Our "Crypto Bottom" Trade Signal has correctly identified a buy in point on the 25th of April 2018.
Using this buy in point and selling at today's price, you would have expected to net 38.93% PROFIT!!!
The increase in price may also be explained by positive developments including:
20 April: Fujitsu is set to introduce IOTA at the Hannover Messe trade fair in Germany this month. A Fujitsu Full Node that is connected to the first K5 Enterprise IOTA full node will be unveiled at the event.
20 April: The IOTA Foundation (IOTA) and InnoEnergy Scandinavia (InnoEnergy) signed a Memorandum of Understanding coming into effect this month. The two parties will collaborate on the development of smart community solutions and business model innovation
21 April: Fujitsu full node demonstrated at Hannover Messe trade fair in Germany. This allows for machine to machine payments and secure component tracking between robots.
30 April: IOTA Snapshot outline. This aims to reduce the size it takes for nodes to save the entire Tangle (to disk).
1 May: IOTA Ecosystem website is released. This includes an IOTA Development Fund that provides financial support to developers who make use of the IOTA platform.
(NEW) 2 May: IOTA Foundation (IOTA) joins Bosch, Groupe Renault, BMW, Ford, General Motors, ZF, and other mobility and Distributed Ledger Technology (DLT) leaders to form a new mobility industry consortium fostering joint development of DLT standards, pilot projects, and open source software tools.
(NEW) 3 May: IOTA Foundation is excited and proud to start the official unveiling of Qubic
(NEW) 2 May: Forbes publishes article on IOTA's price rise.
(NEW) 3 May: Huobi to list IOTA.
The positive news combined with the uptrend in prices from the general crypto markets can explain the increase in price.