Clint Walker, an attorney and renowned banker, has joined the IOTA Foundation as a member of the Supervisory Board. He will be responsible for the general oversight and guidance of the IOTA Foundation. Additionally, the head of financial relations for IOTA, Dan Simerman, will participate in the panel of ‘Blockchain & Crypto Advances in Financial Services’ at the Wall Street conference.
IOTA Dips but Long-Term Vision Remains Strong
On August 16, IOTA price spotted at $0.2439. However, in a period of 25-days, the price fell by a marginal amount of 3.86%. Similarly, in the past 7 days, the currency marked a substantial fall of 3.03% from $0.24133 on September 06. In intraday movement, the IOTA price has shown moderate momentum. It opened at around $0.238912 and with a slight breakdown of 0.10%, wrapped the day at $0.238681.
After the bull run over the last week, the currency is grounding slowly like most of the altcoins in the crypto space. According to the IOTA coin price prediction, the next resistance to look for lies at $0.2407. And on the downside, the IOTA price might find the next support around $0.2321.
The retail adoption of IOTA has increased immensely over the period. It is trying to form an ecosystem backed by the security and accessibility of blockchain and efficiency of IoT technology. The coin is currently facing a bearish market, but the future of the crypto is a bright one. Additionally, the team is working on strengthening the basics of the crypto.
