IOTA is Flagging Down Despite Network’s Positive Developments
IOTA has lost its 18% gains this month and added 5.0% losses to $0.145 per coin. This is disappointing as the project is developing. Its Stardust upgrade has received crowd’s warm welcome. Its cooperation with Taiwan on digital Identity solution is also a positive sign of development. Fundamentals of the coin are also improving with the share of whales increasing.
The general negative sentiment is seen much stronger to overshadow positive developments of the project and push down risky assets’ prices. IOTA prices has dropped below the support at $0.15. There are more technical signs of further decline. So, prices may dive much deeper to $0.10 per coin.
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