IOTA price gets ready for another 50% meltdown

The IOTA price has been in a freefall for months as investors continue worrying about the platform’s future. The token dropped to a low of $0.310, which is the lowest the coin has been since January last year. In other words, the coin has crashed by almost 90% from its 2021 high of $2.75. This decline has brought its total market cap to about $858 million.
IOTA key challenge
At its peak, IOTA was one of the biggest projects in the cryptocurrency industry. Having been started in 2015, it is