IOTA IOTUSD

IOTA (ticker: IOTUSD) is a cryptocurrency and open-source distributed ledger designed for the Internet of Things (IoT). IOT/USD uses a directed acyclic graph (DAG) to store transactions for scalability. The network's consensus is overseen by a coordinator node operated by the IOTA Foundation, leading to centralization. The IOTA price is influenced by factors such as technological advancements, network adoption, market demand and supply, regulatory developments, and overall economic conditions.