IoTeX (IOTX) Price Prediction 2024, 2025, 2026-2030: Will IOTX Price Skyrocket To Its

Prediction 2024

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.

IoTeX’s (IOTX) price has seen phenomenal growth with swift volatility throughout the past. The platform acts as a grit for machine economics that serves the functionality of machines ranging from smart devices to autonomous motor vehicles.

So, are you curious to invest in IOTX? Checkout our IOTX price prediction for 2024-2030 now.

Are you keen on investing in IOTX, but obscure of its returns? Look no further, as we decode the feasible IoTeX price prediction for 2024 and the years to come!

Overview

Cryptocurrency	IoTeX
Token	IOTX
Price	$ 0.05126148 -2.31%
Market cap	$ 483,979,038.0302
Circulating Supply	9,441,378,955.0000
Trading Volume	$ 16,335,523.8358
All-time high	–
All-time low	–
24 High	$ 0.0509
24 Low	$ 0.0467

*The statistics are from the time of press.

IoTeX (IOTX) Price Prediction

Year	Potential Low	Average Price	Potential High
2024	$0.05692	$0.07720	$0.1948
2025	$0.08822	$0.12118	$0.16860

IoTeX (IOTX) Price Prediction For 2024

On an optimistic note, the price of IoTeX could propel to its potential high of $0.1948 by the end of 2024. In contrast, lack of mass adoption and depleting industry presence could leave the price at the bottoms of $0.05692. Consequently, the average price could land at $0.07720 by the end of 2024.

IoTeX Price Prediction For 2025

The Internet Of Things (IoT) could disrupt wholesome technology in the coming years. With its hopeful events in line, the future seems to be optimistic for IoTeX. As new landmarks are awaited on its way. If the network successfully accomplishes the planned integrations. Then the price may clinch a high of $0.16860 by the end of 2025.

Conversely, if the platform fails to gain the traction of the user base and fails to execute the events as per the schedule. Then it may easily get defeated by its competitors. In such a case the price may drop to a minimum of $0.08892. That being said, considering the aforesaid outcomes, the average price could land at $0.12118.

IOTX Price Prediction 2026-2030

Year	Potential Low	Average Price	Potential High
2026	$0.127	$0.176	$0.241
2027	$0.183	$0.257	$0.346
2028	$0.263	$0.374	$0.495
2029	$0.379	$0.544	$0.709
2030	$0.546	$0.792	$1.015

IOTX Price Prediction 2026: The potential price for the asset ranges from $0.127 to $0.241, with an average price of $0.176.
IOTX Price Prediction 2027: The projected prices vary between $0.183 and $0.346, with an average of $0.257.
IOTX Price Prediction 2028: Estimates suggest prices to fluctuate between $0.263 and $0.495, with an average of $0.374.
IOTX Price Prediction 2029: Anticipated prices range from $0.379 to $0.709, with an average price of $0.544.
IOTX Price Prediction 2030: Projections indicate prices ranging from $0.546 to $1.015, with an average of $0.792.

Market Analysis

Wallet Investor:

According to the Wallet Investor’s IOTX price prediction. IoTeX’s price might rule the Metaspace and may hit a maximum of $0.0616. That said, the minimum and average price by the end of 2022, could fall at $0.0158 and $0.0394. The analysts from the firm anticipate the price to smash a maximum of $0.0484, by the end of 2023. And its potential high of $0.237, by the end of 2025.

Gov. Capital:

Gov. capital has revised its prediction for the IoTeX price, it expects the tokens to hit a maximum of $0.0647. On the contrary, trend reversals in the market would plummet the price to $0.0478. And with average buy and sell pressures it would end up trading at $0.0563 by 2022.

The website has also made predictions for the long term. It expects the price to surge to a maximum of $0.3887, by the end of 2025. The analysts foresee the possibility of the average and minimum trade values falling at $0.338 and $0.2873 respectively.

Digital Coin Price:

As per Digital Coin Price, the IOTX price is forecasted to hit a maximum of $0.0389 by 2022. The maximum predictions for 2023 and 2025 are at $0.0650 and $0.12 respectively.

To read our price prediction of Quant’s (QNT) click here!

What Is IoTeX (IOTX)?

IoTeX has developed a decentralized network whose core goal is to empower real devices. Including fully blockchain-driven cameras from Consumer Electronic Show (CES) and the pebble geo machine. Making it suitable for supply chain optimization in different industries. The network also aims to stand out as a quality, innovative, and trustworthy brand.

The network clutches various mechanisms that guarantee the privacy of traders and transactions. However, the platform has its own native token called “IOTX”. The utility token could be used to pay for transactions, stake and supervise the platform, and to connect to new devices.

The IoTeX blockchain has a decentralized identity, confidential computing, and secure hardware developed on it. This further connects to autonomous devices such as Pebble, a Ucam real-world oracle. The dedicated team has developed the vital blocks of infrastructures to bridge with ETH, BSC, and Heco blockchains. Like the ioTube bridge and ioPay wallet that benefit thousands of traders.

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.

Fundamental Analysis

IoTeX was launched as an open-source project in 2017 by four co-founders Raullen Chai, Qevan Guo, Xinxin, and Jing Sun. The chief co-founder Raullen Chai is currently serving as the CEO of the company. He has accumulated great knowledge as an advisor at BootUP ventures.

In addition, he had served as a member of the Industrial Distributed Ledger (IDT) at an industrial internet consortium. Also, he was chief of crypto research and development (R&D) and served as engineer security at Uber. Qevan Guo founded Hyperconnect Lab, he had also accumulated knowledge as a research scientist and engineer manager at Facebook.

Another co-founder Xinxin prior to joining hands with IoTeX served as a research engineer at Bosch Research and Technology Center. He gained incredible knowledge as a research associate and project manager at the University of Waterloo. Further, Jing Sun served as a managing partner at Sparkland Capital.

Being the first network to connect physical world data to Dapps, IoTeX includes 100 delegators and is completely decentralized. In addition, every transaction has been practically instantaneous at a reliable cost. The platform aims to prioritize the intensive growth of the network by strategically collaborating with partners and enhancing their user-centric tools for hassle-free onboarding to IoTeX.