What you need to know about: IOTA Internet of Things Token
OTA posted the largest ever single day market-cap cryptocoin valuation after its first day of trade with a valuation of 1.6Billion.
Since trading opened on Bitfinex, the price has been falling and has largely been on a downward trend.
It seems many of the original backers have been looking to secure some of that early profit before the continued and largely uninterrupted downward trend steals any more value. Surely, many IOTA ‘believers’ are looking to enter again cheaper or once the trend shows signs of a confirmed reversal.
IOTA looks to be a great long-term hold. The project fundamentals and dev team are solid but it could very well be a shaky ride in terms of price movement along the road to important development milestones, awareness and finally mass adoption.
SOURCE:
Please refer to: https://dapp.tech/iota-tangle-record-breaking-exchange-launch-future/
Seems like IOTA is the most promising blockchain tech for Internet Of Things. Thanks for the article!
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have a look at dapp.tech these guys are great they have some more ICO coin reviews too.
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