IoTeX Price Prediction 2024 – 2030: Will IOTX Price Skyrocket?

The post IoTeX Price Prediction 2024 – 2030: Will IOTX Price Skyrocket? appeared first on Coinpedia Fintech News

With the quick bullish evolution of the crypto market in 2024, the racing altcoins are signaling a trend reversal. Amongst a plethora of altcoins, IoTex (IOTX) comes as a potential multibagger with immense underlying potential.

Its native token “IOTX” price has seen phenomenal growth with swift volatility. The platform acts as a grit for machine economics that serves the functionality of machines ranging from smart devices to autonomous motor vehicles. 

Are you curious to invest in IOTX? Check out CoinPedia’s IOTX price prediction for 2024 – 2030 to solve the mysteries!

Overview

Cryptocurrency	IoTeX
Token	IOTX
Price	$ 0.03842630 0.19%
Market cap	$ 362,796,994.0629
Circulating Supply	9,441,372,454.00
Trading Volume	$ 7,813,985.0919
All-time high	$ N/A
All-time low	$ N/A
24 High	Coming soon
24 Low	Coming Soon

*The statistics are from the time of press.

IoTeX (IOTX) Price Prediction 2024

On an optimistic note, the price of IoTeX could propel to its potential high of $0.0760 during the upcoming time, if the bullish sentiment sustains. In contrast, a lack of mass adoption and a depleting industry presence could leave the IOTX price at the bottom of $0.030.

Taking into consideration the current buying and selling pressure in the crypto space, this altcoin could potentially close its year with an average price of $0.0530.

IOTX Price Prediction 2025 

The Internet Of Things (IoT) could disrupt wholesome technology in the coming years. If the network successfully accomplishes the planned integrations. Then the price may clinch a high of $0.099 in 2025.

Conversely, if the platform fails to gain the traction of the user base and fails to execute the events as per the schedule. In such a case the price may drop to a minimum of $0.042.

Also, read Ethereum (ETH) Price Prediction 2024 – 2030!

IOTX Crypto Price Targets 2026 – 2030

IoTeX Price Forecast 2026

During 2026, this Ethereum-based altcoin may range between $0.057 and $0.127. With this, its average price could settle at around $0.092.

IOTX Token Price Projection 2027

By 2027, the projected prices vary between $0.075 and $0.163, with an average of $0.119.

IoTeX Crypto Price Action 2028

Looking forward to 2028, this altcoin may fluctuate between $0.098 and $0.211, and an average trading price of $0.154.

IOTX Coin Price Analysis 2029

The anticipated price range of the IoTeX crypto token may range between $0.131 to $0.275, with an average price of $0.203.

IoTeX Price Prediction 2030

Projections indicate that the IOTX price may range from $0.179 to $0.356, with an average of $0.267.

Market Analysis

*The aforementioned prices are the average targets set by the respective firms.

To read our price prediction of Quant’s (QNT) click here!

iotex

• DeFi

IoTeX is one of the top decentralized networks compelling the machine economy and the third-generation web, MachineFi. The platform was developed to enable programmers to link up trillions of machines with web3 infrastructure and manufacture cutting-edge applications like Defi, NFT, Metaverse, etc. The platform is a greater performance public blockchain featuring off-chain computing for machines and devices including cross-chain bridges, wallets, and the marketplace introduced by IoTeX. 
The company was founded in 2017 by graduates from Facebook, Google, Uber, Bosch, and Intel. Along with over $2 Billion in on0chain assets, 300K on-chain users, and around 10K connected devices spanning hundreds of applications, the IoTeX platform has experienced remarkable growth. As a layer one blockchain that allows safe and reliable communication between IoT devices and the community, the company is aiming to build a platform that will serve as the center of the IoT environment and let customers securely access data. 
 
IoTeX has increased a total of $100 million worth in a single venture fund, which was announced on March 16, 2020. The platform's estimated annual revenue is $7.4 Million per year with an estimated revenue of $130,500 per employee currently. 

CoinPedia’s IOTX Price Prediction

According to Coinpedia’s formulated IoTeX price prediction. If the network launches upgrades to ensure enhanced interoperability and other features to benefit the traders. The price may easily surpass the $0.0760 mark this year.

If the network fails to execute its plan, then the price can flip into a bearish trap and dip to $0.030. Considering everyday trade activities, and the bullish and bearish targets, the price could settle at $0.0530.

Historic Market Sentiments

2019:

• In 2019 the protocol went live on the mainnet to unleash its products in 2020. 
• IOTX price commenced its run by moving in a massive upward trajectory. 
• The altcoin initially claimed $0.066, but drastically fell to the bottom line of $0.00584.  And hovered within the same range throughout the year. 

2020:

• As the project was at its nascent stage of development there hadn’t been any upgrade that caught sight of the user base. 
• However, with mild volatility, the IOTX price hovered between $0.009 to $0.015 throughout the year. 

2021: 

• After extensive correction for two years, the IOTX price commenced a gradual uprise from January 1st. 
• It managed to chug up to a high of $0.066 by May 1st. However, imbalances in the Chinese market depreciated the price to $0.01683. 
• Following two months of correction, the IOTX price saw tremendous bull cycles in the fourth quarter. 
• The digital token surged more than 10X to claim its ATH of $0.2611 on the 13th of November. 
• However, FUD and panic led to the annual closure at $0.124. 

Click here to read our in-depth price prediction of Stellar (XLM)!

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