Since announcing the new token economy in September 2023.
Accordingly, IOTA is entering a new phase called IOTA 2.0, which includes support for blockchain smart contracts, the construction of layer-2 and DeFi solutions, and the increased use of MIOTA tokens, among other changes.
During 2017-2018, IOTA was one of the most well-known blockchain projects.
Once the relevant news came out, the price of the IOTA token immediately experienced a strong rise.
An JYS’s IOTA price soared from US$0.1633 to US$0.2899, an increase of nearly 75%.