The no. 97 cryptocurrency by market capitalization, IOST (IOST-USD), is up big today after announcing a new listing on the FTX exchange. IOST price predictions are all over the place today as the crypto soars more than 30%.
So, what are the details of this IOST news?
Well, as per a tweet this morning from @IOST_Official, IOST will list on the FTX trading platform this week. Indeed, IOST will be live on the exchange at 9 a.m. Eastern this Friday, April 1. New listings are always strong news for growing cryptos, and this appears to be the catalyst behind IOST’s jump today.
With IOST sitting at about 4 cents per coin, lets see what the experts think about the crypto’s potential going forward.
IOST Price Predictions: What’s Next for IOST?
- Wallet Investor believes IOST is a solid short-term and long-term investment. It set a one-year forecast of 5.6 cents per coin and a five-year price target of about 13 cents.
- CryptoNewsZ is a bit more conservative on IOST. It set an average 2022 price prediction of about 3 cents per coin and a 2024 price prediction of 4 cents.
- Finally, DigitalCoinPrice is unabashedly bullish on IOST. It set an average 2022 price target of nearly 6 cents per coin and a 2024 prediction of about 7 cents. By 2027, it expects IOST to cross the 10 cent threshold for consistent long-term growth.
On the date of publication, Shrey Dua did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.