IOTA Falls Hard Again, Topping Nearly All Crypto Losses

[links]

IOTA, designed as a cryptocurrency for the Internet of Things, suffered a 20.16-point price drop in the last 24 hours, the biggest fall for all cryptocurrencies holding more than $1 billion in market capitalization, and the highest for all top 100 cryptocurrencies besides Peerplays, a currency with a $48.444 million market cap, which dropped 42.8 points, according to coinmarketcap.com

[Tesorex]

IOTA, designed as a cryptocurrency for the Internet of Things, suffered a 20.16-point price drop in the last 24 hours, the biggest fall for all cryptocurrencies holding more than $1 billion in market capitalization, and the highest for all top 100 cryptocurrencies besides Peerplays, a currency with a $48.444 million market cap, which dropped 42.8 points, according to coinmarketcap.com

I like how you put an ICO scam token as a "cryptocurrency" are you idiots considering whatever listed in coinmarketcap as a legit coin and invest in it?
I'm sure the devs and their buddies never bought 90% of the ICO tokens at the lowest price possible and now are slowly dumping.
Are you all really dumb or just like to get scammed over and over?

[ranih]

Is there a reason for the fall? Or is it just speculative traders?

[Tesorex]

Is there a reason for the fall? Or is it just speculative traders?

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Reason? <facepalm> <facepalm> <facepalm> bag holders dumping, you want more obvious reason?