Forecasters are positive, overall, that IOTX will continue its uptrend. Although $1 is not hugely likely within the decade, highs of $0.39-plus could be seen by 2027. But anything could happen in five years. You should be aware that these predictions are highly speculative and do not constitute investment advice.
What can IOTX reach?
According to the technical analysis of IoTeX prices expected in 2022, the minimum cost of IoTeX will be $0.041. The maximum level that the IOTX price can reach is $0.045. The average trading price is expected around $0.042.
Is IoTeX a good coin?
Is the IoTeX coin a good investment? Based on the data, it can be predicted that it is Profitable to invest in IOTX for the long term. As the Internet of Things is going to flourish, it is a good investment.
What is IOTX coin used for?
The IOTX token is the native token of the IoTeX platform. The IOTX coin is used for payment of transactions as well as staking and participating in the on-chain governance of the platform. It is also used to manage networks, register a decentralised identity, and register new devices onto the blockchain.
Is it good to invest in IOTX coin? – Related Questions
Does IOTX have a future?
IOTX Overview
According to our long-term price prediction, the price of IoTeX will reach $0.24 by the end of 2022, rising to $0.71 by the end of 2023 and $0.96 by the end of 2025. IoTeX value will then rise to $1.98 in 2027, and $2.68 in 2030.
Is IOTX a metaverse coin?
The IoTeX ecosystem includes exchanges, wallets, and other unique Metaverse projects. One of my personal favorites is StarCrazy – a blockchain-based play-to-earn Metaverse NFT game allowing users to earn GFT tokens. At the time of writing, IoTeX is trading at $0.117, with a 24-hour volume of $41 million.
Is IOTX a private Cryptocurrency?
It is a private blockchain inside of a blockchain solution designed to power the Internet of Things (IoT).
What network does IoTeX use?
Layer 2 Chain
IoTeX’s blockchain-in-blockchain network is made possible with the use of Layer 2 chains. It provides an open architecture for adding multiple use cases and applications based on different cryptocurrencies.
Which game is being built on IOTX layer?
IoTrivia Game Series is coming to the IoTeX community!
Is IoTeX proof of work?
IoTeX is among several other blockchain projects that have come forward, announcing its solidarity with Ethereum’s Proof-of-Work (PoW) to Proof-of-Stake (PoS) switch.
What makes IoTeX unique?
Our platform uniquely combines blockchain, secure hardware confidential computing to enable trusted data from trusted devices for use in trusted Dapps.
How big is IoTeX?
IoTeX (IOTX) Price Analysis
It has a maximum supply of 10 billion and a circulating supply of 9.5 billion.
Who created IOTX coin?
Raullen Chai – Co-Founder & CEO – IoTeX: A Decentralized Network for Internet of Things | LinkedIn.
Who is IoTeX competitors?
There are no competitors for IoTeX because IoTeX aims to facilitate developers and communities for innovating new IoT applications and ecosystems on top of blockchains.
Who owns IoTeX?
Raullen Chai is the Co-founder & CEO of IoTeX , a leading blockchain & IoT platform that is empowering the Internet of Trusted Things. Raullen received his Ph. D in Cryptography from University of Waterloo and served in Tech Lead roles at Oracle and Google from 2012-2016.
When was IOTX coin launched?
The initial coin offering (ICO) of IoTeX took place in February 2018 and was offered for $0.0000125 per token. The project managed to raise $14 Million in ICO. After that, the whitepaper of IoTeX was released in May 2018. The company launched its platform in the same year and its blockchain network (mainnet) in 2019.
How much is IOTX coin worth?
IOTX-USD – IoTeX USD
| Previous Close |
0.030815 |
| Open |
0.030815 |
| Day’s Range |
0.030484 – 0.031871 |
| 52 Week Range |
0.021622 – 0.261092 |
| Start Date |
2018-05-25 |
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Is iota and IOTX same?
In this context, IOTX (IoTeX’s cryptocurrency) and MIOTA (IOTA’s cryptocurrency) are digital assets that may be bought and sold. We can continue to refer to these coins as IoTeX and IOTA, but it’s important to note that the names of the platforms and their respective currencies are interchangeable.
Can you mine IoTeX?
IOTX Factory is a mining game on the IoTeX blockchain. You can buy machines that will mine IOTX for you indefinitely with an initial daily return of 10%.
What is machine fi?
MachineFi is the catch-all name for the ecosystem of smart devices that is beginning to grab significant market share in the world of finance. The beauty of this is that the technological capabilities of these decentralized device ecosystems were never in question.