ETH and IOTA are among the most popular cryptocurrencies in the market, but they have different features and use cases. ETH is the native currency of Ethereum, a decentralized platform that enables smart contracts and dApps. IOTA is a distributed ledger that aims to enable the Internet of Things, a network of connected devices that can exchange data and value.
Because of their popularity, many traders want to swap ETH to IOTA and vice versa. The question remains: is it worth investing in these two coins long-term?
This article discusses these two cryptocurrencies and their investment potential. Read on.
ETH Investment Potential
Ethereum is a promising platform that offers many opportunities for innovation, value creation, and social impact. ETH’s price often reflects the potential and performance of the platform.
ETH is also one of the most popular and liquid digital assets in the crypto market, with a market capitalization of over $200 billion as of March 2023. It has been the second largest crypto, just behind Bitcoin. It’s bound to continue to be relevant, thanks to the constantly-improving underlying technology and scalability.
One of the major events bound to attract more investors is the switch to Ethereum 2.0. This upgraded version of Ethereum implies the main change — the switch from the PoW to the PoS consensus mechanism.
Perhaps, the most crucial factor that contributes to ETH having great investment potential is people. Ethereum has a vibrant and diverse community of developers, users, investors, and enthusiasts who support and contribute to the growth and development of the platform.
ETH Price Forecast
ETH is the second most popular crypto in the world. It even has something that Bitcoin doesn’t: real-world use, with hundreds of projects already built on top of the Ethereum platform.
Therefore, many predictions are already more than positive about ETH’s future price.
According to PricePrediction, ETH will be around $4,556 by 2025. The price will continue to rise in the years after that, reaching $31,879 in 2030. DigitalCoinPrice has similar forecasts, claiming ETH will be around $5,766 in 2025 and $18,246 five years after that.
ETH is super-popular, but other cryptocurrency pairs are actively traded, too. A great example of such a pair is AVAX vs SOL, as both cryptos currently have considerable potential for investors.
IOTA Market Performance
IOTA is a distributed ledger technology that aims to provide a secure, scalable, and feeless platform for the Internet of Things (IoT). It uses a novel data structure called the Tangle, which is based on a directed acyclic graph (DAG).
The Tangle allows transactions to be validated by other transactions instead of miners or validators, thus eliminating the need for transaction fees and increasing the network’s throughput and decentralization.
IOTA’s native token is also called IOTA but uses the MIOTA coin symbol, and it is used to transfer value and data across the network. IOTA has a fixed supply of 2.78 billion tokens, which were all created in the genesis transaction.
IOTA’s market performance has been volatile since its launch in 2015. IOTA reached its all-time high of $5.05 on December 22, 2017, during the peak of the crypto bull market. However, it also experienced several challenges and controversies, such as a network outage in 2020 due to a hacker attack and a legal dispute with the IOTA Foundation’s former chairman.
As of March 27, 2023, with a market capitalization of $560 million, IOTA ranks as the 79th largest cryptocurrency by market cap.
IOTA Price Forecast
Despite the bumpy road, IOTA remains a popular choice for many crypto investors. In fact, many forecast sites agree that it has a bright future ahead of it.
According to PricePrediction, IOTA will reach around $0.58 by 2025, which will increase to $3.56 by 2030. DigitalCoinPrice is also positive about MIOTA, predicting it will reach $0.66 in 2025 and then increase to $2.04 by 2030.
Is it Worth Investing in IOTA and ETH?
Investing in IOTA and ETH depends on your risk appetite, time horizon, and goals. Both cryptos have high volatility and uncertainty, which means they can experience significant price fluctuations in a short period of time. However, they also have strong fundamentals and potential for growth in the long term, as they are backed by innovative technologies and active communities.