I found a potential project IOTX, which I really underestimated before. IOTX is an infrastructure for the Internet of Things, which is also the very popular depin.
After I study a project, from which aspects will I analyze whether it is worth participating?
First: consensus. For any project in the cryptocurrency circle, consensus is the most important factor in my opinion, more than any other factor. I will check the official promotion, tg and dc group activity,
Second: development potential. There are many factors to consider, such as technical aspects, financing situation, industry/track, etc. to judge its potential. In simple terms, it means whether this thing can take off in your opinion.
Third: Projects and project owners. Generally, we need to look at the project owner’s plan and the situation of some personnel. At the same time, the development of any project is inseparable from the dealer, and even more so from retail investors. We also need to look at whether the project is friendly to novices, etc.
Through these three points, if the consensus is strong, it is worth everything. If the development potential is very good and you think it will have great development in the future, it is also worth participating. For IoTex, I think it is worth participating in because the DePin track is hot, and the projects that can provide technical support should not be too bad, and the infrastructure platform should be a cornerstone project.
Last year's bull market took only three days to achieve a 10-fold increase. This year's bull market is definitely worth looking forward to.
Currently, the discussion on the forum is very heated, and all major Internet companies are also involved.
The team is strong, the community is lively, and big names are very optimistic about it. It will definitely continue to rise in April.
It has great application prospects in smart homes and industrial manufacturing, and is expected to become a bridge connecting the physical world and the virtual world.
In terms of market value, IOTX is around 700 million US dollars. As the leader of the Internet of Things concept, this market value is simply too low, and there is huge room for subsequent growth. The total amount of IOTX is 10 billion, and 9.5 billion are currently in circulation, which is almost in full circulation. Recently, IOTX has raised another 50 million US dollars and is preparing to focus on investing in the current hot artificial intelligence. IOTX has also launched a pledge mechanism. Staking IOTX not only has returns, but also can win airdrops in the future. Nearly 40% of IOTX tokens are now in a pledged state. Considering that there are very few IOTX circulating in the market, and IOTX is almost in full circulation, there is no token unlocking, which is very conducive to the market maker to pull the market up.
This round of bull market hyped up meme, AI, and the gaming sector. I think the next rotating sector is depin, so the depin leader IOTX is very worth ambush. As an Internet of Things with a trillion-dollar market, IOTX's current price of around 0.07u is really a bargain. I personally think 7u or even 100u is the reasonable price of IOTX.
It just so happens that the market has been fluctuating and correcting in the past few days. Friends who are interested must seize the opportunity to get on board IOTX. The current price is 0.076, and it is expected to double in the short term!
There must be a reason for the emergence of a new thing. If you understand it, do it quickly. If you don’t understand it, follow it. If you wait until you understand it and then enter the market, it will be too late and you will miss many opportunities.
