Analysis: IOTA's recent surge shows the desire of the encryption world for real-world applications

LongHash released an analysis article saying that while Bitcoin and most other currencies remained relatively stable, the IOTA fell from a high of $0.375 at the beginning of the month to a low of $0.255 on Sunday, a drop of 32%. But on Monday, the cooperation news with Jaguar Land Rover stopped the downtrend, boosting the price of IOTA and bringing it back above $0.30. The soaring price suggests that the encryption community has a real desire for news about real-world applications and encryption collaboration.