For this Friday I highlight the crytocurrency IOTA, which in recent days has had a phenomenal rise.
IOTA is a cryptocurrency with 3 months of life, that occupies at the moment the 5 position in market capitalization.
His project focuses on the Internet of Things (IoT), which in a nutshell refers to any object can connect to the cloud, with the goal of providing it with "intelligence."
It is estimated that by 2020 will be billions of objects connected to the NETWORK.
The IOTA minimum was US $ 0.16, recorded in mid-July. The maximum was US $ 1.10, reached in yesterday's session.
Currently trading at around US $ 0.85, more than 5 times the July low, and 25% below yesterday's high
From my point of view I value IOTA as a high potential cryptocurrency in the medium and long term. The maximum goal for this year is about US $ 1.5.
This is one of the cryptocurrency that more than the quote should be set in the background project, in this case the Internet of Things, a phrase that we will hear more and more frequently.
The next sign of the day will be Sunday at 23:00 GMT.