In an unanticipated move, the IOST coin has dropped by at least 40% leaving holders in complete disarray. This comes as an event which was least anticipated by the holders.
IOST was stable in the recent past, not having shown as much of a downfall. However the current situation has left the holders in complete shock.
Holders have used telegram group as a medium to discuss the reason behind the downfall. These holders are in much shock as no one saw the downfall coming and have been left amused.
Their has been constant criticism on Telegram groups as holders try to figure out the actual reason behind it. The outburst is certain as holders have invested and were positive about the outcome.
IOST, thus, finds itself in hot soup. It has however not yet cleared the reason behind the cause as holders continue to wait anxiously decoding it.