Leading DAG-based Layer-1 solution IOTA price has exploded +44% after the Iota Foundation launched as a new $100M entity in Abu Dhabi, but with markets caught off-guard, is it too late to buy IOTA?
Despite a tumultuous 2023, which has seen IOTA price struggle to break high in face of capstone moving average resistance, the sensational breakout pump yesterday has left markets in awe.
Excitement stems from the launch of the IOTA Foundation entity in the UAE, an initiative which has the stated aim of helping to convert real world assets into digital ones.
IOTA is the first #DLT Foundation regulated with @ADGlobalMarket in #AbuDhabi
Read more on cryptonews.com