Growth prospects, episode #2: IOTA

Project's name: IOTA
Ticker: IOTA

ICO dates: November 24th 2015 - December 20th 2015
Raised: $434,000 USD

Market Cap: $1,350,834,566
Circulating Supply: 2,779,530,283 MIOTA
Token price: $0.48
Trading volume: $10,794,647

About:
The first open-source distributed ledger that is being built to power the future of the Internet of Things with feeless microtransactions and data integrity for machines.

Conclusion:
Old project. The capitalization of the token is many times higher than the funds from the ICO. Consequently, the technology is well accepted by the global crypto community. This technology has a future, so the token is a good investment. Unfortunately, due to the large capitalization, this token has a ceiling. It doesn't come in the top 3 by market capitalization. When the total capitalization of the cryptocurrency was $800 billion IOTA cost $5, so we think that the ceiling of this token will be $10.