IoTeX (IOTX) Price

IoTeX (IOTX) is a utility token powering the IoTeX platform, which connects Internet of Things (IoT) devices with decentralized applications. Currently ranked #490, IOTX trades at $0.005233 with a +4.61% change in the last 24 hours. IOTX serves multiple functions within the IoTeX ecosystem: it powers network transactions, enables smart contract execution, and allows users to become stakeholders in the network. The token supports IoTeX's mission to build a decentralized network for IoT devices, focusing on privacy, security, and scalability. With a market cap of $49.40M and a circulating supply of 9.44B IOTX, IOTX has established itself in the DePIN (Decentralized Physical Infrastructure Networks) sector. The token operates across multiple blockchains including Ethereum, Polygon, and Base ecosystems, enhancing its accessibility and utility.

IoTeX was created on May 23, 2018. The project launched its cryptocurrency as part of its blockchain platform focused on Internet of Things (IoT) devices. Since its inception, IoTeX has grown to become a significant player in the IoT blockchain space, currently ranking #490 in the cryptocurrency market with a market capitalization of $49.40M. The token has a maximum supply of 10.00B IOTX coins, with 9.44B IOTX currently in circulation.

IoTeX was founded by four individuals: Qevan Guo, Raullen Chai, Jing Sun, and Xinxin Fan. These founders launched the project in 2018 with a vision to connect the physical world of Internet of Things (IoT) devices with blockchain technology. Raullen Chai serves as the CEO and brings experience from his previous roles at Google and Uber. The founding team combines expertise in cryptography, distributed systems, and machine learning to build the IoTeX ecosystem, which aims to enable trusted data exchange between IoT devices and applications through its blockchain platform.

IoTeX (IOTX) works as the native cryptocurrency of the IoTeX blockchain platform, which connects IoT devices in a decentralized network. The token serves multiple functions: 1. Transaction fees: Users pay IOTX for operations on the network 2. Staking: Token holders can stake IOTX to participate in network security 3. Governance: IOTX holders vote on protocol decisions through a Roll-DPoS consensus mechanism 4. Device registration: IoT devices use IOTX to register on the network With a current price of $0.005233 and market cap of $49.40M, IOTX has a maximum supply of 10.00B IOTX tokens. The platform enables secure machine-to-machine interactions, data monetization, and decentralized applications focused on IoT use cases. IOTX is cross-chain compatible, available on Ethereum, Polygon, BSC, and Base networks.

IoTeX operates on a layered blockchain architecture powered by Roll-DPoS (Delegated Proof of Stake) consensus mechanism. The technical framework includes: 1. Core Blockchain Layer: Handles transaction validation, smart contracts, and maintains the distributed ledger with high throughput and low latency. 2. IoT-Optimized Protocol: Features lightweight cryptography specifically designed for resource-constrained IoT devices. 3. Cross-Chain Communication: Utilizes a cross-network communication protocol enabling interoperability with Ethereum, Polygon, BNB Chain, and Base networks. 4. Privacy Layer: Implements advanced privacy-preserving technologies to secure device data while enabling trusted computation. 5. MachineFi Framework: Supports device registration, decentralized identity, and tokenization of machine-generated data. The architecture is designed to connect physical devices to the blockchain world, creating a decentralized network where machines can autonomously interact, transact, and create value in a secure, scalable environment with IOTX as its native utility token.

IoTeX has a promising future with a clear roadmap focused on Web3 and IoT integration. The project aims to expand its DePIN (Decentralized Physical Infrastructure Networks) ecosystem through 2026-2027, connecting more real-world devices to blockchain. Key upcoming developments include: 1. MachineFi 2.0 - Enhancing the connection between physical devices and DeFi applications 2. W3bstream expansion - Improving their decentralized computing platform 3. Cross-chain interoperability enhancements with Ethereum, Polygon, and Base ecosystems The team is targeting increased enterprise adoption and expanding their developer ecosystem. With a maximum supply of 10.00B IOTX and current market cap of $49.40M, IOTX is positioned to grow as IoT adoption increases. Analysts project IOTX could reach approximately $0.032 by late 2026 and potentially $0.125 by 2031 as their roadmap execution progresses.

