It was already over back in Dec 2015, how else did it reach a billion in market cap
(exchange was delayed because the founder did not want to speculate money into traders pockets who only cared for quick profit, instead he focused on the tech/corporate contacts and real world uses)

it's been traded and growing for more than a year.
https://bitcointalk.org/index.php?topic=1262688.0
https://medium.com/@IngoFiedler_96862/the-distribution-of-iota-tokens-dc70ea49b148