IoTeX Is Up 3.32% – Is It a Good Time to Buy IOTX?
Join Our Telegram channel to stay up to date on breaking news coverage Despite the crypto market’s poor performance, the IoTeX is up 3.32%, extending its winning streak, and is now trading at around $0.0336 due to network development and increased user adoption. The leading developer of IoTeX, MachineFi Lab, received funding from a California venture capital firm due to the platform’s ability to provide consumers unprecedented access to their data. Messari Research claims that IoTeX is ready to expand its usage because it intends to onboard new and legacy internet-of-things devices without building them. However, the reason for its bullish resurgence is that no other blockchain IoT project is currently as comprehensive as IoTeX. On the negative side, the values of many cryptocurrencies, including the world’s largest cryptocurrency, Bitcoin (BTC), as well as Ethereum (ETH), XRP, Cardano (ADA), Solana, and meme token Dogecoin (DOGE), have all dropped significantly. Thus, the bea