"Yet another Record. It’s a season of ‘fairytales’ in crypto land. Yesterday, IOTA made record has one of the fastest growing cryptocurrency ever. Added for trading to the infamous BitFinex exchange at 13:00 GMT, IOTA shot to the top 10 list hitting $1.5bn market cap in less than 2 hours."
WRONG, IOTA was an ICO before it hit the market, and it had raised that much money for weeks before. It didn't miraculously JUMP to $1.5 billion in 2 hours. Please get your facts straight.
Get your facts straight too. There was never an ICO. Just a crowdsale and internal trading. I got in too. But it didnt hit any exchanges which means their value was not publicly acknowledged until BFX traded them.
Btw, it was about $500m market cap before public trading. Hitting $1bn in few minutes was fast!