Today, the very well known IOTA is getting down. Many of the investors have made huge profits of around 300% within 1 week but now it is going down very fast. This all happened due to their clarification about the Microsoft-IOTA partnership. Yesterday they clarified that they aren't partnered with Microsoft in any way but they are trying to be partnered with them and 37 other famous brands that include Fujustu etc.
Such news made the investors worried and they started selling their acquired IOTA stock. It is going down very faster if anyone has invested in IOTA should take some profits and sell the coins before it's too late.
Those news are just pure hype up not totally being implemented or considered as partners and investors did see that thing thats why price do have decrease because they are trying to get out as early as they can or else they would lose up some money for sure but if these possible movement for further development or partnerships would be continue then it would really be worth of to hold this coin and would buy on those dip prices.
In my it do have still the chance to progress even more this is why im waiting for the most possible dip price before i would buyback.