2031

IOST Price Prediction 2022 – 2031

The IOST price forecast for 2022 and subsequent years are bullish. Analysis shows that the token could record significant price increases in the long run despite the current bearish trend in the crypto market. Our IOST Price Predictions show a slow but steady increase in price over the years, indicating that the IOST cryptocurrency could be a fantastic coin to hold for the long term.

However, the IOST token is currently undergoing the same fate as many other crypto coins in the market. The crypto space is generally bearish at the moment, and most tokens are gradually losing value. Experienced crypto traders often use the price bear markets as an opportunity to buy the dip and stock up more coins to rip more gains when the token’s value rises in the bullish market.

The cryptocurrency market cap has declined significantly following the falling price of Bitcoin, Ethereum, and other prominent cryptocurrency coins with higher market capitalization. However, crypto experts believe the bearish trend is temporary, and the IOST coin will soon resume its long-term bullish momentum in subsequent years.

Today’s IOST price is $0.011768 USD with a 24-hour trading volume of $6,309,029. IOST is up 0.98% in the last 24 hours. The current CoinMarketCap ranking is #126, with a live market cap of $218,752,339. It has a circulating supply of 18,588,745,668 IOST coins and a max. supply of 90,000,000,000 IOST coins.

The IOST token once stole the limelight in August 2019 and has since then developed a bullish trading outlook across the short-term charts with four-hour frames. Let’s see what the future has in store for the IOST coin.

Also Read:

What is the IOST coin?

The IOST coin is the native token that runs the IOST blockchain. The platform provides a unique blockchain network infrastructure that focuses on scalability and security. Blockchain technology has experienced several challenges in its lifetime, and scalability has been one of the significant challenges. The IOST blockchain network aims to change that and bring full-fledged scalable solutions to the industry.

Additionally, the IOST token is also known as the Internet of Service Token and is the native token of the IOST blockchain ecosystem. The platform provides an elaborate smart contracts platform that rivals Ethereum, EOS, and TRON. According to the IOST Team, the ecosystem provides one of the fastest and most scalable networks, with an ability to process up to 20o 000 transactions per second. An achievement that is unthinkable for other blockchain ecosystems alike.

The IOST crypto is the backbone of this platform, and the success of the blockchain ecosystem could translate to the increased value of the IOST coin. Essentially, the price projections consider the viability of the tokens ecosystem, as well as the past price action of the coin since its launch. Considering these factors, the IOST token shows a promising future, and crypto investors should generally prepare for high Returns on Investments.

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Source: Twitter

What do analysts expect for the IOST token?

According to findings from both fundamental and technical analysis, there is a significant interest in the IOST blockchain and its native governance token. Many crypto enthusiasts marvel at the network’s ability to process hundreds of thousands of transactions in a second, making it one of the fastest blockchain networks with real-world solutions.

The scalability of the ecosystem makes it one of the few networks that can boast of this feature. Several blockchain projects struggle with scalability. The IOST ecosystem employs advanced blockchain technology architecture, making it faster and more scalable than others.

Since its launch, the native digital token has recorded modest growth rates. Most analysts interpret it as an undervalued token, and early adopters could gain massively. The current price has recorded a 24-hour price gain of about 1.20%, indicating minimal price changes. The market is relatively stable, with minimal price fluctuations. The overall market prices are slowly declining, indicating that the bears are losing power.

Analysis indicates that the bulls will soon outdo the IOST token bears, and the token could start increasing in price per time. However, crypto enthusiasts should perform their own research before investing in any cryptocurrency due to the unpredictable nature of the crypto market.

Understanding the IOST platform

The IOST platform is unique in several ways; the platform can be compared to blockchain projects such as Ethereum, EOS, and TRON. These networks allow other projects to be built within their ecosystems, stretching their service provider base and improving Web 3 service delivery.

The ecosystem’s infrastructure uses technological innovations in blockchain technology, such as Efficient distributed sharding and Distributed randomness protocol, to achieve efficiency and advanced features. For instance, the network’s ability to settle hundreds of thousands of transactions per second is enabled by a combination of innovative blockchain architecture such as Prof of Believability, TransEpoch, and Micro State blocks, among others.

Who are the IOST founders?

