👉👉Binance Warns Its Users About a Well-established Altcoin! 👈👈

The world's largest cryptocurrency exchange, Binance, has warned about a well-established altcoin.$IOTA

Binance has warned its users about IOTA (IOTA), which is switching to a new token-economy model. According to the statement, IOTA's total supply and circulating supply will increase significantly. Due to this change, a risk warning will be included on the Binance transaction page for IOTA.

Binance stated that IOTA's total supply and circulating supply will increase significantly and users will encounter a risk warning on the transaction page.

The IOTA team announced in its official statement that IOTA will switch to a new tokenomic model called "IOTA Rebased". With this new model, IOTA aims to offer a sustainable token economy and will operate with an annual inflation rate of 6% (767,000 IOTA per block). According to this model, 767,000 IOTA will be produced on the network per epoch.

In the new model, staking rewards will be offered and transaction fees are planned to be kept low. The relevant transaction fee has been determined as approximately 0.005 IOTA.

After the Binance announcement, IOTA continues to be traded at $ 0.31, although it experienced a short decline.

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