Bitcoin Forum

BTC domination has been down to get 42% and almost all of altcoins are pumping significantly. If you look at the top coins, some of them got new ATH, most of them close to the new ATH but despite IOTA having a good project, what's wrong with IOTA? Why no significant pump? Is it still a good choice to invest in?

The issue with IOTA is that the team made many promises and nothing substantial was delivered, no one is using IOTA and the tangle technology that was promised, what we are seeing from most of these new blockchain is that they are delivering something, look at Ethereum, Solana, Avalanch, Binance Chain etc people are actually using the chain unlike what we have with IOTA.

1. Too many promises by the team
2. DAG is not a popular transaction system anymore.
3. IOTA full with BS

Those reasons are more than enough to explain why IOTA keep stable along with another stable coin like NANO. DAG coin already become a forgotten mechanism. I think that you can watch it based on the chart.

https://i.imgur.com/xnm0inh.png
source: https://coinmarketcap.com/currencies/iota/

I felt so bad with IOTA and it is very surprising how it turns like this despite that most of the old coins are pumping but this coin left behind.
How it becomes very unfortunate? I think there is a problem with the developer or this project might have already abandoned.

But anyway, I don't see this coin worth for investment, may the others as well. So, it finds no reason why it has to pump if no one else sees it or the project developers themself don't care about this anymore. This is their responsibility actually, not us. Nothing will happen if they don't take action and make use of the situation to help it pump.

Problem with rather old (but good) altcoins is "when hype is dead, there is nothing left to move price back up". There are far more better altcoins than back in 2017. Old altcoins cannot deliver good enough, anymore. Consider litecoin for example, it couldn't stay at top 10 even. It is pretty normal IOTA dropped in cap as well. Coins like Solana, Vechain offer a lot more hype.

i also have a same question to EGLD , the project looks preety solid , have almost 70% staked from totaly supply , they also have the next target about created ownself dex exchange , but, the price still same or even getting lower from a few month ago. so , my options , i just sell about half of my bag and try to find the "hot" things , u know like SOL , ZIL , MATIC , FTM . u may also must have to do that , rather than waiting and another competitors have a high chance to give a profit , because for me , in the end , i will back to hold bitcoin , but we totally know this time its altseason . we must fast before bitcoin dominance bounce back .

You can expect more drop for IOTA in the future because the hype for it has settled down and investors are moving towards coins that creates more volume. The price selling around $1.80 from ATH of $5+ , that shows some loss of interest there. I would invest in coins like polkadot, BnB .

I think IOTA has reached a good price to sell and needs specific signals to execute a buy order. IOTA's technology no longer surprises the community when projects built on DAG or sidechain with DAG are not secure and difficult to develop.
When looking at other projects that have the function of implementing smart contracts with DEFI, NFT applications such as Waves, Qtum or NEO, I see them with high potential because these projects are catching the market trend quite well.

I never really looked any further into IOTA when I heard that they could shut it down in an instant or that it is actually way more centralized than most people think. Is that the case or has that been improved upon in any way? As you say sometime in the past they also had a partnership with a huge car company if I remember correctly, but didn't deliver anything tangible to their users. Many years went by and it is still more a white paper than a software company making progress on their promises.

This pretty much give the reason why they can't pump because they have no solid reason why they will be pumped. How many projects are using their chain? Can you name at least one successful project? I guess, it is hard to drop a name, right? Without active use case, a project is hard to go up. They are lucky that they are still heavily traded in known exchanges like Binance and Bitfinex. They need to give something tangible progress to the public or at least long list of companies that are indeed using their network before we can see them soar high in the market.

IOTA still no pumping yet, but i think right after BTC going up again, IOTA will go up too.
Patience is the key, we just need to wait for now for IOTA to go up again.
On the contrary, i think this is the good time for us to buy more IOTA.

IOTA was a really high standard white paper project all the time. One of the best of the white paper only projects. As you said, I can't drop a name and I haven't hard or read anything about them or potential partners in a very long while. Even though they have nothing going for them as it seems, they are still quite high up in the ranking with their market capitalization.

to be fair, bitcoin is fundamental. so every rise or fall will definitely affect other cryptos. The important thing is, I don't hear any major updates from iota at this time. maybe they are working on something? I don't know either, let's see what they will do. if they can make a good update, of course the price will go up

People are still prefer NANO over IOTA. NANO is a better bet on DAG coin rather than IOTA. The chrysalis upgrade didn't bring good impact to the price of IOTA but this time it's still trading at the good price which is around $2 at this moment.
The migration already happened and i hope that there will be something big like the integration with defi.

I am very sorry for the current state of the crypto currency market. Studies with real projects like IOTA do not see the value they deserve. Besides, litter dog coins are pumped too much. Maybe a bear market is needed, and then projects like IOTA might attract attention  :-[

Maybe because IOTA was NOT the first coin of its type of blockchain (DAG)? At least from what I recall, it was a dagcoin but hard to keep track of all the developments and switch of protocol/consensus algorithm nowadays.

Iota was pretty cool for the time, maybe these alt alt altcoins will have a day in the far future?

