Can IoTeX reach $1? Price Prediction 2024-2030

Latest IOTX Price

Total Number of Holders: 22330, Top 100 Holders: 98.7%

IOTX Price Performance

Last 7 Days	+31.7%
Last 1 Month	+87.6%
Last 12 Months	+259.3%

The IOTEX price has nearly doubled in the last month. What are the Signals and Predictions?

IOTEX has been following a bullish market trend clearing multiple resistances in the past couple of days. However, it has failed to clear $0.085 resistance which resulted in a price pullback. $0.080 has been an immediate support for the asset and IOTEX has been trading above this level. In the event of breakout above $0.085, IOTEX is expected to lead to a target of $0.1 this week. IOTEX is anticipated to consolidate within the range of $0.08 to $0.085 before it makes a move to clear $0.090 and followed by $0.10. According to technical indicators, the overall outlook for IOTEX is bullish.

Influencer Targets:

• Decilizer: $0.15
• Crypto4light: $0.16 to $0.18

This is a whale controlled token, trade with care

• IOTEX Price Prediction in the next 24 hours is between $0.0495 and $0.0538
• IOTEX Price Prediction this week is between $0.0481 and $0.0575

IOTEX – Buy or Sell (New)

• Dec 22nd: +61.5%
• Jan 27th: +48.5%
• Feb 19th: +53.4%
• March 12th: +52.5%

IOTEX Price Prediction 2024-2025-2030, Aggregated

• IOTEX Price Prediction 2024 is $0.0667
• IOTEX Price Prediction 2025 is $0.0839
• IOTEX Price Prediction 2026 is $0.105
• IOTEX Price Prediction 2027 is $0.120
• IOTEX Price Prediction 2028 is $0.153
• IOTEX Price Prediction 2029 is $0.202
• IOTEX Price Prediction 2030 is $0.272

IOTEX Price Prediction $1: Will IOTeX reach $1?

Yes, IOTEX has a moderate to a good chance of reaching $1, read on

For IoTex to reach $1, it would need to increase by a factor of 12. At $1, IOTX’s Market Cap will be $9.4 Billion. If IoTex were to grow at a rate of 25% each year, it would take about 12 years to reach $1. Let us evaluate this data

• Quality of Investment– Moderate
• Time and Growth required to reach $1– Moderately Feasible (Example: Bitcoin was priced at $0.1 in October 2010. 12 years later, It is 22000 times higher)
• Market Cap at $1– Feasible

Considering the criteria Quality of Investment, growth required, and time required, IOTX has a good chance of reaching $1.

IOTEX Price Prediction $100: Will IOTeX reach $100?

Yes, IOTEX can reach $100 only if 90% of the Tokens are destroyed.

For IoTex to reach $100, it would need to increase by a factor of 1244. At $100, IOTX’s Market Cap will be $943 Billion. If IoTex were to grow at a rate of 25% each year, it would take about 32 years to reach $100. Let us evaluate this data

• Quality of Investment– Moderate
• Time and Growth required to reach $100– Not Feasible
• Market Cap at $100– Not Feasible

Considering the criteria Quality of Investment, growth required, and time required, IOTX cannot reach a price as high as $100 anytime soon in the future.

IOTEX Price Prediction: Is IOTX a Good Investment?

IoTeX is a platform that connects the real world with Web3. It aims to power devices and decentralized applications in both physical and digital realms. The platform is connected to over 22,455 devices and has facilitated more than 70 million transactions. It has a community of over 200,000 members and approximately 46,550 stakers. IoTeX integrates blockchain technology with the Internet of Things (IoT) and smart devices, making it suitable for DePIN (Decentralized Physical Infrastructure Networks) builders.

The platform has achieved integration with Solana for real-time hardware device analytics and launched a confidential computing hardware stack. IoTeX has also introduced Ether Liquid Staking Derivatives and expanded into industrial metaverse applications.

Dapps on IOTEX

Category	Projects
DeFi (Decentralized Finance)	FilDA, Burn-Drop
GameFi (Gaming and Finance)	StarCrazy, TrustDice, Travel Cat
Tools	FilDA, MintToken, Ecosystem, Governance, IoTT Network, Multisender, SmartStake
MachineFi	Ucam
CrossChain	ioTube
Marketplace	VitaMart
Swap	Changelly
Forum	Community
Governance	Stake
Privacy	Cyclone
DEX (Decentralized Exchange)	mimo, Unifi Protocol
NFT (Non-Fungible Tokens)	Sota Finance
Community Token	Vita

IOTeX’s use cases in MachineFi

IOTeX, in collaboration with W3bstream, has recently enabled MachineFi use cases to connect the real world to Web3.  Here, users can earn cryptocurrency by completing tasks in the real world.

The building block for MachineFi use cases is the Proof of Anything mechanism enabled by W3bstream through which the proofs of real-world activity can be generated based on the smart device data.

Its working is quite simple i.e., whenever a user completes an incentivized task (for example, proving that you have burnt desired calories using your smartwatch), the proof of anything instructs the blockchain to provide the incentives to that user.

IOTEX Price Prediction: IOTX use cases

IoTeX is a blockchain that empowers IoT devices and helps them work more safely. The native token of IoTeX is the IOTX, which serves various purposes. Let’s briefly discuss its use cases:

• It is used as a mode of payment as well as for staking.
• IOTX holders can participate in the governance of the IoTeX blockchain.
• IOTX tokens can be used as gas fees to execute smart contracts and transactions on the blockchain.
• Many services such as Travala, NoWPayments, etc accept IOTX coins for booking tickets and making payments.

IOTX appears to be a moderate case for investment.

How do buy IOTX cryptocurrency?

Here are some general steps to follow to buy IOTX cryptocurrency:

1. Finding a crypto exchange that has IOTX listed.
2. Create an account with the Exchange.
3. Verify your identity.
4. Fund the wallet.
5. Make the purchase.

Most of the exchanges have their inbuilt wallets, but if you are looking for a safe and secure wallet to protect your assets, here we have a list of the Best Crypto Wallets for 2022.

Some of the platforms where you can purchase IOTX cryptocurrency are Binance, Coinbase, eToro, FTX, Bitstamp and KuCoin.

1. KuCoin – KuCoin is a global cryptocurrency exchange that allows users to buy, sell, and trade a variety of cryptocurrencies. It was established in 2014 and is based in Seychelles. KuCoin has an easy-to-use interface, a wide range of trading pairings, and low fees. The exchange also offers a native cryptocurrency called KuCoin Token (KCS), which offers its holders incentives such as reduced trading costs, referral bonuses, and more. With features like two-factor authentication (2FA), cold wallet storage, and frequent security audits, KuCoin has a great security track record. Staking, lending, and other options are also available to assist individuals in building their crypto holdings.

Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view of the likely trends in stocks or coins. Please consult a registered investment advisor to guide you on your financial decisions.