This IoTeX (IOTX) Price Prediction 2021 article is based on technical analysis alone. Below, you will see the key measures that we have taken into consideration upon coming up with our IOTX price analysis and prediction.
There is an ever-surging hype surrounding the crypto world. However, many cryptos spiked to a new all-time high during this 2021 bull run. In contrast, some crypto also had a downtrend. Therefore, many cryptocurrency traders and investors are confused about whether it is time to hold or sell their crypto for a good price. This might be the same scenario for the IOTX traders and investors.
On the other hand, the crypto market is consolidating lately, and most cryptos are losing their previous gains. Is the IOTX price experiencing the same scenario? We’ll find out shortly in this IOTX price analysis 2021 article. But first, let’s have a look at what IOTX is.
What is IoTeX?
IoTeX is the auto-scalable and privacy-centric blockchain system for the Internet of Things (IoT). Moreover, the IoTeX’s global team consists of Ph.Ds in Distributed Systems, Cryptography, and Machine Learning, top tier engineers, and experienced ecosystem builders.
IoTeX is developing several in-house technologies to push the frontier of blockchain 3.0, including a blockchains-in-blockchain architecture for heterogeneous computing, lightning fast Roll-DPoS consensus mechanism, and lightweight privacy-preserving methodologies. IoTeX brings autonomous device coordination to the masses by combining the physical world, block by block.
Now that we have an idea about IOTX, do you think IOTX will be a profitable crypto in 2021? Join me and let us see the charts in this IOTX price analysis and IOTX price prediction.
IoTeX Current Market Status
As of the time of writing this IoTeX price analysis, IOTX trades at $0.04871 with a 24-hour trading volume of $70.043 million. The price of IOTX has decreased by 1.45% in the last 24 hours.
Furthermore, the network has a current circulating supply of 9,644,304,442 IOTX. Currently, the top cryptocurrency exchanges for IOTX are Binance, Huobi Global, Upbit, HBTC, and Xtheta Global.
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