Iota is up 100% this year, but in a brutal downtrend since its binance listing.
Iota has great fundamentals but hype and a misinterpreted microsoft partnership pumped the price to unhealthy levels.
One of the important points to determine iotas potential future lows is the all time ROI and iota is up +1278% since its ico which is the second most successful ico after nxt.
Since the iota tokens sold at a really low price at its ico the low term correction still has alot of downward pressure.
TLDR: Great fundamentals but still highly overvalued at +65024% ROI. And always made a new low after a 100% upside push.
No financial advise!
Iota has great fundamentals but hype and a misinterpreted microsoft partnership pumped the price to unhealthy levels.
One of the important points to determine iotas potential future lows is the all time ROI and iota is up +1278% since its ico which is the second most successful ico after nxt.
Since the iota tokens sold at a really low price at its ico the low term correction still has alot of downward pressure.
TLDR: Great fundamentals but still highly overvalued at +65024% ROI. And always made a new low after a 100% upside push.
No financial advise!
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.