Today’s IOTX live price is $0.12 and the 24-hour trading volume was $172.7 million. The token has trended throughout the week, and has gained 10% over the past 24 hours.
Look no further than this short article for the details on its native token IOTX, whether it’s worth investing in, and the best places to buy it now.
The top IOTX shops now
IOTX is a relatively new asset and has yet to be listed on major exchanges. However, you can still buy IOTX via a DEX (decentralised Exchange), but there are some additional steps. These are the steps to buy IOTX now:
1. Buy ETH on a regulated exchange or broker, like eToro ›
We recommend eToro, which is a multi-asset trading platform that’s renowned worldwide. It’s an exchange and wallet combined with some of industry’s lowest fees. It is also user-friendly and offers more payment options than any other service.
2. Send your ETH to a compatible cryptocurrency wallet such as Trust Wallet, MetaMask.
To create your wallet and get your address, you will need to send your coins.
3. Connect your wallet with the Uniswap DEX
Visit Uniswap to ‘connect’ you wallet.
4. Now, you can exchange your ETH for IOTX
You can now exchange for IOTX and 100s more coins once you are connected.
What is IOTX?
IoTeX, an open-source project started in 2017 and has since developed a decentralized platform that enables open economics. This open ecosystem allows people and machines to interact with each other without any restrictions.
IoTeX has created an EVM-compatible blockchain using the innovative RollDPoS consensus. It was launched in April 2019.
The IoTeX Blockchain was created by the team to create the necessary infrastructures that allow for connections with Heco, BSC, Ethereum and BSC blockchains. IoTeX allows EVM-based DApps to scale without worrying about expensive gas fees.
Decentralized Identity, Confidential Computing and Secure Hardware are all part of the blockchain to allow self-governing devices such as Ucam. It has been used in thousands of homes.
Do I need to buy it now?
Statista estimates that the Internet of Things industry could be worth over $1.5 trillion by 2025. This sector token could positively impact IOTX. It could also be affected by the unpredictable volatility of IoT.
IOTX price prediction
Gov Capital predicts a slight increase for IOTX – to just $0.15 in a year’s time. It will reach $0.61 in five years.
Wallet Investor is much more optimistic. The token will rise to $0.19 by 2023 and $0.61 by February 2027, according to Wallet Investor.
Trading Beasts is slightly bearish. It estimates that 1 IOTX would only rise to $0.12 this fiscal year. It will trade at $0.16 by the end of 2025.
IoTeX: Social media
IoTeX 1 week social activity
Galaxy Score™ 72.5/100
8,325 social mentions
43 social contributors
0.07% social dominance
1,218 shared Links
Price +52.45% – $0.12 https://t.co/lpg45MQe3B$iotx #iotex
— Showkat1747 (@show1747) February 11, 2022