IoTeX Price Prediction 2025 and 2030: Is IoTeX Crypto A Good Investment?

What Is IoTeX?

To start things off, let's learn what IoTeX is and how it works. Then, you can hop on the train to explore the IoTeX price prediction 2025 and all you need to make sure IoTeX crypto is a good investment.

In simple terms, IoTeX combines secure blockchain tech with the Internet of Things (IoT). To proceed, you need to know the basics of IoT and blockchain.

IoTeX is the lightning-fast, ultra-secure, and highly scalable blockchain platform bridging real-world data and on-chain dApps. It started its journey in 2017 with a vision for the Internet of Trusted Things, a decentralised ecosystem where humans and machines can interact with guaranteed security and trust. 

How Does IoTeX Work?

IoTeX is a decentralised, EVM-compatible blockchain where people control their own data rather than giant corporations. IoTeX aims to connect IoT devices (such as cameras, sensors, and other devices connected to the Internet) to decentralised applications.

To achieve this goal, IoTeX applies several devices and projects, including Ucam, Pebble Tracker, and their newborn project, MachineFi. Let’s learn about them in detail.

Read more: Gala Price Prediction 2023, 2025 and 2030: Is Gala A Good Investment?

Ucam

Ucam is the world’s first home security camera with 100% privacy and user data ownership powered by the IoTeX blockchain. It offers 1080p HD live stream, Cloud/ MicroSD storage, motion detection alerts, night vision, two-way audio, and in-app pan/ tilt/ zoom features, and it is designed to protect your personal videos with end-to-end encryption.

Pobble Tracker

Another product powered by IoTeX is Pebble Tracker, a gadget to verify real-world data, such as location, motion, light, and temperature.

It allows the users to take real-time control of the data from physical objects and securely track any object on the IoTeX blockchain.

ioPay 2.0

ioPay wallet allows you seamlessly switch between IoTeX, Ethereum, BSC, and Polygon networks.

MachineFi

MachineFi is a Web3 Machine Economy powered by IoTeX, bridging the real world and the Metaverse. It is a space where you are the owner and beneficiary of your data, privacy, and money.

What Is IoTeX Token?

The IoTeX platform owns its unique token, IOTX, which fuels the IoTeX ecosystem. It can be used to pay for transactions, staking, governance, and register each new device on the IoTeX network.

How can each user group make use of the IOTX token? Here are the use cases:

• Service providers can offer services/ DApps.
• Users can pay for these services/ DApps and stake/ vote for delegates.
• Delegates can stake the token and produce new blocks.
• Developers can power their DApps and incentives.

IoTeX Token Price History

• Data from Cryptologist shows that the IoTeX token trade started on May 26, 2018, at $0.025.
• On Nov 13, 2021, the IoTeX token saw a considerable price increase and reached its All-Time High at $0.26.
• Within the last year, the IoTeX price has dramatically dropped by 85%, i.e., if you had invested $100 in IoTeX, you would have $15 left.
• However, recently, the crypto market has been experiencing its worst days ever, with tremendous ups and downs, and IoTeX’s price has seen a nearly 22% drop in value over the past month.
• And now, on Nov 30, 2022, each IoTeX token is being traded at $0.023, which is %1766 higher than its ATL, but %91 lower than ATH.

IoTeX Token Financial Analysis

Looking at IoTeX financial analysis aids us in learning how the token has performed recently and how the changes have affected IoTeX price prediction 2025.

IoTeX Tokenomics

The following pie chart indicates how IoTeX tokens are distributed among the network.

• %18: Pre-Mined Rewards & Airdrops
• %24: Investors
• %58: Project and Founders

Read more: Orca Price Prediction 2023, 2025 and 2030. Is ORCA A Good Investment?

ROI

IoTeX’s ROI (Return on Investment) decreased by %85 during the past year, while similar projects had 1148% growth over the same timeframe.

