Altcoins News

Price Surges 200% In Last 24 Hours as IoTeX (IOTX) Continues Its Run

The cryptocurrency industry has risen in popularity over the last year. Even relatively obscure meme currencies such as Safemoon and Shiba Inu saw a considerable price rise. Dogecoin has had a fantastic growth year. Hundreds of new cryptocurrencies have lately published. Inspired by the success of all coins on the bull market of 2021.

All these currencies have not, however, been created for an intrinsic function. One of the few promising currencies in the crypto world lately is IOTX Coin. The IOTX Coin has experienced a considerable increase over the last 24 hours. Read more about buying IOTX Coin and IOTX price forecasts.

IOTX has developed a decentralized platform starting in 2017 as an open-source project to promote open economics for machines. Humans and machines may interact with a safe trust, free will, and economic incentives in this open ecosystem. IOTX may be bought as a cryptocurrency on various cryptocurrency exchanges worldwide.

IOTX on the Rise

IoTeX (IOTX) continued its run on Wednesday as the cryptocurrencies ran the third consecutive day as the best 24-hour winner. The profit seems to be related to the news on 11 August that Coinbase will list the coin.

Data indicates that Altcoin has reached 322 percent from its $0.0293 decline on 10 August. On 11 August, the latest boom sent IOTX to an all-time high of $0.124 with a volume of 24-hour trade of $2.75 trillion. The currency is moderately circulated at 9540779324 IOTX with a maximum supply of 10,000,000,000 IOTX.

The digital coin price has projected that by the end of 2021, IOTX may reach up to $0.29. The value of the coin will rise in the following five years. So, if investors look forward to investing their money, they will benefit. Moreover, by 2022, the coin has high chances of a rise to $0.05 and similarly by 2023–24.

Mohamed Faisal

A trader himself, Rossi has 7 years of experience trading in the forex market and the passion for writing has brought him to Newscrypto. He is the perfect combination of market knowledge and writing skills, making him one of the most sought-after writers on cryptocurrency.

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