IoT-focused digital currency IOTA took the 9th place on CoinMarketCap back from TRON, whose rise has been unstoppable for weeks.
Currently, IOTA, which is trading at $2.35, seems to have gained 13 percent in the last 24 hours. With a total market value of over $6.5 billion, IOTA has a difference of approximately $750 million with TRON.
This rise of IOTA is actually the continuation of a momentum that started yesterday. The rise of IOTA, which started with the announcement of partnership with the world’s giant automobile manufacturers such as BMW, Ford, General Motors and Renault within the scope of the MOBI formation, continued with the Huobi news. The news that Huobi, the world’s third largest cryptocurrency exchange, will list IOTA tomorrow, accelerated the upward momentum. It climbed up to $2.4 in the day.