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IoTeX Price Prediction

An up-to-date IoTeX price prediction for 2021, 2023, 2025. Wondering what is the future of IOTX price? Find out IoTeX price forecast with historical, fundamental and technical analysis.
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IoTeX Fundamental Analysis

IoTeX is an innovative privacy-conscious blockchain with a vision to power the Internet of Things (IoT). IoT is a name for the system that encompasses all existing smart devices that can connect to the internet. The concept behind IoTeX – creating the Internet of Trusted Things – builds on the idea of the IoT. The IOTX platform combines blockchain with confidential computing and decentralized identifiers to create an entirely unique network where humans, devices, and businesses can safely interact. IoTeX plans to build a system that will make autonomous device coordination a reality. IoT requirements make using a single blockchain inefficient. This is why IoTeX will utilize sidechains for each specific function, making transactions and computation more efficient. Different smart devices have varyingly different needs. The new project will address these needs separately through simpler lightweight sidechains. All blockchains will be rooted in the main chain and will be able to run alongside each other while being interoperable. All in all, IoTeX is a promising and ambitious project that may have a never-before-seen impact on businesses and private consumers: the system boasts a forward-thinking agenda and progressive technology; integrating at-home smart devices will allow users to create their own private subchains; the project has a credible team and a host of notable investment partners; implementing sidechains that will engage with the needs of different devices will maximize the efficiency of the blockchain; IoTeX will implement security measures to ensure the complete privacy of users and their transactions.

Project name
IoTeX
Stock Symbol
IOTX
Curr. Price
0.04163159
Curr. Supply/Total Supply
9544441829.32
ROI Since Launch
No Data
Launch Date
No Data
Official Website

IoTeX Live Price Chart

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IoTeX Technical Analysis

Despite the fact that 100% accurate technical analysis for IoTeX cryptocurrency is hardly possible, on this advanced technical analysis tool by TradingView you can see the real-time aggregated IOTX buy-and-sell rating for selected timeframe. The summary for IOTX/USD is based on the most popular technical indicators — Moving Averages, Oscillators and Pivots.

IoTeX Price Prediction

Below we have collected the most reliable price projections for IoTeX (IOTX) from popular forecast platforms.

#1. WalletInvestor IOTX Price Prediction for 2021 and 2025

According to WalletInvestor, IoTeX price will grow from $0.04163159 to $0.0913 in one year. That makes IOTX a awesome investment. The long-term earning potential is 119.30%. Predicted price for the end of 2026 is $0.281.

#2. TradingBeasts IOTX Price Prediction for 2021-2022

Answering the question about if IoTeX is a good investment, TradingBeasts say resounding yes. In the 2021 perspective, this coin price is predicted to reach $0.0556154 with a growth to $0.0641367 by the end of 2022.

#3. DigitalCoin IOTX Price Forecast for 2021-2025

In DigitalCoin analysis, the price of IoTeX cryptocurrency will rise in the next 5 years starting from $0.042 as of today’s price to $0.15. It will go up to $0.069 by 2022 and continue its growth in 2023-2024. Based on the forecast, IoTeX is profitable long-term investment.

Summary

As it can be clear from the analysis cited above, IoTeX (IOTX) projections are rather contradictory. There is no universal consensus either about positive or negative future IOTX price movements. Indeed, the future possible growth depends on various factors: announcements, new technological solutions of the IoTeX projects, the crypto environment in general, legal position, and so on. We kindly remind you that before investing in any cryptocurrency, it is essential to do your own research (DYOR).
Disclaimer: This article should not be considered as offering trading recommendations. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor should research multiple viewpoints and be familiar with all local regulations before committing to an investment.

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