IOTA (MIOTA) has set a new goal to reach the $5 mark soon. IOTA Foundation intends to reach this goal with its partnership with NTNU and Nordic Semiconductors. The announcement was made by IOTA Foundation some days ago. The partnership will allow IOTA to set up several data marketplaces through tie-ups thus ensuring that IOTA reaches its full potential. The data marketplace will be used as a base to solve many real-world problems efficiently. It’s true that IOTA is still far from the top five but the platform has many projects that will guarantee its future in the cryptocurrency space.
IOTA (MIOTA) Price Today – MIOTA / USD
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The process of data selling and buying will become fast and effective with this new marketplaces. The value of the IOTA platform will increase significantly. Shortly after the announcement, the price of IOTA (MIOTA) increased by up to 10%.
The partnership between IOTA and Nordic Semiconductors is impressive because the company is one of the best in the electronic industry. The company deals with portable, wireless gadgets that are based on high technology. These gadgets can be used to access the internet using power chips that use ultra-low-power to give the them connectivity. The technology allows all the devices to connect to the internet. The company is also working with NTNU university to generate significant amount of data through the marketplace.
This is not the only partnership IOTA has had recently. The platform has also partnered with other big companies in and outside the mobility industry as reported by smartereum.com. The partnership with NTNU University will give students the power to use devices based on Nordic semiconductors to mine data that can be sold on the IOTA platform.
IOTA (MIOTA) Price Prediction
At the time of writing, IOTA was trading at $0.553258. This indicates a 10.79% fall against the USD and a 8.72% fall against Bitcoin. The trading volume within a 24 hour period is $54,161,746 and the market capitalization is $1,537,798,114. The next few trading sessions will determine if the price action will change or not.