IOTA

Read

Coin

<p>IOTA has emerged as the frontrunner, claiming the top gainer spot on CoinMarketCap. Here’s a closer look at the driving forces behind this remarkable surge.</p>
<p>At the latest check, IOTA is valued at $0.231178, showcasing a robust 36.68% increase in the last 24 hours. The token’s trading volume stands at an impressive $183,138,284, marking a surge in investor interest and market activity.</p>
<p>IOTA’s prowess is underscored by its status as the top gainer on CoinMarketCap. A surge of 3088.41% in trading volume, totaling $221,163,617, further cements its position as a formidable player in the current market landscape.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="636" src="https://captainaltcoin.com/wp-content/uploads/2023/11/chart-27-1024x636.png" alt="" class="wp-image-388135" srcset="https://captainaltcoin.com/wp-content/uploads/2023/11/chart-27-1024x636.png 1024w, https://captainaltcoin.com/wp-content/uploads/2023/11/chart-27-300x186.png 300w, https://captainaltcoin.com/wp-content/uploads/2023/11/chart-27-766x476.png 766w, https://captainaltcoin.com/wp-content/uploads/2023/11/chart-27-1536x954.png 1536w, https://captainaltcoin.com/wp-content/uploads/2023/11/chart-27-2048x1272.png 2048w, https://captainaltcoin.com/wp-content/uploads/2023/11/chart-27-242x150.png 242w, https://captainaltcoin.com/wp-content/uploads/2023/11/chart-27-100x62.png 100w, https://captainaltcoin.com/wp-content/uploads/2023/11/chart-27-564x350.png 564w, https://captainaltcoin.com/wp-content/uploads/2023/11/chart-27-788x489.png 788w, https://captainaltcoin.com/wp-content/uploads/2023/11/chart-27.png 760w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<p><em><strong>Source: <a class="thirstylink" rel="noopener noreferrer nofollow" target="_blank" title="CoinStats" href="https://captainaltcoin.com/go/coinstats-3/" data-shortcode="true">CoinStats – Start using it today</a></strong></em></p>
<p>Behind IOTA’s meteoric rise lies a strategic move by the open-source blockchain developer. On November 29, IOTA announced the launch of the IOTA Ecosystem DLT Foundation, headquartered in Abu Dhabi. This foundation is poised to be a catalyst for the growth of IOTA’s distributed ledger technology (DLT) in the Middle East.</p>
<p>Notably, the new foundation carries significant financial backing—a whopping $100 million in IOTA digital tokens, gradually vested over the next four years. This substantial support aims to drive the accelerated growth of IOTA’s DLT and facilitate the transformation of real-world assets into digital counterparts, as articulated by Dominik Schiener, IOTA’s co-founder and chairman.</p>
<p>Read also:</p>
<ul>
 <li><a href="https://captainaltcoin.com/ripple-xrp-needs-to-exhibit-these-three-moves-to-go-parabolic-analyst/" target="_blank" rel="noopener noreferrer nofollow">Ripple (XRP) Needs to Exhibit These Three Moves to Go Parabolic: Analyst</a></li>
 <li><a href="https://captainaltcoin.com/how-is-tether-usdt-preparing-for-the-biggest-bull-run-in-history/" target="_blank" rel="noopener noreferrer nofollow">How is Tether (USDT) Preparing for The Biggest Bull Run in History</a></li>
 <li><a href="https://captainaltcoin.com/missed-out-on-pepe-this-could-be-the-next-10x-meme-coin-after-ico-hits-600k/" target="_blank" rel="noopener noreferrer nofollow">Missed Out On Pepe? This Could Be The Next 10x Meme Coin After ICO Hits $600k</a></li>
</ul>
<p>In summary, IOTA’s surge is intricately linked to the strategic launch of the IOTA Ecosystem DLT Foundation, signaling a pivotal moment for the blockchain project. With substantial financial backing and a clear vision for DLT growth, IOTA stands as a beacon in the evolving landscape of distributed ledger technology.</p>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/etoro-ca-1-oyc386si1bdrmhrff7xex5ngu4zikfy3ei6bk0rbb6.png" width="500" alt="We recommend eToro" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a>
   </div>
   <div class="product-summary col_item mobileblockdisplay">
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-etoro-target-_blank-rel-noopener-noreferrer-nofollow-span-we-recommend-etoro-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> <span>We recommend eToro</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20"><strong>74% of retail CFD accounts lose money.</strong>
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> Visit eToro Now </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Active user community and social features like news feeds, chats for specific coins available for trading. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Copy trading: allows users to copy thetrades of leading traders, for free. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>eToro offers staking for certain popular cryptocurrencies like ETH, ADA, XTZ etc.
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/why-is-iota-price-up-here-is-the-reason-behind-its-37-pump/" rel="noopener noreferrer nofollow">Why is IOTA Price Up? Here Is The Reason Behind Its 37% Pump</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Why is IOTA Price Up? Here Is The Reason Behind Its 37% Pump

목차

CaptainAltcoin

2023년 11월 29일에 게재된 다른 기사

The Forefront of Innovation: DWF Labs Announces 2024 Web3 Incubation Program

CZ Resigns as Chairman of Binance.US Board

Understanding the Surge in Short Positions for Two Popular Altcoins

Philippines securities regulator flags Binance for operating without license

Jack Dorsey Backs Decentralized Bitcoin Mining Pool OCEAN

Over 10,000 XRP Users Sign Up For Evernode Airdrop – What Are the Requirements?

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!