IOTA (MIOTA) is the one of the biggest gainers in the day, and is up by over 15%. This is mainly driven by the increased positive momentum in the crypto market, and the huge number of good news surrounding IOTA at this point in time. Just a few day ago, Fujitsu released a publication detailing the use case of IOTA in the audit of manufacturing processes. This has given many investors lots of optimism in IOTA as an investment, and it’s now reflecting in its price.
But September looks set to be a better month for IOTA (MIOTA) thanks to some great events happening in this month. One such event is NewsCo event in Toronto on the 26th to 27th of September. While the event will entail all kinds of technologies, IOTA will be very well represented. Biotasphere will be presenting some amazing technological innovations related to IOTA (MIOTA). According to Terry, one of the people behind Biotasphere, they will be show casing some cool use-cases of IOTA. Take a look at his tweet below.
What’s even more interesting is that Terry mentions a few key companies that they will be presenting with during this event. Some of them include Uber, Airbnb and Shopify.
This is good news because it means that these companies could be working behind the scenes to integrate IOTA in their systems, since they do have a strong use-case for it. For instance, a company like Uber has a strong need for IOTA in driverless cars, an area that IOTA is already going strong. That’s because it is already working with companies like Audi and Volkswagen in developing autonomous vehicles that are anchored on the IOTA tangle. Similarly, ride-sharing companies like Uber can make use of IOTA in cutting costs in their systems. If during this event Uber or any of the other major tech companies like Airbnb announce that they are working with IOTA, it could easily push up the value of IOTA (MIOTA) by a huge margin. The gains will mainly come from the fact that IOTA is already gaining recognition from other key companies like Fujitsu and Volkswagen, hence cementing its position in mobility.
As its use case grows, more investors are beginning to realize its massive value relative to the rest of the crypto market. The internet of things is going big, and most processes across industries are embracing automation. And since IOTA (MIOTA) already has a head start in this area, its value is all set for exponential growth in the future. It literally has an infinite growth trajectory at this point. In the near future, payments will be instant and feeless, in an integrated ecosystem, all thanks to IOTA.
However, in the near-term, September is the month to watch. With this tweet from Biotasphere about Uber, IOTA (MIOTA) could benefit from FOMO buying in September. Chances are that it will break back above $1 in the course of the month. Long term, the sky is without a doubt the limit for IOTA (MIOTA).