IOTA is ranked at #18 behind Ethereum Classic as seen on coinmarketcap. The trading volume recorded is $3.276 million, while the supply has 2,779,530,283 MIOTA coins in play. As of this moment, the total market cap of IOTA is $684 million. MIOTA is priced at $0.246085 after a jump rate of 2.16% impacted the altcoin in the course of the past 24-hours.
— IOTA (@iotatoken) September 13, 2019
According to the data obtained from the chart linked to the IOT/USD pair on tradingview, one can note that bullish momentum has pushed IOTA forward at least for today. The final two peaks for the Awesome Oscillator have been formed under the zero line, although they have both been green.
This points to return for buying pressure. The MACD line has soared atop the signal line since 18th August, and it was about to sink on the 6th of this month. But this didn’t occur, and the histogram has remained green since then. The daily RSI is at 47.64 and might improve further within the next couple of days.
While the IOTA community has been strong and influential, there is a lot of negativity present in the ecosystem. u/IOTAATOI posted a message via Reddit spoke of the need of brotherhood instead of doubt. This might draw in many potential investors who are looking for a healthy and vibrant network.
However, not everybody agrees with this point of view. u/Disconcertingbending commented on the post stating that the Foundation has failed to deliver in terms of promises made at the time of inception. Though IOTA has been partnering up with key companies involved in technological advancements, coordicide is yet to be implemented.