On 4th May, one of the world’s largest cryptocurrency trading platforms, Huobi had announced the listing of IOTA [MIOTA] on their platform. IOTA is the ninth largest cryptocurrency in the market. There has been a solid growth in the price of IOTA.
The announcement of IOTA Foundation on the ecosystem platform and the joining of the big players from the automotive industry have been seen as the main reason for the sudden surge in the prices of IOTA.
The price of IOTA has been rising ever since it has been listed in Huobi’s trading list. Another reason for the increase in the prices is the news that IOTA is going to be listed in Cobinhood listing, too. The team at IOTA has also announced that they are joining the MOBI consortium.
IOTA has been experiencing tremendous momentum in the cryptocurrency market as the price has been going up. In the last one day, we have seen a growth of 9.95% in the price of IOTA. At the time of writing, IOTA was comfortably trading at $2.40. IOTA is in the 9th spot with a total market cap of over $6.6 billion.
Huobi exchange is the second largest cryptocurrency exchange on the market. Huobi has announced that it will be listing IOTA on its platform on the basis of 24-hour trading volume. Huobi has listed over 200 cryptocurrencies on their exchange. China-based cryptocurrency trading platform, Huobi has a trading volume in the last 24 hours of a little over $1.8 billion.
Huobi has announced IOTA has been listed in Huobi Pro with the following trading pairs:
Marshal tom, an IOTA fan tweeted:
“The sudden growth of the prices is because of iota being listed in Huobi.pro”
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