IOTO is going to rise in the long run becasause of powerful corporate alliances and bright future expectations for IOT projects.
İt should not be considered as short term trade.
When its first successfull application is done, its price would jump up.
It's already valued too high based on expectations alone. This is clearly a speculative bubble and the prices will retreat in the coming weeks. When they do actually deliver a product that is a different case but as of right now it's a useless project with a huge marketcap.