The Internet of Service and Token was founded in 2018 by Jimmy Zhong, Ray Xiao, Justin Li, Terrence Wang, and Kevin Tan. They have a significant footing in the tech industry, with notable prior achievements. Zhong founded a startup that later sold for $40 million, while Wang has experience as a developer in Uber Software.

Li is known for his involvement in banking, working as a banking associate at Goldman Sachs, as well as a background in Data Science. Tan is the co-founder of Ethercap, and Xiao is named as part of the team that spearheaded the launch of an AI company, Dora.

IOST ecosystem node partners in Japan include #devs, #web3 game service providers, private investors, media, law firms, digital asset #exchanges, and global #staking providers.

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Source: Medium

The IOST blockchain has provided a developer-friendly environment for developers and stable network for community since its mainnet launch in 2019. The smart contracts supporting JavaScript give programming flexibility, as well as, network transaction costs (gas costs) are virtually free as no tokens are consumed by the mechanism of gas consumption through the deposit of IOST tokens

Where can you buy IOST tokens?

IOST tokens are tradable on several crypto exchange platforms across the globe. As the demand increases, the cryptocurrency pairs increase. Currently, it is easy to trade IOST /USDT, IOST/BUSD, and IOST/BUSD pairs on most of these platforms. However, there are several other limited trading pairs, such as IOST/ETH and IOST/BTC, among others.

Popular trading platforms for IOST cryptocurrency are Binance, Huobi Global, and Gate.io. Other platforms include Kucoin, Bitmart, Bittrex, and Bitrue.

Below is a detailed list, sourced from CoinMarketcap, outlining all the trading pairs and cryptocurrency exchange platforms that support IOST token trading for reference.

IOST Price Prediction 2022 - 2031: Is IOST A Good Investment? 1

IOST Price History

The price of the IOST token has experienced several price fluctuations since its launch. The general price of the token has been stable, with wide gaps between the highest price and lowest price within a year. The token’s price shot steadily after its launch, sparking interest across the crypto space.

However, the buying power began to decline as time progressed, and the price fell below its launch price. The token has been experiencing strong resistance since then; however, it finally broke into bullish territory in 2021. The price then recorded a significant price rise and falls until April 2022, when it broke below the support line again.

The IOST token recorded its ATH in Jan 2018 when it traded at an average price of $0.1365. The token’s price then went on a downward spiral to record its All-time low price of $0.001562. Based on the analysis, the current price of IOST represents a 91% drop from its ATH and a 653% gain from its all-time low. Despite these figures, the current price of the IOST token translates to an overall Return on Investment of -49.97%, implying a loss.

IOST  Technical Analysis

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Source: CoinMarketCap

Within the last 24 hours, the general price direction of the IOST token is upwards. The cryptocurrency has registered minimal gains indicating a struggle between the bears and the bulls. Although the bulls may be winning, there is a lot more to consider, such as the prevailing price, trend, trading volumes, and the overall price chart analysis.

The minimal price increase recorded within the past 24 hours is accompanied by a significant decline in trading volume within the same time period. The current trading volume of the IOST coin is $6,965,389.22, representing a 41.93% drop within 24 hours. The current IOST token has an overall market dominance of 0.02%, with a market cap rank of #127 on the Coinmarket cap.

The price chart analysis indicates a possible trend reversal that could lead to a bullish trend. The ISOT token will most likely break out of its resistance line soon, and prices are expected to continue rallying afterward.

IOST Price Predictions by Cryptopolitan

The price forecast for IOST, according to Cryptopolitan’s analysis, is bullish. The projected prices show a steady upward trend from 2022 to 2031, implying that the IOST token could be a fantastic cryptocurrency to hold for the long term. The predicted price of IOST in 2025 is $0.048. Further price forecasts show that IOST could trade at $0.29 by 2030. Here is a plotted graph to show the predicted price of the IOST token as predicted by Cryptopolitan. Below is a detailed price forecast of IOST from 2022 to 2031.

IOST Price Prediction 2022

Our IOST price prediction for 2022 is a maximum of $0.015. We can expect the IOST price to be around an average of $0.014 and a low of $0.013 for the same year. The prices are relatively steady as minimal price volatility is witnessed.

IOST Price Prediction 2023

Our IOST price prediction for 2023 is a maximum of $0.023. We can expect the IOST price to be around an average of $0.020 and a low of $0.019 for the same year. The price of IOST begins to gain strength around the $0.02 mark. The trading volumes begin to increase steadily, signaling the bulls are beginning to overwhelm the bears.

