⭐IOTEX project analysis⭐

IoTeX (IOTX) is currently the only DePIN modular Web3 infrastructure platform that connects smart devices and real-world data to the blockchain, and is the undisputed leader in the DePIN module.

On April 3, IOTEX announced on Twitter that the IoTeX DePIN ecosystem received $50 million in investment. Funding comes from @snzholding, @ForesightVen, @borderless_cap, @ambergroup_io, @fmgroupxyz, @MetricsVentures, @EV3ventures, @waterdripfund, @SummerEverest and others. $50 million will be injected into long-term staking $IOTX , our DePINsurf accelerator and #BuiltOnIoTeX's DePIN projects. IOTEX focuses on artificial intelligence, energy, mobility and other fields, and promises to create a new era of growth and innovation in the DePIN field.

 

Earlier in February, the wealthy IoTeX announced the launch of a $100 million sustainable ecosystem fund. The new fund will support more than 1,000 decentralized machine economy startups in developing use cases and promote the connection of more than 10 million smart devices to the MachineFi portal in the next three years.

⭐My opinion on this project⭐

IOTX has achieved a 200-fold increase in the last bull market, and has gained great popularity through publicity, essay solicitation and hype on Binance. You can see that with such strong financing and generous investment in ecological development, its future development is certainly worth looking forward to!

⭐Price Prediction⭐

IOTX first looks at the daily K cycle. What can be confirmed at present is that the market is still in the trend. At 0.09-0.22, it almost formed a V-shaped inversion at the weekly K level. With the superposition of a new round of posture and narrative rotation, two or three times is still very predictable!

#IOTX物联网+AI

$IOTX