if you check the circulating supply of the currency in coinmarketcap you will learn a lot. It doubled more tha 100times just an hour ago. and the price went down more than 100 times as well. so everybody who invested their money in this coin will loose 99.9% of their investment. kindly if you are looking forward to invest in a specific cryptocurrency make sure that it is availaible in too many exchanges. IOT is available only on Bittfinex. thats a warining, stay away of it. there are a lot of opportunities for all crypto investors. I do not advice anyone to put a single sent in it.