Several independent cryptocurrency initiatives emerge due to the rapid evolution of the crypto ecosystem. IoTX offers a new notion for empowering billions of devices and dApps in both the digital and physical worlds. The young project appears confident in its ability to provide unique features.
The price of IoTeX (IOTX) has risen dramatically in recent years, accompanied by high volatility. The platform serves as the backbone for machine economics, allowing machines ranging from smart devices to autonomous vehicles to function.
Do you want to invest in IOTX but are unsure about the returns? Look no further as we decode the digital asset’s possible IOTX price prediction for 2022 and the years ahead!
What Is IOTX Coin?
IoTX has created a decentralized network to empower real-world devices, including pebble geo machines and blockchain-driven cameras from the Consumer Electronics Show (CES). It is, therefore, suitable for supply chain management in various businesses. The network also wants to be known as a high-quality, innovative, and reliable brand.
Various safeguards are in place on the network to ensure the privacy of traders and transactions. However, the platform has its native token, “IOTX.” The utility token might be used to pay for transactions, stake and supervise the platform, and connect to new devices, among other things.
Decentralized identification, confidential computing, and secure hardware have all been developed on the IoTX blockchain. This also connects to self-driving devices like Pebble, a Ucam real-world oracle. The devoted team has built the critical infrastructure pieces to connect the ETH, BSC, and Heco blockchains. Thousands of traders profit from the ioTube bridge and the ioPay wallet.
Fundamentals Of IOTX Coin
Raullen Chai, Qevan Guo, Xinxin, and Jing Sun, four co-founders, founded IoTeX as an open-source project in 2017. Raullen Chai, the company’s co-founder and CEO, is currently in charge. As an advisor at BootUP Ventures, he has gathered a wealth of information.
In addition, he was a member of an industrial internet consortium’s Industrial Distributed Ledger (IDT). He was also the chief of crypto research and development (R&D) and a security engineer at Uber. Qevan Guo started Hyperconnect Lab after working at Facebook as a research scientist and engineering manager.
Before joining IoTeX, another co-founder, Xinxin, worked as a research engineer at Bosch Research and Technology Center. As a research associate and project manager at the University of Waterloo, he obtained invaluable experience. Jing Sun also worked at Sparkland Capital as a managing partner.
IoTeX is the first network to connect physical world data to Dapps and is decentralized, with 100 delegators. Furthermore, each transaction is essentially immediate and at a consistent cost. By carefully engaging with partners and refining their user-centric solutions for hassle-free onboarding to IoTeX, the platform seeks to prioritize aggressive network growth.
IoTX Price Prediction Chart
IoTX Price Prediction 2022
According to our in-depth technical analysis of past IOTX price data, the price of IoTeX is expected to reach a minimum of $0.032 in 2022. With an average trading price of $0.033, the IOTX price can reach a maximum of $0.037.
IoTX Price Prediction 2023
If the price of IoTeX rises with the tide of an upcoming alt season. The price would eventually reach a high of $0.4833. The price would hit $0.4026 with typical buying and selling pressures. In a bearish scenario, the price would tumble to a minimum of $0.3013.
IoTX Price Prediction 2024
According to the forecast price and technical analysis, the price of IoTeX will reach a minimum of $0.066 in 2024. With an average trade price of $0.068 and a maximum price of $0.079, the IOTX price can rise to $0.079 any time.
IoTX Price Prediction 2025
In 2025, the price of one IoTeX will reach a minimum of $0.095. Throughout 2025, the IOTX price might reach a maximum of $0.12, with an average price of $0.098.
IoTX Price Prediction 2026
In 2026, the lowest possible price for IoTeX is expected to be $0.15. According to our research, the IOTX price might reach a high of $0.17, with an average expected price of $0.15.
IoTX Price Prediction 2027
According to our in-depth technical analysis of historical IOTX price data, the price of IoTeX is expected to be about $0.21 in 2027. The price of IoTeX can go as high as $0.25, with an average trading value of $0.22 in USD.
IoTX Price Prediction 2028
In 2028, the price of IoTeX is expected to reach a minimum of $0.30. Throughout 2028, the IoTeX price might reach a maximum of $0.37, with an average trading price of $0.30.
IoTX Price Prediction 2029
According to the projection and technical analysis, the price of IoTeX is anticipated to reach a minimum of $0.43 in 2029. The price of IOTX can reach a maximum of $0.52, with an average price of $0.45.
IoTX Price Prediction 2030
In 2030, the price of IoTeX is expected to reach a minimum of $0.64. Throughout 2030, the IoTeX price might reach a maximum of $0.75, with an average trading price of $0.66.
Is The IoTX Coin A Good Investment?
It is possible to forecast that investing in IOTX for the long term would be profitable based on the facts. It’s a solid investment because the Internet of Things is expected to grow.
Let’s look at big investor forecasts and what they say about IoTX coin:
According to Wallet Investor’s prediction, IoTeX’s price will likely rule the Metaspace, reaching a high of $0.152. By the end of 2022, the minimum and average prices might be $0.1084 and $0.130, respectively. By the end of 2023, the firm’s experts predict the price will hit a high of $0.233. By 2025, it might reach a high of $0.415 per share.
According to Digital Coin Price, the IOTX price will reach a maximum of $0.10 by 2022. For 2023 and 2025, the highest projections are $0.12 and $0.15, respectively.
The price prediction of IoTX has been changed by Gov. Capital, which now estimates the tokens to reach a maximum of $0.1449. On the contrary, market trend reversals would drive the price down to $0.1071. By 2022, it would be trading at $0.126 due to average purchase and sell pressures.
The website has also made long-term projections. By the end of 2025, it anticipates the price will reach a high of $0.5359. According to the analysts, the average and minimum trade values might decrease to $0.466 and $0.3961, respectively.