The recent performance of IOTA in the market is not very good, many altcoins prices have risen a lot, but the price of IOTA still stays in place, and now it is droping.
That is not entirely true. While the price of IOTA has fallen dramatically, and perhaps more than the average top 10-20 crypto since December, it is now up about 150 percent from the short term bottom - also more than the average top 10-20 coin.
It is likely, that the price of IOTA will increase in the coming weeks till the announcement June 3rd.