IOTA, why no pump yet

[Maslate]

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.

[Meta anggraini]

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.

[Hamphser]

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?

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.

[LUCKMCFLY]

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

The Tangle-powered project positions itself as a more efficient alternative to existing proof of work (PoW) and proof of stake (PoS) blockchains since it does not require transaction fees and does not "waste" electricity and computing resources.

Source: 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.

[Cute Doggo]

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.

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

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

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.

[coco23]

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

[andriarto]

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