Bitfinex servers briefly went down due to IOTA Token Record Breaking Launch, Hits $1.5 Billion Market Cap!
After going live on Bitfinex, the transaction volume quickly became so massive that the Bitfinex servers briefly went down. “Moments after the IOTA launch,” Brandon shared, “we were all hands on deck to load balance and ensure IOTA trading was back online and operating as expected.” The total value of IOT tokens currently stands above $1.5 billion, peaking beyond the likes of Dash and Monero.
As the Internet-of-Things keep expanding, the need for interoperability and sharing of resources become a necessity. IOTA enables companies to explore new business-2-business models by making every technological resource a potential service to be traded on an open market in real time, with no fees. https://iota.org/