The recent spike in IOTA is the validation by the market of their unique model in the eyes of the crypto-investor community. This is boosted by the announcement of the Microsoft partnership, and the non-existence in their protocol of transaction fees and congestion that currently handicap Bitcoin and Ethereum, respectively "
It may still be too early to position IOTA as a full challenger to Bitcoin and some of its products, but it is clearly another cryptocurrency that is making its way. Although no one has seen IOTA come since the beginning of December, he has definitely declared his presence.
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