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!
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| Cryptocurrency | IoTeX |
| Token | IOTX |
| Price | $ 0.03825575 |
| Market cap | $ 361,186,771.5760 |
| Circulating Supply | 9,441,372,454.00 |
| Trading Volume | $ 7,832,681.8746 |
| 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.
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.
| Year | Potential Low | Potential Average | Potential High |
| 2024 | $0.030 | $0.0530 | $0.0760 |
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.
| Year | Potential Low | Potential Average | Potential High |
| 2025 | $0.042 | $0.070 | $0.099 |
Also, read Ethereum (ETH) Price Prediction 2024 – 2030!
| Year | Potential Low ($) | Potential Average ($) | Potential High ($) |
| 2026 | 0.057 | 0.092 | 0.127 |
| 2027 | 0.075 | 0.119 | 0.163 |
| 2028 | 0.098 | 0.154 | 0.211 |
| 2029 | 0.131 | 0.203 | 0.275 |
| 2030 | 0.179 | 0.267 | 0.356 |
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.
By 2027, the projected prices vary between $0.075 and $0.163, with an average of $0.119.
Looking forward to 2028, this altcoin may fluctuate between $0.098 and $0.211, and an average trading price of $0.154.
The anticipated price range of the IoTeX crypto token may range between $0.131 to $0.275, with an average price of $0.203.
Projections indicate that the IOTX price may range from $0.179 to $0.356, with an average of $0.267.
| Firm Name | 2024 | 2025 | 2030 |
| Wallet Investor | $0.0531 | $0.0734 | – |
| Priceprediction.net | $0.0481 | $0.0625 | $0.4205 |
| DigitalCoinPrice | $0.0794 | $0.0930 | $0.27 |
*The aforementioned prices are the average targets set by the respective firms.
To read our price prediction of Quant’s (QNT) click here!
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.
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.
| Year | Potential Low | Potential Average | Potential High |
| 2024 | $0.030 | $0.0530 | $0.0760 |
Click here to read our in-depth price prediction of Stellar (XLM)!
Based on the data, it can be predicted that it is Profitable to invest in IOTX for the long term. As the Internet of Things is going to flourish, it is a good investment.
IoTeX platform supports many projects working towards IoT (Internet of Things). Some of the notable projects employing the platform are Ucam and Pebble Tracker.
The altcoin price could soar as high as $0.0760 by the annual closure of 2024.
IoTeX token has a tremendous potential to reach new peaks. The IoTeX price could hit a maximum of $0.099 in 2025.
IoTeX (IOTX) is available for trade across major crypto exchanges like Binance, Huobi Global, FTX, KuCoin, etc…
At the time of writing, the price of 1 IOTA token was $0.0389.
The post IoTeX Price Prediction 2024 – 2030: Will IOTX Price Skyrocket? appeared first on Coinpedia.org.