There is a lot going on around the topic of Bitcoin as 2018 is approaching. The massive surge of Bitcoin this year proved many analysts wrong. However, we should all learn more about cryptocurrencies instead on focusing on Bitcoin only.
A little known cryptocurrency is the perfect example why that’s the case.
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Its rise of 1000% in the past month alone, it is the fourth biggest cryptocurrency in terms of market capitalization after Bitcoin, Ethereum and Bitcoin Cash.
The prices of IOTA have surged more than 1000%, to $4.94 currently coming from $0.38 on November 7th. The e-currency had a rise of over 180% in December so far – and experts say that this rise may easily double by New Year.
If you haven’t heard about it, IOTA is a distributed ledger for the Internet of Things, which deals with micro transactions without fees and secure data transfer. Their partnership with Microsoft is probably the main reason for the surge over the past month. Founded in 2015 by David Sonstebo, Sergey Ivanchegio, Dominik Schiener and Serguei Popov, IOTA’s mission is to lead cryptocurrencies to a more secure future.
So, the best way to see IOTA is as one of the leading cryptocurrencies when it comes to growth – and a virtual currency that puts Bitcoin’s growth in the shadow at the end of the year. Most importantly, IOTA has proven that not only Bitcoin is rising fast and that everyone should consider investing in cryptocurrencies.
So, why not invest in it and expect an even bigger rise?
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