RWA’s first mover potential: IOTA is a decentralized platform designed to facilitate the Internet of Things by enabling the feeless microtransactions secure data exchange. Crypto News Flash Nov 12, 2024, article Iota Powers Realizes Tokenization in Abu Dhabi Global Markets "Neovision Wealth Management and Realize—two firms based in the UAE’s international financial center, Abu Dhabi Global Markets (ADGM) —announced the launch of the Realize T-BILLS Fund. The fund purchases units of American ETFs that focus on the country’s Treasury bills and converts these units into tokens that investors can buy, hold, and sell on the IOTA and Ethereum blockchains. At launch, the fund will focus on ETF offerings from the two dominant players: BlackRock with its iShares and State Street with SPDR.")
Bullish chart: Volume has almost doubled since the last Bull Run in 2021. The time from starting price at 2.13 through bottom and first bull run in 2021 is 973 days which has also hit this month to initiate the new bull run. A retrace up to EW Intermediate 3rd wave and .618 Fib could be in the near future with a 4X potential $1.49 to $2.13. The banana zone will possibly take the price to 4.31. Notice the grey box as target from January 13, to 27, 2025.
Bullish chart: Volume has almost doubled since the last Bull Run in 2021. The time from starting price at 2.13 through bottom and first bull run in 2021 is 973 days which has also hit this month to initiate the new bull run. A retrace up to EW Intermediate 3rd wave and .618 Fib could be in the near future with a 4X potential $1.49 to $2.13. The banana zone will possibly take the price to 4.31. Notice the grey box as target from January 13, to 27, 2025.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.