IOTA and WAVES have nothing in common, IOTA has not even a blockchain. The tangle which iota uses instead of a blockchain is the opposite of everything the blockchain stands for, because it is not transparent. It seems to be also not free of problems, as the IOTA wallets were down for several days in November and the funds not accesible.
The huge price increase in the last weeks (20x) happened because IOTA announced a partnership with some top-tier companies like Microsoft, which acutally was not true, this quote from the review form MIT points it out pretty good:
IOTA’s relationships with top-tier companies continue to be nebulous.
In the Technology Review article, Orcutt linked to a November 28, 2017 blog post from IOTA that gave the perception that Microsoft was a partner in the marketplace. However, after a flurry of media reports making this claim, IOTA corrected their relationship status with top-tier companies like Microsoft, Cisco, and Huawei in a blog post dated December 16. That the MIT Tech Review story links to IOTA’s initial blog post instead of the later version is misleading.You can read the full article here:
https://www.media.mit.edu/posts/iota-response/Because of that reasons I think IOTA is pretty much overvalued at the moment, wouldnt be surprised if it corrects to around 1 USD in the near future and therefore I wouldnt invest in it right now.
For WAVES I agree, it is undervalued and will take of next year, the reasons have been allready stated above in the post of flinty69.
I think you have been falling for the FUD campaign against IOTA. Progress in the coming weeks is what will tell the truth from the rubbish.
Interesting but partnerships mean progress and money and nothing nebulous about them. There are many real companies and business groups wanting to partner with IOTA. they aren't as spurious as many bitcoin investors are. They see the huge potential. The latest BOSCH investment is one example. Do you know how big BOSCH are in IoT and M2M development? ABSOLUTELY HUGE! Every coin has it's rumour mills and IOTA is not excluded from that list but at least it has the tech to back it's value up and backing by big business.
You are right in that IOTA isn't a blockchain and that's the huge selling potential of it and the problems of which you mentioned are largely solved now and were technical in nature but not conceptual in nature so not as big a deal as people exaggerated int the anit-IOTA FUD campaign.