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Altcoins Daily Preview: Litecoin (LTC) and IOTA (IOT) Set for $50 and 50 Cents

January 09, 2019 / Dalmas Ngetich

Like other altcoins, IOTA prices are moderately recovering. It’s not a banger as expected but still, after 2018 pain, any upward trajectory is welcomed. At the moment, IOTA is up 4.3 percent in the last 24 hours and after talks of Coordicide in the last days of December, IOTA is scaling up rolling out products and announcing new partnerships. Center stage is Chat.ixi, a new ad free, private chatting application that runs on the IOTA Controlled Agent (ICT). What’s special is that the app is not an information trawler. ICT is a light node, an experimental test net designed specifically to sate the needs of Internet of Things. The project is a brainchild of Samuel Rufinatscha and Lukas Tassanyi. Lukas is better known as MicroHash in IOTA forums. A Computer Science Graduate from the University of Dresden, Lukas was actively involved in the IOTA Spam Fund, an initiative tasked with spamming the IOTA network in a bid to speed up transaction processing.