IOTA, the cryptocurrency whose value grew almost 800% in a month, much more than the bitcoin

The striking growth of bitcoin in recent weeks has not been enough to quell the doubts generated by a market that offers huge returns but is not subject to regulatory controls.
However, the increase in its value has been overshadowed by the explosive rise of a much less known cryptocurrency.
This is the IOTA, an investment product that declares itself "the backbone" of the "internet of things" economy.
The value of the IOTA increased unimpressed 774% from the beginning of November to date.

This has raised the total market capitalization of IOTA to US $ 12,000 million, allowing it to enter the list of the five largest virtual currencies in the world (bitcoin, ethereum, bitcoin cash, IOTA, ripple), according to the financial information site MarketWatch. .
This happened after the publication of reports that several high-profile technology companies (including Microsoft) were coordinating efforts with the German NGO that monitors the IOTA to create a secure data market so that they are not wasted.