IOTA (MIOTA): Price Weekly Update: Floating over $1.73

IOTA (MIOTA): Price Weekly Update: Floating over $1.73

In the course of recent weeks, the build-up around IOTA (MIOTA), has decreased and it is nowhere near what it was in the long stretch of January, this year. MIOTA soared high on January 03 at 4.13 USD. So far it hasn’t been able to reach that level again but remains steady in the range of 1.34 USD to 1.80 USD without much trouble.

A review of IOTA (MIOTA) over the week shows  MIOTA at 1.57 USD on May 25 after which it goes downhill and currently stands at 1.73 USD. Although IOTA (MIOTA) has dropped by 0.16 USD over the week it is still unsure whether MIOTA will go upwards or downwards in the coming days.

There has been a drop of 6.59% in the last 24 hours and MIOTA faces resistance at 1.73 USD mark. As of now, it stands on the 9th rank with a market cap of 4.8 USD billion.

In other news,  IOTA (MIOTA) has released its much anticipated Trinity Mobile Beta. The launch of the new wallet has been received with a lot of enthusiasm from the IOTA community.  The new wallet can be used on both laptops and mobile.  In order to evade the problems which are usually faced by new clients, the wallet will provide the users with a template and information on how to use the wallet. Other features that will be provided by the waller include pre-set viewing of transactions as bundles, an automatic value conversation of crypto to fiat and transactions which will stop users from making two transfers together and will help in avoiding null and void transactions.

Furthermore, the wallet will possess three types of modes-  Minimal, Standard and Expert mode. It will enable the users with the variation in the visibility of technical information. If, after a certain duration a transaction is not confirmed the wallet will automatically re-attach the transactions. Additionally, Trinity also has a two-factor authentication and transaction pin code and comes with a design which gives it the capacity to develop new plugins.

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Madhuri Arora
A passionate writer and an avid reader. I love watching action and superhero movies. Love food, music, travel and games.