IoTeX increases by more than 121% in one week and becomes the main winner

  • price value of IoTeX increased by more than 121% in one week.
  • This platform aims to integrate IoT devices with dApps.
  • IOTX is only 3.5% lower than your current ATH.

Among the top cryptocurrencies showing greenish trading charts, some altcoins are outperforming traditional cryptocurrencies. recent surge in the cryptocurrency market has encouraged investors to show more interest in cryptocurrencies. entire crypto market is exclusively experiencing a bullish rally with many cryptocurrencies creating new ATHs.

Early investors, in particular, will be stumped as to which cryptocurrency to invest in. It will be difficult to choose among the many cryptocurrencies available on the market. Furthermore, most crypto tokens have the potential to generate profits for their owners, and their ecosystem is constantly evolving to bring new benefits to consumers. Many crypto assets are shining due to ecosystem advancements and could soar to new heights. IoTex is one of those tokens, which surpassed 121% in a week.

IOTX is an Ethereum token that powers IoTeX, a platform that aims to integrate Internet of Things (IoT) devices (such as cameras and sensors) with decentralized applications. IOTX can be used to pay transactions, flag and manage the IoTeX network, and register new devices.

Current state of the market

As of this writing, the price value of IoTeX (IOTX) is $ 0.2365 with a trading volume of $ 1,518,680,353 in the last 24 hours. According to Coinmaretcap, IOTX has recovered more than 121% in one week and increased by 22% in the last 24 hours. current circulating supply of IOTX coins is 9,540,779,324 and is ranked 73rd.

png »alt =» »/> IOTX Trading Chart

chart shows a bullish rally over the past week. IOTX price value increased from $ 0.1004 to $ 0.257 in one week, which seems surprising. With 30-day statistics, the IOTX trading chart shows a 249% gain offering a sweet spot for headlines. Additionally, IOTX is available on major exchanges such as Binance, Mandala Exchange, Huobi Global, UpBit, and CoinBase.

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However, after continuous updates to the IoTeX network, developments are on fire, resulting in higher prices. Rapid updates and developments in the IoTeX ecosystem could be the reason for the price increase. Users are experiencing a sweet spot with a greenish trading chart. If the bullish pattern continues to rise, IOTX could break out of the current ATH and create a new ATH soon.

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