I know most people don't even know or have heard about this currency (and neither did i until one hour ago) but apparently it is going to revolutionalize the internet of things market helping with machine communication or something I'm not quite sure what i read but it's along those lines.
What surprised me is that it has a market capitalization of over $1.7 Billion! And today close to $20 million(Past 24hrs) worth of IOTA have been traded.
Do you trade IOTA? Let me know in the comments.
© bitcoinist.com
It's not hard to have a top market cap. Pre-mine billions, even trillions, of tokens out of thin air. As soon as they're worth something, you'll have bigger market cap than Bitcoin. Does that mean it's a valuable coin? Of course not.
I bought little bit, let's keep eye on the market.
10 things about Iota here:
https://steemit.com/iota/@aivanouski/hi-i-m-iota-what-where-when-how-is-usd-1-7-billion-the-6th-place-on-the-market-cap