IOTA (MIOTA) Expands Its Leadership Over Tron (TRX) By $ 1 Billion In Market Capitalization

IOTA (MIOTA) is making an extremely wide step of returning in the cryptocurrency markets.

At present time the cryptocurrency which is yielding no fee is ranked ninth ahead of its closest competitor, Tron (TRX). IOTA is estimated at $ 2.30 at the time of writing this and up to just 0.065 within 24 hours. It seems that the market is bearish, as it was during the last week.

Specific reasons for the bearish market may be the earlier comments of the Oracle of Omaha who is himself Warren Buffett, who called Bitcoin a rat poison. Another example may be the constant bombing of Ethereum through a lawsuit that tries to find out whether the tokens received from ICO are securities or not.

In the event of IOTA expanding its leadership over the Tron (TRX), the gap has been extended by $1.1 Billion in terms of market capitalization of the two cryptocurrencies. The trust in IOTA has been spearheaded by the information message of a Porsche partnership via German Startup AutoBahn in a bid to use AI, Machine learning and the tangle, to design better vehicles for the future.

According to the above mentioned and in addition to it there are the recent news of a the CEO of Schindler AG joining the advisory board of the IOTA Foundation. The announcement was made via a tweet by @IOTATOKENNEWS.