IOTA price prediction amid supply increase announcement
IOTA (MIOTA) was among the worst-performing cryptocurrencies during the weekend, with a drop superior to 12% in 40 hours after an announcement by the IOTA Foundation (IF) that the token’s fixed supply would be changed, for a 4-year inflation of 39.58%. This recent announcement was faced with surprise by the community, and even among old-time supporters and contributors to the ecosystem, who always believed IOTA’s tokenomics were based on a non-inflationary and fixed supply of 2.78 billion MIOTA. “Out of all the major tokens, #IOTA is the only token economy without any inflation. There will never be more tokens. There is only a limited number of tokens.” — Dominik Schiener (@DomSchiener), Executive Director and Co-Founder of the IF, in 2021 Posted by Dominik Schiener, IF co-founder. Source: X How much IOTA’s supply will be increased? Cryptocurrency Ethereum Merge 1-year anniversary: 4 key insights you need to know Cryptocurrency Ripple moves ...