As an old currency, IOTX did not suffer a big drop in this round of market due to the collective collapse of the copycats, and the price of the currency was also relatively strong, rising 7 times from the bottom without realizing it! However, few people in the market are talking about it, and all the traffic has been attracted by various new coins. Today, let's talk about IOTX, an old project, and whether there will be new developments in this round of bull market and whether it will reach a historical high.
Iotx's network transaction fees in the fourth quarter of 2023 increased significantly, with a quarterly growth rate of more than 3000%, which is a pretty amazing number! What's more amazing is that it has also developed a middleware called W3bstream, which is like a universal interface that can be used on any chain. It's amazing!
Recently, iotx also announced its integration with sol, which means that all depin projects on sol can use iotx technology. This is a big move, which further highlights the potential of iotx.
In addition to these, iotx has also been favored by many institutions, and its financing situation is also quite good. Although I cannot reveal too many specific figures, you can imagine that there must be a reason why so many institutions are optimistic about it.
So, is this iotx coin worth investing in? I think from a valuation perspective, its current market value is not high, but considering its potential and narrative ability, there is still a lot of room for future growth. Of course, investment always has risks, but if you are interested in the depin track, then iotx may be a good choice
Recently, the data performance of iotx has been eye-catching. In the fourth quarter of 2023, its network transaction fees achieved an astonishing growth, with a quarterly growth rate of more than 3,000%, and the transaction amount exceeded the $212,000 mark. This achievement is not only astonishing, but also shows the huge potential and market recognition of iotx.
What is even more exciting is that IOTX recently announced a deep integration with Sol, which means that all DePin projects on Sol will be able to enjoy the dividends of IOTX technology. This cooperation not only broadens the application scenarios of IOTX, but also injects strong impetus into its future development.
Recently, the price of iotx has shown some abnormal movement, with an increase in the number of buy orders and a decrease in sell orders, which has triggered the market's infinite imagination about the future trend of iotx. Large institutions may be quietly accumulating funds, indicating that iotx is about to usher in a new wave of rising prices.
In terms of financing, iotx has also performed well. It has successfully completed four rounds of financing, with a total amount of up to 35 million US dollars. Although two rounds of financing have not yet been disclosed, judging from the disclosed information, its financing ability is already impressive enough.
From a valuation perspective, although the current market value of iotx is relatively low, its potential as a public chain cannot be ignored. With the continued popularity of the depin field and the continuous maturity of iotx technology, its market value is expected to quickly climb to new heights.
At present, the daily line has been in a bulldozer state, and there should be an explosive period in the near future!
