The market is finally green after many days of falling prices. Most coins are up in the last 24 hours, but one coin is up a lot more than most other coins, IOTA.
At the time of writing, IOTA (MIOTA) is up 6.52% in the last 24 hours, now valued at $1.62. This price increase is affected by Bitcoin and Ethereum seeing some green, but those two are only up around 1.2% compared to IOTA’s 6.52%.
You can’t always put a single event or development as the sole reason why a coin is rising in value. But, in this case, one thing has definitely had an impact on this increase. Yesterday, the IOTA foundation announced in a blog post that the beta version of their Trinity Mobile Wallet has been released. You can check it out here https://trinity.iota.org/
IOTA hasn’t been the easiest cryptocurrency to utilize compared to many other like Bitcoin and Ethereum, because a user-friendly wallet hadn’t been created. But this is exactly what the Trinity Wallet is, a user-friendly IOTA wallet.
Image source: https://blog.iota.org/trinity-mobile-beta-release-c47e8babdc28