IoTeX is rising due to its expanding IoT blockchain ecosystem, recent 60-day growth of 13.72%, and increasing adoption in DePIN (Decentralized Physical Infrastructure Networks). Market trends and technology developments in real-world device integration are driving investor interest.

IoTeX is currently dropping due to market volatility, with a 24-hour decline of +4.61%. This follows broader crypto market trends, reduced trading activity (volume down to $6.15K), and profit-taking after recent gains. IoT sector sentiment and macroeconomic factors also contribute to the price pressure.

IoTeX has potential to surpass its previous high of $0.0696 (December 2024). Currently trading at $0.005233, analysts project it could reach $0.05-0.08 by 2027 and possibly $0.10-0.15 by 2031 with continued IoT adoption.

Based on market analysis, IoTeX could reach $0.0324 by September 2026. Analysts project IOTX may hit $0.1252 by 2031, showing strong growth potential from its current price of $0.005233. Recent trends indicate positive momentum despite +4.61% fluctuation today.

The current price of IoTeX (IOTX) is $0.005233. As the #490 cryptocurrency by market cap, IOTX has seen a +4.61% change in the last 24 hours with a trading volume of $6.15K.

The highest price IoTeX has ever reached was $0.221 on November 14, 2021. Since then, IOTX hasn't surpassed this all-time high value.

The lowest price of IoTeX has ever been $0.001215 on March 13, 2020, representing the all-time low for this cryptocurrency since its launch.

Currently, 1 IOTX is worth $0.005233.

IoTeX is valuable as the native token powering IoT device connectivity, securing machine-to-machine transactions, and enabling decentralized applications in the IoT ecosystem. With a market cap of $49.40M and maximum supply of 10.00B IOTX, it offers utility for device registration, data exchange, and governance.

Currently, there are 9.44B IOTX IOTX coins in circulation, with a maximum supply capped at 10.00B IOTX. This represents about 94.4% of the total possible supply.

IoTeX mining profitability depends on electricity costs and hardware investment. With current $0.005233 and network difficulty, mining can be profitable if your operational costs are low. Check real-time calculators for accurate estimates based on your specific setup.

IoTeX was officially launched on May 23, 2018. It has been in circulation for over seven years as of 2026-05-10, establishing itself as a key cryptocurrency in the IoT blockchain space.

Currently, one IOTX costs $0.005233.

You can buy IoTeX through centralized or decentralized exchanges(Gate.com). Simply create an account, complete identity verification, deposit funds, and place an order to buy IOTX at $0.005233. Crypto ATMs also offer direct purchases.

To purchase IOTX, create an account on a reputable cryptocurrency exchange(Gate.com), complete identity verification, deposit funds using bank transfer or card, navigate to IOTX trading pair, enter purchase amount, and confirm your transaction. Store your IOTX in a secure wallet for safekeeping.

Yes, IoTeX is considered safe and legitimate. It's backed by a strong team, has been adopted by the US Navy for supply chain logistics, and focuses on privacy and scalability in the IoT space. With a market cap of $49.40M and ranking at 490, it demonstrates stability in the crypto ecosystem.

IoTeX (IOTX) is used for network participation, delegation, service provision, and stakeholding on the IoTeX blockchain. It powers the entire ecosystem, enabling users to interact with IoT devices, participate in governance, and access decentralized applications.

IoTeX could reach $0.03-0.07 by 2027 based on current trends. With its IoT focus and growing ecosystem, analysts project potential growth to $0.10-0.15 by 2028 if market conditions remain favorable and adoption increases.

Based on market analysis, IoTeX is projected to reach $0.063747 by the end of 2026, representing a 190.52% increase from its $0.005233 value. This growth forecast is supported by IoTeX's expanding IoT ecosystem and DePIN applications.

While price predictions vary, IoTeX could reach around $0.0324 by September 2026 and potentially $0.1252 by 2031 based on market analysis. Current price is $0.005233 with a market cap of $49.40M.