Iris Coin: A Smart Investment Decision?

is iris coin a good investment

IRISnet (IRIS) is a blockchain-based cryptocurrency developed by Bianjie AI to provide small and medium businesses with a range of services. IRIS was trading at $0.0170 on 3 August 2024, with a 24-hour trading volume of 18.15 million, and has been predicted to reach $0.0438 by the end of 2025. In this topic, we will explore whether IRIS coin is a good investment.

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IRISnet's current value

IRISnet (IRIS) is a blockchain-based, open network designed to provide small and medium businesses with a range of services. IRISnet was named after the personification of the rainbow and the messenger of the Gods in Greek mythology, Iris.

As of August 2024, IRIS has a current value of $0.112977. In the last 30 days, IRISnet has increased by 35.08%. On 3 August 2024, IRISnet was trading at $0.0170, with a 24-hour trading volume of around 18.15 million, ranking it the 673rd currency in the crypto world.

IRISnet has a market capitalisation of $133,665,998.49, giving it an overall rank of #397 in the list of crypto, and a per-coin value of $0.1172. The circulating supply is 1,144,210,557 IRIS.

In the last 24 hours, the price of IRISnet decreased by -8.29%, with the 24-hour low being $0.27. In the last 7 days, IRISnet's highest price was $0.35. The highest price in the last 30 days was $0.35, and the lowest was $0.27.

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IRISnet's price predictions

IRISnet is a blockchain-based, open network designed to provide small and medium businesses with a range of services. IRIS, the network's native cryptocurrency, currently has a value of $0.112977, with a 24-hour trading volume of around 18.15 million.

IRISnet Price Predictions

According to DigitalCoinPrice, IRISnet's price is predicted to increase by 257.97%, reaching $0.0616 by the end of 2026. By 2027, IRISnet is expected to double in price, potentially reaching a maximum of $0.0774. In 2028, IRISnet is predicted to surpass $0.0774, with a minimum expected price of $0.0656.

In 2029, IRISnet is expected to cross a price level of $0.0877, with a minimum price of $0.0810 and a maximum of $0.0934. By 2030, IRISnet's price is predicted to reach $0.13.

It is important to note that cryptocurrency markets are highly volatile and unpredictable, and past performance does not guarantee future results.

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IRISnet's market cap rank

As of August 2024, IRISnet's market cap is approximately $23.57 million, with a current price of $0.01 per IRIS token. The circulating supply of IRISnet is 1.61 billion tokens, with a maximum supply of 1.99 billion IRIS tokens. The market cap rank for IRISnet varies across different sources and is updated frequently. Here is a breakdown of IRISnet's market cap rank from various sources:

  • CoinMarketCap: According to CoinMarketCap, IRISnet's live market cap as of July 11, 2024, is $20,659,224, and it is ranked #767 in market capitalization.
  • Coingecko: On Coingecko, IRISnet is ranked #797 by market cap, with a market capitalization of BTC458.1066.
  • Tokeneo: Tokeneo provides a total valuation of IRISnet's market capitalization at $133,665,998.49, placing it at #397 in the list of cryptocurrencies by market cap.
  • Cointobuy: Cointobuy assigns a Market Cap Rank of 96/100 to IRISnet, indicating that it may not be among the top-performing cryptocurrencies in terms of market capitalization.

It is important to note that market cap rankings can fluctuate rapidly in the volatile cryptocurrency market. Therefore, investors should consider multiple factors, including market cap, price trends, trading volume, and project fundamentals, before making investment decisions.

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IRISnet's safety rank

IRISnet (IRIS) is a blockchain-based, open network designed for small and medium-sized businesses. IRISnet was developed to bring the power of decentralised, open networks to thousands of businesses and freelance service providers.

As of August 4, 2024, IRISnet has a safety rank of 3.1 out of 10, according to Cointobuy.io. The main ranking factor for this coin is Market Cap. The current IRIS value is $0.112977, with a total market cap of $52.35 million. IRISnet's market cap rank is 96/100. The IRIS price is down 0.57% in the last 24 hours.

It is important to note that the safety rank is just one aspect to consider when evaluating a potential investment in IRISnet or any other cryptocurrency. Investors should always conduct their own due diligence, diversifying their investments and not investing more than they can afford to lose.

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IRISnet's potential price

IRISnet (IRIS) is a blockchain-based, open network designed to provide small and medium businesses with a wide range of services. IRISnet was named after Iris, the personification of the rainbow and the messenger of the Gods in Greek mythology.

As of August 2024, IRISnet has a current price of $0.01747 USD. The price predictions for IRISnet vary depending on the source and timeframe considered.

  • According to PricePrediction.Net, IRISnet's price could reach a maximum level of $0.0473 by the end of 2025. By 2030, the maximum price of IRISnet is predicted to be $0.3275, with an average trading price of $0.2768. In a bullish scenario, IRISnet might surpass the $22.15 mark by 2050.
  • DigitalCoinPrice predicts that IRISnet's price will reach $0.086532 by 2025. By 2028, IRISnet's value is expected to be between $0.069461 and $0.022783.
  • Cointobuy.io reports that IRISnet has a current value of $0.112977. The website predicts a potential future price of $0.275545, representing a +143.9% expected return.
  • Tokeneo reports that IRISnet had a price of $0.27 on April 9, 2022. As of July 12, 2024, the price has decreased to $0.06.

It is important to note that cryptocurrency prices are highly volatile and subject to frequent changes. These predictions should not be considered financial advice, and thorough research is recommended before making any investment decisions.

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Frequently asked questions

IRIS coin is predicted to be a profitable investment in the future. The current IRIS value is $0.112977, and it is expected to reach $0.275545, with a possible +143.9% return. IRIS has also increased by 35.08% in the last 30 days, indicating a positive trend.

The current value of IRIS is $0.112977.

The expected return on IRIS is a +143.9% increase in value, with the price potentially reaching $0.275545.

IRIS has shown positive performance in the last 30 days, with a 35.08% increase in value.

IRIS currently has a safety rank of 3.1 out of 10, indicating that it may be a risky investment.

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