AMA on X

There are two perspectives on how the price of IOST is determined.

Fundamental Value: This approach looks at on-chain metrics, project performance, and financial indicators of IOST. Over the long term, factors like supply and demand, tokenomics, use cases, project roadmap, and relevant regulations or governance can all affect IOST's value.

Price Action: This perspective primarily involves using technical analysis tools like chart patterns, MACD, RSI, and Bollinger Bands to forecast price movements of IOST based on past trends, based on the principle that 'history tends to repeat itself.' Price action of IOST is also affected by news, announcements, and the general sentiment of the community.

While long-term investors focus on the fundamentals, short-term traders typically rely on technical indicators. Both can influence the price of IOST.

IOST reached an all-time high of $0.1298 in 2018-01-24, while its current trading price is $0.003514.

IOST reached its historical low of $0.001603 in 2018-01-24.