IOTA, Ethereum (available on Coinbase) (ETH), & Bytecoin (BCN) – The cryptocurrency market is riding the line today, as most coins are just barely in the red. The total market cap is currently hovering slightly over $430 billion. Bitcoin (available on Coinbase) (BTC) is currently trading just over $9,000 and is holding around 36% of the market dominance.

Let’s take a closer look at the coins that are leading the top 20 today.

IOTA (MIOTA)

Source: CoinMarketCap

As you can see from the chart above, MIOTA had a sharp price increase early this morning but has since corrected.

It seems that Huobi will start trading IOTA tomorrow on its trading platform. This may be the reason for its spike, even though it had been announced for an earlier date and then delayed.

IOTA Trading Starts on May 08 17:00 (GMT+8)
[#IOTA #Trading Campaign Rewards for TOP20]Top reward of 5000 IOTA to be won!Click here to register: https://t.co/C3ZpzATTp8
Read more at https://t.co/4KxlFUi2FB@iotatoken #blockchain #fintech #tokens
— Huobi Pro (@Huobi_Pro) May 8, 2018

A few hours later, the IOTA Foundation announced its newest member after the coin had already risen and then corrected.

Welcome Andrew Greve to the IOTA Foundationhttps://t.co/sqN4VLppFU#IOTA
— IOTA (@iotatoken) May 8, 2018

At press time, MIOTA is trading at $2.38 a coin, up 10.48%, in 24 hours.