Iota well, no need to explain it, is a scam, they put a price and setup a high supply then deal soul with bitfinex for listed it an exit them money.
Oh really? Wow!

Yesterday the IOTA team have been for a presentation in Shanghai. Already there were meetups with Bosch, Volkswagen and
many more others. And there will be much more big companies for IOTA. 3 days ago an Ex-CIO of UBS has joined the IOTA team.
IOTA it very active.
Yes, just call it a scam.. 100 times.. I'm getting already tired of it..