Key takeaways:
- IOST price may reach $0.0079 by the end of 2024 with an expected average price of $0.0072.
- By 2027, IOST may potentially achieve a peak price of $0.0246.
- By 2030, IOST might touch $1.66 with an average trading price of $0.0749.
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 the ability to process up to 20,000 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.
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.
What does IOS Token’s future look like? Let’s get into the details.
Read: IOST DeFi roadmap pushes adoption further in $7.5 billion plus industry
Overview
Cryptocurrency | Internet of Service Token |
Token | IOST |
Price | $0.005809 |
Market Cap | $124,000,988 |
Trading Volume | $5,810,901 |
Circulating Supply | 21,315,000,000 IOST |
All-time High | $0.1298 Jan 24, 2018 |
All-time Low | $0.001603 Mar 13, 2020 |
24-hour High | $0.005941 |
24-hour Low | $0.005804 |
IOST price prediction: Technical analysis
Metric | Value |
Volatility | 9.58% |
50-Day SMA | 0.007245 |
200-Day SMA | 0.009357 |
Sentiment | Bearish |
Fear & Greed | 33 (Fear) |
Green Days | 16/30 (53%) |
IOST price analysis: IOST upgrades to $0.005809 amidst upside
TL;DR Breakdown
- The IOST price analysis confirms an uptrend.
- The coin value has spiked up to $0.005809.
- Support is being provided at the $0.00514 end.
According to the latest IOST price analysis for July 13, 2024, the bulls are ruling the market. The buying activity has been intensifying quite persistently since the past week. The buyers remained secure on the leading end today as well, as a strong rush in bullish pressure was observed. The coin value has improved up to $0.005809, considering the latest bullish spike in the past 24 hours.
IOST/USDT price analysis 1-day chart: The upswing intensifies as IOST surpasses $0.005809 hurdle
The IOST price prediction confirms rising bullish pressure for the day. The market has retained its bullish sentiment since the past week because of the consecutive bullish victories. In the past 24 hours, a further aggravation in the bullish momentum has been observed. Thus, the coin value has successfully reached the $0.005809 target following the rapid upside during the day. Similarly, a subtle rise in the Moving Average (MA) indicator’s value has been observed. Currently, it is present at $0.00562 because of the continual bullish swing this week.
The volatility is increasing, a relatively negative signal for the coming days. Whereas the upper end of the Bollinger bands indicator has switched to $0.00693 high, marking a strong resistance threshold. On the other hand, the lower Bollinger band dictates its value at $0.00514 extreme, confirming the available support. The Relative Strength Index (RSI) indicator confirms the rising bullish momentum over the past 24 hours. Its curve is highly bullish, as its overall value has climbed up to index 40.10.
IOST price analysis 4-hour chart: The price revives to $0.005809 after a bullish takeover
As per the hourly price prediction, a strong upswing has been observed over the past few hours. Considering the buying pressure, the bullish swing has been intensifying since the early hours of the day. The coin value has hiked up to $0.005809 considering the rapid upside in the past four hours. Side by side, the moving average indicator shows a subtle improvement in its overall value. Its value is now at $0.005752 because of the daily bullish pressure.
The four-hour price chart dictates rising volatility, which is a relatively bearish hint for the coming hours. Moreover, the upper end of the Bollinger bands indicator has switched to a $0.005821 high because of these changes in volatility. The lower end of the Bollinger bands indicator has moved to $0.005651, marking strong support. The RSI graph displays an ascending curve following the recent bullish wave. Its value has improved to index 57.83, which is quite close to the overbought region.
IOST technical indicators: Levels and action
Daily simple moving average
Period | Value ($) | Action |
SMA 3 | 0.006034 | SELL |
SMA 5 | 0.005923 | SELL |
SMA 10 | 0.005725 | BUY |
SMA 21 | 0.006203 | SELL |
SMA 50 | 0.007245 | SELL |
SMA 100 | 0.008476 | SELL |
SMA 200 | 0.009357 | SELL |
Daily exponential moving average
Period | Value | Action |
EMA 3 | 0.006113 | SELL |
EMA 5 | 0.006265 | SELL |
EMA 10 | 0.006494 | SELL |
EMA 21 | 0.006945 | SELL |
EMA 50 | 0.007831 | SELL |
EMA 100 | 0.008625 | SELL |
EMA 200 | 0.009067 | SELL |
What to expect from IOST price analysis
The IOST price prediction gives out support for cryptocurrency buyers for the day. In the past 24-hours, the coin value improved up to $0.005809 following the intense bullish activity. Whereas, the four-hour price analysis confirms an upturn as well because of the rising buying activity in the past few hours of the day.
Is IOST a good investment?
The future growth of IOST depends on different factors, including new tech solutions for IOST projects, legal situations, announcements, and the general crypto environment. Though there is no market consensus on future price movements, many crypto analysts, including Cryptopolitan, expect IOST to gradually increase its worth over the coming years. IOST blockchain is built on a consensus algorithm called “Proof of Believability” (PoB), and its price is expected to reach $0.0246 by the end of 2027, which, if it happens, would be a more than three-fold increase.
Why is IOST down?
IOST’s price moved up by 5.47 percent over the last week. The strong ascent observed over the last two days also played a crucial role, and the support has gained further stability. However, overall, the coin is trading at the lowest level of its price envelope with the current IOST price of $0.005809.
Will IOST reach $0.250?
If the broader cryptocurrency market turns bullish, IOST will also join the rally. As a token of a service oriented ecosystem and next-gen blockchain, it runs mostly on prevailing adoption. It is expected that the coin will touch this level by end of 2027 or at the start of 2028 if market sentiment remains positive.
Will IOST reach $1?
