IOTX Coin Detailed analysis & Review in 2022 – Can IOTX Coin Reach 5$?

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In this article, we are going to do our analysis and review of IOTX Coin. This is what will be covered in this article:

  • What’s a IOTX Coin?
  • What Makes IOTX Coin So Special?
  • Founders, Team, and Roadmap of IOTX Coin
  • IOTX Coin Price Forecast and Growth Potential for 2022 and Beyond
  • Tokenomics: IOTX Coin
  • IOTX Coin — Final Conclusion.

Today, In this article we are going to review IOTX Coin. This analysis and review of IOTX Coin is completely based on the fundamentals as mentioned above. Make sure to share and read the whole article to understand our analysis of IOTX Coin.

There are more than 19,000 cryptocurrencies in the market today. It’s very difficult for newcomers to crypto to decide which crypto to invest in and which to avoid. That’s why we are going to review IOTX Coin today.

Fundamentals is Indeed the Most important Thing for a project, Everything else comes after that. Whether it be technical analysis or price predictions. We have done other altcoins reviews of other crypto as well, check it out here.

So, let’s begin


What’s IOTX Coin all about?

IoTeX, built their EVM-compatible blockchain from the ground up using the innovative Roll-DPoS consensus. Decentralized Identity, Confidential Computing, and Secure Hardware have been constructed on top of the IoTeX blockchain to allow self-sovereign devices like Ucam and real-world oracles like Pebble. The latter, on the other hand, was initially available to 300+ developers and allows for creative Dapps that integrate the physical and digital worlds, such as real-world NFTs, weather derivatives, and machine learning-as-mining.


Overview of the IOTX Coin platform’s features

Below are some main uniqueness and Features of IOTX Coin Platform –

As the native token of the blockchain system, IOTX is used to manage the underlying blockchain technology and also serves as the network’s gas.

A decentralized machine economics backbone that supports machines ranging from smart home devices to self-driving automobiles, IoTeX is a platform for the Internet of Things.

In order to achieve this goal, IoTeX has built and implemented a blockchain that is fast, high-performance, and EVM-compatible, and that provides scalability and flexibility for a variety of applications.

Middlewares and decentralized applications (Dapps) are also being built on top of the blockchain to allow for the creation of self-sovereign devices and real-world oracles.


Ratings

  • Concept – Great
  • Fundamentals – Strong

Summary

IOTX Coin is a solid project based on it’s own Blockchain and is building a one of the fastest, scalable blockchain platform which is the uniqueness of IOTX Platform. The fundamentals look solid for IOTX Coin and it has great potential for growth in 2022 and beyond. IOTX Coin has huge potential and industry is continously growing which IOTX Coin is building on as well.


Founders, Team, and Roadmap of IOTX Coin

IoTeX which has a global team of over 40 research scientists and engineers, which brings to the project a wealth of knowledge and expertise in decentralized and distributed systems.

IOTX Coin has a fantastic team on board, and it has received support from a number of exchanges, including Kucoin, Gate.io, and many others.

IOTX Coin has experts on their team who are developing the Platform which has the potential to have exponential growth in the near future.


IOTX Coin Price Forecast and Growth Potential for 2022 and Beyond

IOTX Coin has a lot of potential for upcoming upgrades and developments in 2022 and upcoming years as well due to the fundamentals of IOTX Coin. While we believe that IOTX Coin has great fundamentals. the price of IOTX Coin trading at support levels and the price potential in upcoming years is huge due to the previous history Of IOTX Coin the upcoming years look great for IOTX Coin. IOTX Coin is a solid crypto which has the potential to grow in the long term. Have a look at the image above for a more detailed price chart.


Ratings

  • Team – Great
  • Roadmap – Strong

Summary

IOTX Coin has been backed by many crypto partners in Crypto Industry. Decentralised scalable blockchain Platform which has huge Market and Potential for Growth. the future looks great for IOTX Coin token because of strong fundamentals. While small corrections are expected in the short term, no major corrections are expected in the long term, leaving IOTX Coin bullish for upcoming years.


Tokenomics

IOTX Coin is currently trading at about 0.066167 USD and is up around 5.18% in the last 24hrs with a volume of around $3,92,01,605  with a market cap is $63,12,84,830

The total number of IOTX Coin coins in circulation is 9,54,07,79,324 IOTX Coin, while the total number of coins in circulation is 10,00,00,00,000.


Overall Ratings

  • Concept – Great
  • Fundamentals – Strong
  • Team – Great

Final Thoughts & Conclusion

IOTX Coin has great fundamentals and with unique Decentralised scalable blockchain Platform. IOTX Coin has also been backed by many top crypto players and with uniqueness in IOTX Platform why we believe it has everything that leads to a successful cryptocurrency in the market. With upcoming advancements and upgrades, IOTX Coin has the potential to grow exponentially in the upcoming months and years. Based on our research and analysis, we expect IOTX Coin to perform well in upcoming months and years.

Important Note

It’s very important to understand that Bitcoin and overall market sentiments and trends determine the price movement of most cryptocurrencies and altcoins in the market. The price prediction for IOTX Coin in this article is based on the assumption that the Bitcoin price and the overall market will grow positively in the future. If Bitcoin and the overall crypto market go down, IOTX Coin will probably also follow the market trend. However, the fundamentals do look great for IOTX Coin


FAQs


Where to Buy IOTX Coin ?

Currently, the best exchanges to buy IOTX Coin are binance, Kucoin, Gate.io And many other Exchanges. IOTX Coin is available on many well known crypto exchanges.


Is IOTX Coin a Good Investment for 2022?

Based on our analysis, IOTX Coin is expected to perform great in 2022 and upcoming years as well.


Price Prediction for IOTX Coin in 2022?

Based on fundamentals, the IOTX Coin price is expected and have the potential to hit 0.143$ in 2022.


Price Prediction for IOTX Coin in 2023?

According to fundamentals, the IOTX Coin token is expected and have the potential to reach 0.211$ in 2023.


Price Prediction for IOTX Coin in 2024?

IOTX Coin is expected to and have the potential reach 0.442$ in 2024, according to fundamental analysis.


Price Prediction for IOTX Coin in 2025?

IOTX Coin is expected and have the potential to reach 0.690$ in 2025, according to fundamental analysis.


Disclaimer

This material is primarily for the aim of educating the reader. It does not constitute a formal offer to buy or sell anything, nor does it constitute a recommendation or endorsement of any specific products, services, or enterprises. Cryptonks.com does not provide any financial, legal, or accounting advice to its visitors. Neither the firm nor the author shall be liable for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in this post, whether directly or indirectly, whether in contract or tort (including negligence). Viewers should perform their own research before making any type of investment in a cryptocurrency.