The least popular cryptocurrency is one that few people have heard of and even fewer people understand. It's called IOTA, and it's a distributed ledger designed for the Internet of Things. IOTA's big selling point is that it doesn't use a blockchain. Instead, it uses a directed acyclic graph (DAG) called the Tangle. The Tangle is a data structure that allows IOTA to be scalable and feeless. IOTA has been around since 2015, but it has yet to gain much traction. This is likely because IOTA is still in development and has yet to release a mainnet. Additionally, IOTA's native token, MIOTA, is not listed on many major exchanges. IOTA's lack of popularity is a bit of a chicken and egg problem. Without a mainnet or major exchanges listing its token, it's hard to get people interested in IOTA. But without enough people using IOTA, it's hard to get exchanges and developers to support it. Despite its low popularity, IOTA has a lot of potential. If it can overcome its current hurdles, IOTA could become a major player in the cryptocurrency space.
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