IoTeX, also known as
IOTX Coin, is a notable presence in the cryptocurrency market, largely due to its relevance in the
Internet of Things (IoT) space. Various factors contribute to the speculative outlook of IoTeX's performance in the years 2024 through 2030. Opinions range from optimistic forecasts predicting a skyrocketing of its price to more cautious stances, suggesting the coin's profitability may depend largely on market movements. The community showed substantial support for a bridge connecting the token to
Ethereum, which resulted in IoTeX securing a significant investment of
$50 million towards expanding its dePIN narrative for the next cycle. A further significant development for IoTeX was the unveiling of its
Version 2.0, which aims to build modular infrastructure for all dePINs. The company's
MachineFi rebrand also backed a surprising 200% rally to a new all-time high. Nevertheless, despite these promising developments, IoTeX experienced a market correction resulting in a discount. On the performance front, it was one of the top-gaining cryptos in a certain week, while predictions indicated a 15% rally and the potential for the IOTX Coin to overcome a crucial resistance at $0.120. Opinions about the future of healthcare's cryptos included IoTeX among the top ones to buy, establishing its relevance as an investment option.
IOTX Coin News Analytics from Sat, 09 Sep 2017 09:45:16 GMT to Wed, 11 Sep 2024 11:05:53 GMT -
Rating 7
- Innovation 8
- Information 6
- Rumor -2