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IOTX: A shining star in the DEPIN field
In short, the IOTX chain is specially built for the DEPIN field. Like Mobile, it is a leader in the DEPIN ecosystem. However, direct investment in specific DEPIN projects may be constrained by various factors such as business development and market acceptance. In contrast, investing in a DEPIN public chain such as IOTX may be more secure and wise.
Recently, IOTX's data performance is impressive, with strong growth momentum, and has been widely recognized by Western investors. After in-depth research, I found that it is indeed full of highlights:
In the fourth quarter of 2023, IOTX's network transaction fees achieved an astonishing growth, with a quarterly growth rate of more than 3000%, and the total transaction fee jumped to more than 212,000 US dollars. Such a growth rate is as rapid as riding a rocket!
It is worth mentioning that IOTX has developed a middleware called W3bstream, which is powerful and enables different blockchains to use IoTX technology. At present, well-known public chains such as Ethereum and Solana have adopted this middleware. Even more shocking is that IOTX announced a deep integration with Solana, which means that all DEPIN projects on Solana will be able to use IOTX's technology. This is undoubtedly a bombshell, highlighting IOTX's technological leadership in the blockchain field.
In addition, IOTX also has features such as confidential computing, privacy protection, and domain name services. Although these features are relatively unpopular, they add unique charm to it.
Recently, the market price of IOTX has changed, and some institutions may be secretly absorbing chips.
In terms of financing, IOTX has performed well. It has completed four rounds of financing, of which the publicly disclosed two rounds of financing amounted to as much as 35 million US dollars. There are still two rounds of financing that have not been disclosed, which is enough to show the strong financing ability of IOTX.
The current market value of IOTX is relatively low. But as a public chain, IOTX has great potential. After all, the market value of public chains today is often billions of dollars, or even tens of billions of dollars. If the DEPIN field can continue to be popular, then as the leading public chain in the DEPIN field, IOTX's market value is expected to climb to 2 billion or even 10 billion US dollars.
The current price is not high, but the narrative is strong and there is a lot of room for growth. The bull market target starts at $IOTX 2U!
