IOTA isn't going to be another Bitcoin, the circulating supply is entirely too much for it to ever get to those levels.
Are you talking market cap or price? Market cap is what matters. Bitcoin is at $290 billion. IOTA is at $12 billion. IOTA is targeting the IOT industry. It’s completely different than every other crypto because of that. According to Forbes, the IOT industry is expected to be a $60 trillion market by the 2030s, $15 trillion in the 2020s. IOTA has no real competition at the moment. It’s whether or not they can benefit from first movers advantage before other similar companies start forming to knock them off. Imagine if they take 1-5% of that. If it does, don’t say I ain’t tell you.