Considering IOST’s current value of $0.0058, $1 is still a far-reaching target. However, the robust community support and favoritism for this specific meme coin can push it to the $1 level after 2030.
Will IOST reach $5?
Despite the risk involved with cryptocurrencies, they can still shoot up on positive momentum. Cryptopolitans don’t see IOST reaching the $5 mark in the foreseeable future. However, it is worth holding as an asset for good profits.
Does IOST have a good long-term future?
IOST is down by more than 36% if observed over the last year, and more concerningly, the token value has deteriorated by more than 71% over the past three years. This scenario makes it a difficult choice, but on the other hand, there is no consensus on the positive or negative movement of IOST’s price action. A larger chunk of the market expects the IOST value to increase over the coming years, possibly reaching a maximum value of $0.122 by the end of the next year.
Recent News/opinion on IOST
- IOST Network announced the launch of Mainnet Olymps version V33.11.5 on July 1, 2024. The company claimed enhanced performance and compatibility upgrades as its blockchain innovation continued.
IOST Price Prediction July 2024
According to our IOST price prediction for July 2024, we expect a minimum price of $0.0045 and an average price of $0.0060. However, if IOST ’s growth trajectory persists, we predict its value could reach as high as $0.0075 at its peak.
IOST price prediction | Minimum price | Average price | Maximum price |
IOST price prediction June 2024 | $0.0045 | $0.0060 | $0.0075 |
IOST Price Prediction 2024
According to our IOST price prediction for 2024, we expect a minimum price of $0.0069 and an average price of $0.0072. However, if IOST ’s growth trajectory persists, we predict its value could reach as high as $0.0079 at its peak.
IOST price prediction | Minimum price | Average price | Maximum price |
IOST price prediction June 2024 | $0.0069 | $0.0072 | $0.0079 |
IOST Price Prediction 2025-2030
Year | Minimum Price $ | Average Price $ | Maximum Price $ |
2025 | 0.0102 | 0.0105 | 0.0122 |
2026 | 0.0143 | 0.0148 | 0.0176 |
2027 | 0.0212 | 0.0219 | 0.0246 |
2028 | 0.0295 | 0.0304 | 0.0366 |
2029 | 0.0430 | 0.0446 | 0.0505 |
2030 | 0.0613 | 0.0635 | 0.0749 |
IOST Price Prediction 2025
According to IOST price prediction for 2025, the minimum price of IOST will be $0.0102, while the average price will be around $0.0105. There is potential for significant growth in the value of IOST during this period, with the token possibly reaching a maximum price value of $0.0122 by the end of 2025.
IOST Price Prediction 2026
According to the price prediction for 2026, we expect the minimum price value of the coin to be $0.0143 and an average predicted value of $0.0148. We expect IOST’s price to surge to a maximum of $0.0176 by 2026.
IOST Price Prediction 2027
IOST price prediction for 2027 is a minimum value of $0.0212. with an average trading price of $0.0219. Based on the IOST price prediction for 2027, the price could reach a maximum of $0.0246 during the year.
IOST Price Prediction 2028
Based on our IOST price prediction for 2028, the IOST token is anticipated to experience a bullish trend with a predicted floor price of $0.0295 and an average trading value of $0.0304. The highest possible price for 2028 is estimated to reach $0.076, reflecting a significant increase in the token’s valuation.
IOST Price Prediction 2029
Our IOST price prediction for 2029 suggests that the minimum price level could be $0.0430. The IOST token will experience significant growth, with a maximum potential price value of $0.11 and an average projected value of $0.0446.
IOST Price Prediction 2030
According to our IOST price prediction for 2030, the cryptocurrency’s value may drop to a low of $0.0613 by year-end. However, we expect the average trading price to be $0.0635 and the maximum estimated price to reach as high as $0.0749.
IOST Predictions By Industry Experts
Firm Name | 2024 | 2025 |
Wallet Investor | $0.00350 | $0.000475 |
CoinGecko | $0.00415 | $$0.00389 |
Cryptopolitan’s IOST price prediction
Our forecast shows that IOST will achieve a high price of $0.0079 near the end of 2024. In 2025, the IOST price will range between $0.0102 and $0.0122. In 2030, the cryptocurrency will range between $0.0613 and $0.0749, with an average price of $0.0635. It is important to consider that the predictions can change at any time and are not investment advice. Professional consultation is suggested, or you can carry out your own research.
IOST historic price sentiment
- The price of the IOST token has experienced several price fluctuations since its launch. The general price of the token has registered high volatility over time.
- The token’s price shot steadily after its launch, sparking interest across the crypto space in 2018. The IOST token recorded its ATH in January 2018, reaching $0.1365.
- However, the buying power began to decline as time progressed, and the price fell below its launch price at the end of 2018 to $0.0131.
- The token experienced strong resistance since then and the price fell to $0.00983 in June 2019, and decreased further to $0.0054 in December.
- IOST traded below its opening price for the entire 2020 in a range of $0.00285 to $0.00673.
- The token’s price then went downward to record its all-time low price of $0.001562 on March 13, 2020.
- IOST finally broke into bullish territory in 2021. The price then recorded a significant increase to $0.07976, with the price spiking twice to this level within five months.
- In April 2022, the token broke below the support line again, reaching $0.0068 by the end of December.
- The IOST price remained low for the entire year 2023, touching the highest point of $0.01213 and dipping to the $0.007034 level by the end of the year.
- IOST started 2024 with a price of $0.0101, but soon its price decreased to $0.008185 in February.
- In late February, IOST started its ascend and peaked at $0.01358 on March 15, while maintaining near the same price level until April 11.
- The downfall started again in mid-April, when the price sank to $0.008732 in May.
- The token observed a continued slide for the month of June and is currently trading at $0.005809 on July 13.