MarketCap

Today, on Nov 30, 2022, IoTex is standing on the rank #117 by market cap, with a circulating supply of 9,540,779,324 IOTX coins and a Maximum Supply of 10,000,000,000 IOTX coins.

IoTeX ATH and ATL

Two years ago, the IoTeX token saw a massive drop in value and recorded its ATL of $0.0012 on Mar 13, 2020. About one year after touching its ATL, on Nov 13, 2021, the token’s value skyrocketed and achieved its highest price of $0.25. 

IoTeX Token Fundamental Analysis

IoTeX token price prediction for 2025 also depends on the team behind it and its popularity. Keep reading to find out where IoTex has come from and how it has performed within social media platforms to gain popularity.

Team

Enabling developers, smart device manufacturers and businesses to connect billions of machines with Web3 infrastructure, IoTeX was founded by Raullen Chai, a Cryptography Research Scientist at UWaterloo.

The team behind the IoTeX project consists of professional research scientists and top engineers. Visit IoTeX's official website to meet the team.

Popularity

Considering popularity over the last six months, IoTeX’s Reddit and Twitter growth rates were about 2%, while its Telegram members decreased by %14.

Investors

Here is a list of IoTeX top investors.

• 8Decimal Capital 
• Alphacoin Fund
• Block VC
• Block 0
• DU Capital
• ChainFund Capital

Read more: HBAR Price Prediction 2023, 2025 and 2030: Is HBAR A Good Investment?

IoTeX Token Price Prediction 2023

Considering mathematical algorithms and if other major factors affecting the market remain unchanged, experts predict that the token can hit a maximum price of $0.072, with an average price of $0.061 and a minimum value of $0.33 in 2023.

IoTeX Token Price Prediction 2024

Crypto experts forecast that each IoTeX token can be traded at a maximum level of $0.10, an average trading price of $0.086, and a minimum price of $0.049 throughout 2024.

IoTeX Token Price Prediction 2025

According to the IoTeX price prediction based on financial charts and price actions, there is a possibility that IoTeX can break through the $0.0872 barrier and reach a maximum price of $0.10.

It is also predicted that the IoTeX token can cross the $0.12 average price level and reach a maximum value of $0.15 by the end of 2025.

IoTeX Token Price Prediction 2030

The IoTeX price prediction algorithms and technical analyses predict that the value of IoTeX will see a maximum price of $0.33, with an average trading price of $0.32, and a minimum value of $0.32, by 2030.

Is IoTeX Crypto A Good Investment?

Putting it all together, we can see that the IoTeX platform is for builders, service providers, and consumers to interact in a decentralised manner and inject blockchain technology into all IoT devices.

Considering IoTeX’s ROI over the past year, which has decreased by %87 and a liquidity score of %48, we couldn't recommend IoTeX for short-term investments. But the long run may hit differently, especially with the bull run ahead.

FAQ

In the following, we’ll answer the frequently asked questions about IoTex to help you better grasp IoTeX price prediction 2025.

How Many IoTeX Coins Are There?

At the time of writing this article, on Nov 30, 9,392,124,639 IoTeX coins are available out there, with a total supply of 9,496,266,827 coins.

How High Will IoTeX Crypto Go?

IoTeX price prediction 2025 says that there is a chance for IoTeX to hit a maximum price of $0.0973 throughout 2025.

However, the crypto market is highly volatile, with the potential for significant upward and downward movements over shorter periods and its next to impossible to predict a coin’s exact price.

What Is IoTeX Doing?

IoTeX s a decentralised, EVM-compatible blockchain that aims to combine secure blockchain tech with the Internet of Things (IoT).

Can IOTX Reach 10 Dollars?

Definitely not! The current price of IoTeX is about $0.023 (On Nov 30, 2022), and if the bear market ends and the crypto industry gets stable with positive growth, there is a chance for IoTeX to be traded with an average price of $0.32 during 2030.