IoTeX Price Prediction After The Spectacular Rebound| bitcoin news | crypto news
The IoTeX price is holding steady even as Bitcoin and other altcoins retreat. The IOTX token is trading at $0.1320, which is about 30% above the lowest level this week. Its market capitalization has risen to about $1.2 billion, making it the 81st biggest cryptocurrency in the world.
--IoTeX is a blockchain project that seeks to power billions of devices and decentralized applications across the physical and digital world. This is a major industry because of the rising number of devices globally. It is estimated that there will be more than 100 billion connected devices globally by 2030.
--It is unclear why the IOTX price is rising even as other coins struggle. A possible reason is that the market is cheering the IoTeX Foundation partnership with Covalent. Covalent is a leading company that provides indexing services for blockchains.
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source : https://www.investingcube.com/iotex-price-prediction-after-the-spectacular-rebound-cryptocurrencies/
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