IOTA cryptocurrency has been showing quite a steay price lately, but on December 3 its price significantly jumped. The currency has shown a 139% during past 7 days and a 35% increase during past 24 hours. The price of IOTA rose from $1,42 on December 2 to $2,2 on December 3 and the market capitalisation of the currency increased from $3,9 billion to $5,5 billion relatively.
Moreover, on December 3 IOTA passed all major cryptocurrencies with 24h Volume on Binance cryproexchange, moving to the 1st place, having reached the volume of more than $53 million a day, which is 3$ million more than Bitcoin did.
Binance active markets list
What could lead to such a significant and unexpected price jump of IOTA is that IOTA made an announcement in the official twitter account stating that the IOTA Simulation Environment of a decentralized Smart City Charging Network based on IOTA was released. As it is stated in the annoucement, the environment is able to simulate hundreds of nodes virtually to boost real-world deployment preparations.
A preview of the IOTA Simulation Environment of a decentralized Smart City Charging Network based on IOTA. This environment is able to simulate hundreds of nodes virtually to boost real-world deployment preparations. pic.twitter.com/yIN7vv6DYR
— IOTA (@iotatoken) 3 декабря 2017 г.
At the moment of press, these are main market parameters of IOTA:
- Average price: $1.92
- Marketcap: $5 336 559 167
- 24h volume: $354 563 000