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IOTA The Only Winner In Top 10 After Porsche Partnership Announcement

IOTA the Only Winner in Top 10 After Porsche Partnership Announcement: Tuesday’s only winner in top 10 was IOTA, after the IOTA foundation announced it would work together with German automaker Porsche on the Program 4 project.

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IOTA, who is working on creating more solutions in real-world case usage, will work together with Porsche along with other startups on this program which is focused on smart mobility. This is not the first time that IOTA has partnered with an automaker. Earlier, it announced a collaboration with Volkswagen, one of the largest car manufacturers in the world, to work on smart cars and decentralized platforms.

Furthermore, in April IOTA revealed its partnership with a company called Elaad as it released the first charging station in the world where charging and paying can be done with IOTA.

Looking at IOTA token’s price action, it has been on a solid uptrend since it bottomed out on April 8th. The uptrend was confirmed once the price broke above the daily Ichimoku cloud on April 19th. The price is currently capped at the 61% Fibonacci retracement level at around $2.65. We could still see a pullback towards $1.89 before further gains towards $3.17 and $3.71 respectively.

This article was originally published on InvestDiva.com.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Kiana Danial

Kiana Danial is an award-winning, internationally recognized personal investing and wealth management expert. She is a highly sought-after professional speaker, author and executive coach who delivers inspirational workshops and seminars to corporations, universities and entrepreneurial groups. She is a frequent expert on many TV and radio stations and has reported on the financial markets directly from the floor of NYSE and Nasdaq. She is a weekly investment expert guest on Tokyo’s #1 Investment TV Show. She has been featured in The Wall Street Journal, TIME Magazine, CNN, Forbes, The Street, and numerous other publications. Kiana’s book "Invest Diva's Guide to Making Money in Forex" was picked by McGraw-Hill only two years after she first moved to the US, and was an immediate domestic and international success. At a young age, she has won numerous awards including Best Financial Education Provider at Shanghai Forex Expo in 2014, New York Business Women of Influence Honoree in 2015, and Pro Bono Humanitarian Award by IA Bar Association in 2013. Born and raised in Iran to a Jewish family as a religious minority, she was awarded a scholarship from the Japanese government to study Electrical Engineering in Japan, where she obtained two degrees in Electrical Engineering and researched on Quantum Physics in classes conducted in the Japanese language. Being the only girl and foreigner in her classes made her decide to dedicate her life to empowering minorities, especially women in male dominated industries. As the CEO of Invest Diva, Kiana’s goal is to empower and educate women to grow their wealth by investing like a ROCK STAR.

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