I was just checking the coinmarketcap. Suddenly I realized that there is fresh new altcoin named "Iota" in top 10. Even marketcap is more than billion in first hour.
Iota introduction:
Iota is a brand new and novel micro-transaction cryptotoken optimized for the Internet-of-Things (IoT). Unlike the complex and heavy blockchains of Bitcoin and the like, which were designed with other uses in mind, Iota is created to be as lightweight as possible, hence the name "Iota" with emphasis on the ‘IoT’ part.
More detail:
https://iota.org/
https://twitter.com/iotatoken
This looks very interesting. This project was already in long development since 2014.
Is it right time to buy it or should wait to see the trend?