Is IOTA the New Bitcoin?

[kreslik.news]

It’s hard to believe that less than two weeks ago, IOTA’s market cap was the ninth largest in the world. Since the beginning of December, the coin has been making bullish leaps and bounds–as of today, IOTA officially surpassed Ripple to become the fourth-largest cryptocurrency in the world, following after Bitcoin, Ethereum, and Bitcoin Cash, respectively.

The bullish runbegan on December 3rd, when a single IOTA token (officially called a “MIOTA”) doubled its valuation from roughly $1.40 to $2.80.  MIOTA tokens briefly peaked on December 6th around $5.45 before facing a correction. While the price of ... (read more)