New crypto-currency attracts financial market

Baku. 6 December. REPORT.AZ/ At a time when everyone is watching bitcoin virtual crypto-currency, new crypto-currency in financial market IOTA has risen 2.2 times in two days. 

Report informs citing the Bloomberg agency, IOTA, which was sold for $ 1.45 on December 3, has now risen to $ 3,21. 

At the same time, the volume of purchase and sale transactions in the new crypto-exchange market amounted to $ 1.13 bln. capitalization of IOTA reached $ 8 bln.

The reason for the rise in prices for IOTA was the fact that the German IOTA team became partner with giants such as Fujitsu, Microsoft and Samsung. As a result, IOTA has the fifth most expensive capitalization among crypto-currencies.

The IOTA founder David Sonstebo, said that the crypto-currency platform created by him is intended to transmit, receive, and sell a variety of information for people. Forecasts, analytical reports, energy, manufacturing, smart city, healthcare, etc. useful information will be posted on platform.