IOTA

The new IOTA coin has a lot going for it. Backed by major corporations like Microsoft and Samsung. Promising zero fees and instant transactions. IOTA is being pushed as an alternative of the bitcoin blockchain.

The main innovation behind IOTA is the Tangle, a revolutionary new blockless distributed ledger which is scalable, lightweight and for the first time ever makes it possible to transfer value without any fees. Contrary to today’s Blockchains, consensus is no-longer decoupled but instead an intrinsic part of the system, leading to decentralized and self-regulating peer-to-peer network.
[https://iota.org/]

While still in the development process, no external wallet and only processed on a couple of exchanges, binance and bitfinex, it is obvious that there is still a long way to go.

With that in mind it is still no surprise that people are backing it early with huge potential. Having such heavyweights behind it, nobody will be shocked when the knowledge and resources push it into the bitcoin stratosphere. Thats why at around $3 a token I think that it is still a steal. The progress has been steady from $1 to $ in the last week and I expect it to hit $10 before the new year.

With the potential to be a thousand dollar token once the development gets caught up, now is a great time to buy before the value has been taken out of it.

All content written in this article is my opinion only. Any transactions that I make are from my own research and decisions. Trade at your own risk.