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What is the market cap of Iota?

The current market cap of IOTA is $804.16M. A high market cap implies that the asset is highly valued by the market. What is the all time high of IOTA? The all-time high of IOTA is $5.69. This all-time high is highest price paid for IOTA since it was launched.

What is Iota token & how does it work?

Tokens: The IOTA token is the medium to transfer value within the IOTA mainnet. However, unlike other cryptos, there are no fees to be paid through the base token, meaning that IOTA tokens are transferred to the receiver without miners or other intermediaries taking a cut. The total supply of IOTA is 4,600,000,000 IOTAs.

Should Iota be considered an alternative coin (altcoin)?

He also wrote: “IOTA should not be considered an alternative coin (altcoin) to existing cryptocurrencies such as Bitcoin, rather it is an extension of the growing blockchain ecosystem. It’s meant to work in synergy with these other platforms to form cohesion and symbiotic relationships.

What is the Iota Foundation?

The IOTA Foundation, a non-profit organization, was launched in October 2017. It aims to develop the network, and it has established partnerships with various entities, including carmaker Volkswagen and the city of Taipei for smart projects. Marathon Digital's game-changing acquisition: two fully owned Bitcoin mining sites, totaling 390 megawatts.

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