maybe something to do with it being flawed, see https://news.bitcoin.com/analyst-iota-sharply-overvalued-due-to-overwhelming-evidence-of-serious-flaws/
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maybe something to do with it being flawed, see https://news.bitcoin.com/analyst-iota-sharply-overvalued-due-to-overwhelming-evidence-of-serious-flaws/
Creating The Tangle is an extremely ambitious project as is the alternative RaiBlocks. My impression, based on their own poorly-managed news feeds, is that these projects are not particularly well managed. They compare very poorly with Cardano which is my 3rd Generation choice.