Domain BTC.D is falling well and that is the advantage of altcoins. Money flows move from crypto to crypto during altcoins season. So be patient and hold your IOTA as it may one day increase in value quickly. The crypto market is currently moving unpredictably as the old cryptocurrencies, the top cryptos have grown rapidly.

Is NANO a NANO a direct competitor of IOTA or what is the difference between them?

I am still surprised IOTA is standing strong among the top of Coinmarketcap. They aren't top 10 or so, but still it is difficult to even stay where they are in times when any project can get to $10 billion.

Idk what the hell you need to say sorry, it's not even your fault so you don't need to sorry to anyone. IOTA pump or not, it's only just because their project isn't attracted yet. If anyone bought IOTA when it crashed after 2018, you should be earn much profitable even though the price isn't pump like crazy just like SHIBA or DOGE

I actually think that IOTA has a good vision and a good product.

Targeting IOT and having no transaction fees are definitely great upsides to their token. However, their marketing is almost nonexistent and they simply do not have a robust PR team at all.

Also, I think that the numerous bugs that they had in their earlier clients also meant that their reputation is slightly tainted. People saw disappearing balances and unstable networking, and that was obviously not a great look on their part.

It's a great idea with terrible execution, and it's just so hard to hype up when people don't even hear from you for half a year or two.

With this coin, I rate it as one of the few that shows more technological capabilities than the financial sector. So that's part of the reason I've always had great faith in this project in the future, and just be patient with it, I believe the results will come.

- Technology and potential are not as important as presence in the crypto community and with such popularity, so few pumps is understandable because a pump needs a lot of crowds to come together to perfect and improve profits, projects absent from such trends are unlikely to arouse investor curiosity. IOTA doesn't know how to form a few features or trends to compete, its pumps can only be created when the crowd lacks trends and needs some boring projects to find profit.

I also bought IOTA, but why do you say that it is not pumped, you look since January it has grown in x4 but this is not significant, there is simply no good news on this project.

IOTA's price per day has reached $ 1.86 per day, which is still stable and hasn't increased significantly, the reason IOTA's price hasn't been pumped yet, because IOTA's volume is still not so high and the very significant decline from BTC and almost all other altcoins has decreased very drastically.

I have not seen IOTA analysis for a long time, it is a currency that is difficult to find analysis in articles, in fact tradingview is the only source that I get analysis that has been very accurate, now that the market is in an uncertainty where thoughts reign bearish on the part of many, I think it's a good time for IOTA to stand out:

https://i.imgur.com/fH2BTHt.png

Source: https://www.tradingview.com/chart/IOTAUSD/1guzcF8B-IOTAUSD-a-small-step-forward/ (https://www.tradingview.com/chart/IOTAUSD/1guzcF8B-IOTAUSD-a-small-step-forward/)

Perhaps the IOTA pump is starting to generate, many altcoins are re-emerging in full correction of Bitcoin, also not much news has been heard about this currency, it may already be time for investors to see IOTA with the same potential that it had in 2017-2018.

It seems IOTA has currently no hype because only such coins like Doge, Safe Moon and Shiba Inu are focussed.
Interestingly such Memes coins have very little value and almost no use case. I see some value for Doge becouse it is eastablished for a long time. But honestly, for Safe Moon and more Meme coins, no use case exists.

Right now, it seems a bear market is happening and probably, coins focussing on solutions will be better rated in a bear market when more educated people are buying coins and less hype happens. IOTA should always a top pick because it is a coin focussed on solutions.

I guess he was a short term holders of IOTA. The growth of IOTA was not so big as another token in the market.
The good news has been coming since last year but it can't bring FOMO to the IOTA as it lacks of interest from the readers to buy IOTA.
IOTA needs big movement to bring FOMO again. I think that the developers are still working on it but long term hodlers are still get nothing.

Dude, how the hell you compare IOTA with something shitcoin like DOGE, SHIB and Safemoon? Indeed those 3 coins are popular right now as people fall to whatever Elon said about them. IOTA is far more deserved to go higher than now instead those 3 coins which don't have any value at all as they are only meme coins.

Yes, it's a big problem, people only buy Meme coins but don't buy coins where a real advanced platform is build. It's sad to see, devs working hard (like at IOTA) are not rewarded because everyone buys useless Meme coins. I made a summary about it here: https://bitcointalk.org/index.php?topic=5339487.0

So far some technical analysts are betting that IOTA could surprise, but in the face of so much uncertainty with BTC, if BTC falls further, the chances of IOTA making a bullish jump are less, but we must take into account that the analysis Below by a trader, see IOTA with a possible pump to 3USD, from 3USD to 5USD can occur at any time if BTC is in a bullish trend:

https://i.imgur.com/MrhE9FS.png
Source: https://www.tradingview.com/chart/IOTUSD/MauwdWJU-Every-CUP-needs-HANDLE-just-like-HEAD-needs-SHOULDERS/ (https://www.tradingview.com/chart/IOTUSD/MauwdWJU-Every-CUP-needs-HANDLE-just-like-HEAD-needs-SHOULDERS/)

Of course this analysis is long-term because when observing the chart it can be intuited that the movement may occur, for those who are investors, it is very useful, because if the analysis is taking into account the price of BTC for now, if BTC rises , it can happen much faster.

