#IOTA $MIOTA https://iota.org is down 53.93% from its all time high Marketcap on the 17th of August 2017 $3.05 billion, currently down -53.93% to $1.405 billion. Over one and a half billion dollars in marketcap have been wiped out in 3 weeks.
Most of the volume, over 75% has been traded against USD through Bitfinex, which would mean by its -9.67% in the last 24 hours and the continuing downtrend since the all time high, that people are selling their IOTA for USD.
IOTA $MIOTA is only listed in few exchanges, although Bitfinex is a significant player in the space, addition from other exchanges like Poloniex or Bitrrex, would improve liquidity, prices and exposure to thousands of new potential users.
You can read the IOTA white paper in the following link https://iota.org/IOTA_Whitepaper.pdf
Byteball uses a similar technology as Tangle, directed acyclic graph DAG instead of a blockchain https://byteball.org
