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According to the cryptocurrency rating website CoinMarketCap, the coin takes twentieth place in the top 50 cryptocurrencies in the world by market cap. However, since then, the coin price has been falling down to the current marks. The more participants join the IOTA network, the faster transactions can go through. Moreover, commissions for conducting transactions are not charged even with a small amount of transfer. In addition to that, the project is based on the quantum-proof protocol called Tangle, which solves many cryptographical issues that may appear in the upcoming future.

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