IOTA, a peer-to-peer decentralized network for the Internet of Things (IoT), has gained attention for its unique structure called the Tangle, which is a DAG instead of a traditional blockchain. IOTA enables fast, feeless microtransactions and M2M payments, making it ideal for IoT devices. Major companies like Bosch, Fujitsu, and Jaguar Land Rover are implementing IOTA for real-time product tracking and data verification. IOTA also supports secure digital identity solutions and the creation of non-fungible tokens and digital assets. Despite a recent downtrend in price, analysts remain optimistic about IOTA's future and predict a surge if it reclaims a key price level.



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