The incredible speed and volatility of cryptocurrency was on full display over the past few days with IOTA. At the start of November, IOTA was a relatively obscure coin that was trading at around $038. Today, its value is closing in on $3.28.
While there’s nothing unusual about minor cryptocurrencies experiencing huge spikes in their valuation, IOTA is exploding in a way that could only really be compared to Ethereum. IOTA has just leapfrogged veterans Litecoin and Dash to become the fifth largest cryptocurrency by market cap. And there’s no indication that it’s stopping there.
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