IOTA High with Trinity Wallet Beta Release, Will New Announcement Skyrocket MIOTA

Lauren
May 30, 2018 Updated May 14, 2024
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IOTA is registering double-digit gains of over 16 percent that has it on the 9th position again. Leading the top 10 cryptocurrencies with highest gains, IOTA released the beta version of its much-awaited Trinity Mobile Wallet app which is fully-featured and user-friendly. On June 3, the community is also in for more details on Qubic whose first announcement in early May had IOTA price take a big hike.

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MIOTA in green, leading top 10 cryptos while taking the 9th spot from TRX

IOTA registered significant gains in the last 24 hours as it goes up to the $1.59. Just yesterday, it has been on $1.30. But now, it is leading the top ten cryptocurrencies with highest gains.

Bitcoin Cash (BCH), Stellar (XLM) and Cardano (ADA) are in double-digit gains as well. While Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Tron (TRX) are also in the green with a good percentage. not as much of a surge as IOTA.

The price surge also resulted in IOTA positioned on the 9th spot again which was taken by Tron a few days back. IOTA market cap is about $4.4 billion whose majority of volume takes place on Bitfinex exchange. Binance and OKEx are other popular names with prominent IOTA trading.

Also, read: Tron Coin Trending with Virtual Machine Launch, vSport Partnership & Apple Stock Listing

Beta release of Trinity mobile wallet app

IOTA foundation released its much-awaited Trinity mobile wallet app. Currently available on iOS and Android, the app is user-friendly, secure, and fully featured. Though there is no release date yet, a desktop beta version will be soon released.

Just a few days back, IOTA partnered with UNOPS which is a technical advisory wing of the United Nations.

The wallet comes with a seed storage featured with multiple accounts, quick transfers, 2FA, and pricing feature.

IOTA community has been working towards their own native network to ensure that they won’t have to rely on third-party wallet providers.

The blog post in part read:

“We thank the community for their patience during this process. We are confident that you will feel it was well worth the wait. The mobile beta is now live (desktop to follow shortly). Head over to trinity.iota.org and have a look.”

More details coming up about Qubic (Q) on June 3, IOTA price to surge high?

At the beginning of this month, IOTA took to Twitter to announce about Qubic.

According to Coinmarketcap, this news on May 3 has IOTA price go to $2.67 from $1.88 on May 2. Just the first announcement had IOTA take a good hike. Now, as the bulls have already gathered with its Trinity wallet app release, we can expect IOTA price to go even higher.

Do you think with these developments IOTA will soon go over its December high of $5.38? Share your thoughts with us!

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Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
Lauren, a blockchain, and a cryptocurrency strategist has created a project of crypto price predictions for each month.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.