Nice summary on there, but unfortunately Elon isn't interested with other coin except bitcoin and Doge as he said that on twitter this morning. If you are hoping IOTA will pump because of Elon or in the short term, you are wrong

All short-term technical analysis is broken because of Bitcoin price drop. I noticed IOTA is the old altcoin like EOS and XTZ. What these cryptocurrencies have in common is that their technology is terrible and difficult to apply widely. IOTA has a not-so-rich community so it will increase in price eventually after Bitcoin has rallied.

one of my favorite altcoins that I hold, and I took action again after I sold at $ 2 a while ago,
I still see the potential for IOTA to go again to $ 2 or more, now it is still holding in the $ 1 support area, of course this is a bargain for IOTA ,
buy then hold and don't be regret if you don't collect these coins.

You are right, the thing is that short term analysis is usually so volatile, because BTC is recovering, it may now be in a swing price of $ 36k and $ 37k, although a major move can cause it to stagnate if BTC It rises a lot or falls, IOTA is a currency that reacts to the movements of BTC, when it is falling it has been seen that its price fall is instantaneous, but if the price of BTC rises, it remains to be expected that investors will shelter their money in IOTA . Some are showing that IOTA can be a good option when it comes to investing, in my case it is difficult for me to trade in scalping mode, I am not at that level yet.

I think this is possible, many project would be more interested for Investor rather than stay for an old project like IOTA.
If the team couldnt fulfill the investor expectation, ofc they will leave the project.

IOTA was suppose to have developed into something more useful . Unfortunately, they have not succeded in many of their projections! I was actially hoping IOTA would have developed a fee- less structure for transaction and be at the fore-front of decentralization yet, IOTA is not there presently. Development is directly correlated with value and market price.

but all crypto currency in the market is affected even below of the top 20 as i saw it in coinmarketcap.. A friendly reminder mate don't ever base on some site that showing false information about the market. Of course there are some project that still good at trading despite of the situation but be careful because its still don't have chance to surpass the current resistance as the market still down and not yet fully recovered..i prefer to visit coinmarketcap for accurate results..

I still remember when it was in 2017 when the news about iota in collaboration with Microsoft made the iota price increase drastically.

After that day, it seems that I have never seen a high enough price movement of this coin, I think a lot of promises were not kept on the part of the dev, making it difficult for the price to go up.

Maybe he was buying IOTA when the price already touched the peak price. I do agree with OP when another coin was giving very good performance and then IOTA is still getting stuck at the same place. So many big updates already rolling out and the price is not even moving to break another ATH.
There's something wrong with this coin dude. I think that you can visit IOTA blog and you will find lots of news about that

IOTA and 99% of all the coins that launched in the year before the 2017 rally I guess. I mean, I still think it's a pretty good coin but they probably spent a lot of their marketing wrongly, which of course isn't a unique mistake to them.

Everyone focused on the tech and the TPS. Forgot that people don't care and want to only use it or speculate it.

According to its graph, it has not broke its ATH yet.

https://coinmarketcap.com/currencies/iota/

Maybe there's a big reason, but if you'll ask me, its price is already huge given that this project has over 2 billion total supply.
I thought the price is overvalued from the very start.

Why you think IOTA is overvalued from the start? Isnt the project was a good one?
Even i realize some promises from the team looks like a BS.

Your choice since its your money and when it comes to investment decision then its up to someones action neither he would really be waiting up or would just simply skip out.

We have seen lots of projects in the market which are actually undervalued and it do really make out some questions on why it hasnt pumped yet even you do saw that it is
actually a good one.

Questions like these are common and asking about why it hadnt pumped? It all matters with interest and demand.

Well, IOTA is already launching its Network update, this can be very good for investors, as their interest in the currency will begin to grow, if there are certain incentives and innovations this makes investors think that they can shelter their money there in front to any type of crisis or haven of money:

IOTA Launches First Fully Decentralized Network


Source: https://u.today/iota-launches-first-fully-decentralized-network (https://u.today/iota-launches-first-fully-decentralized-network)

If the BTC market continues its recovery pace, IOTA may naturally have its bullish rally, also with this update the word is spreading and helping it continue to rise and boost.

I have not said about Elon will mention IOTA. He probably don't even know because he's not very educated about good coins. For example, he also hasen't mentioned Avalanche, which is in addition to IOTA a very good coin. It really looks like many people don't do research about good coins and Elon is a person not doing good research.
Instead he shills shit coins, which are not very good coins.

IOTA hasn't reached it's old ATH, in fact it didn't even come close and maxed out at half of the price. This is no sign of strength and there is no indication that it might change in the near future.
Personally I sold my IOTA when cleaning up my crypto holdings in the last months but will continue to observe it. The chart looks pretty bad currently, but who knows what will happen ni the future :)

This is also felt by other investors, where it is very difficult to predict the market until now, unless there will be news stating that there are investors who will invest heavily in the coin, at least we can see the pump happening, even though it will dump again some time later , like Elon Musk