IOST Price Prediction 2024

Our IOST price prediction for 2024 is a maximum of $0.033. We can expect the IOST price to be around an average of $0.029 and a low of $0.028 for the same year. In 2024, the prices begin to gain momentum, as witnessed by the apparent price increase. Despite the relatively slow growth, the IOST token maintains an upward trend and confirms a solid bullish momentum that sparks faster growth of the token.

IOST Price Prediction 2025

Our IOST price prediction for 2025 is a maximum value of $0.048. We can expect the IOST price to be around an average of $0.042 and a minimum value of $0.040 for the same year. The prices begin to thrive as more crypto enthusiasts take an interest in the token. The chart analysis shows a strong bullish trend that could easily spill over to subsequent years.

IOST Price Prediction 2026

Our IOST price prediction for 2026 is a maximum of $0.069. We can expect the IOST price to be around an average of $0.058 and a low of $0.056 for the same year. An exponential growth rate is witnessed in the predicted price chart. The predictions show an increased demand for the IOST token, which translates to an increase in the value of the IOST token.

IOST Price Prediction 2027

Our IOST price prediction for 2027 is a maximum of $0.095. We can expect the IOST price to be around an average of $0.084 and a low of $0.081 for the same year. The prices continue in an upward trend as more strength is recorded for the IOST token. The predictions remain positive throughout the year as the token’s bullish strength continues to increase.

IOST Price Prediction 2028

Our IOST price prediction for 2028 is a maximum of $0.140. We can expect the IOST price to be around an average of $0.120 and a low of $0.110 for the same year. There is a noticeable gap between the minimum price and maximum price of IOST in 2028. The price prognosis indicates a massive surge in price volatility. The fluctuations are interpreted to be the leading cause of the widened gap.

IOST Price Prediction 2029

Our IOST price prediction for 2029 is a maximum of $0.200. We can expect the IOST price to be around an average of $0.170 and a low of $0.170 for the same year. The price projections remain bullish, although there is a reduction in price volatility.

IOST Price Prediction 2030

Our IOST price prediction for 2030 is a maximum of $0.290. We can expect the IOST price to be around an average of $0.250 and a low of $0.240 for the same year. The upward trend continues steadily in 2030, indicating the strength of the bulls. The trading volume is predicted to increase as more activity is recorded on the IOST blockchain ecosystem.

IOST Price Prediction 2031

Our IOST price prediction for 2023 is a maximum of $0.420. We can expect the IOST price to be around an average of $0.360 and a low of $0.350 for the same year. The value of IOST records a steady increase, and it is predicted that the token could break past the $0.4 market. Recording impressive profits for long-term holders.

IOST Price Prediction by Walletinvestor

The Wallet Investor platform has a bearish prediction for the IOST coin. The platform predicts the cryptocurrency will lose value over time, terming it a bad investment. Based on their one-year forecast, IOST crypto could trade at an average price of $0.000798 by October 2023.

The price forecasts for the IOST token indicate a significant price decline from the current price. Based on these forecasts, crypto enthusiasts shouldn’t buy and hold the IOST token for the short term.

IOST  Price Predictions by Industry Influencers

The IOST blockchain’s ability to enhance scalability is a massive boost to the blockchain. The network provides real-life solutions to the blockchain community, asserting its authority within the industry. Besides the price predictions that show the predicted average IOST price for several years, there has to be increased adoption of the IOST technology for the price increase to become a reality.

The IOST ecosystem continues to garner followers within the crypto space. Many enthusiasts, as well as blockchain developers, are continuing to appreciate the speed, scalability, and security of the platform. Industry influencers have backed the IOST coin as a progressive cryptocurrency with the potential to record maximum price gains. Here is a Tweet that demonstrates the sentiments of crypto industry influencers on the IOST cryptocurrency.

Conclusion

The future price of IOST, as predicted above, is generally bullish. The token’s price is predicted to rise steadily following the increased adoption of the IOST ecosystem as well as the price action analysis conducted on its chart. The IOST platform enriches the blockchain community with its impressive implementation of novel blockchain infrastructure, producing a fast, secure, and scalable blockchain ecosystem to enhance service delivery within Web 3.

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

Source: https://www.cryptopolitan.com/iost-price-prediction/