Introduction to IoTeX
IOTX is the native Ethereum token powering the IoTeX platform—a decentralized network designed to bridge IoT (Internet of Things) devices like smart sensors and cameras with blockchain-based applications. Key utilities of IOTX include:
- Transaction fees: Pay for network operations.
- Staking and governance: Participate in network security and decision-making.
- Device registration: Add new IoT devices to the ecosystem.
Performance Overview
Price Trends
- Current Price: $0.12 (BRL).
- 24-hour Change: ↗ 1% increase.
- 7-day Change: ↘ 0.39% decline.
- All-Time High (ATH): $2.70 (November 4, 2021), reflecting a -95% drop from current levels.
Market Data
- Circulating Supply: 9.44 billion IOTX (94% of max supply).
- Market Cap: $1.11 billion.
- Fully Diluted Valuation: $1.18 billion.
Market Details
Comparative Performance
- IOTX vs. Broader Market: ↘ 61.73% underperformance.
Key Tags
- Platform
- Distributed Computing
- DeFi
- IoT
Network Addresses
| Network | Contract Address |
|------------------|---------------------------------------------------|
| Base | 0xBCBAf311ceC8a4EAC0430193A528d9FF27ae38C1 |
| Ethereum | 0x6fB3e0A217407EFFf7Ca062D46c26E5d60a14d69 |
| BNB Smart Chain | 0x9678E42ceBEb63F23197D726B29b1CB20d0064E5 |
| Polygon | 0xf6372cDb9c1d3674E83842e3800F2A62aC9F3C66 |
Price History
| Timeframe | Price (BRL) | Change |
|-----------|------------|-------------|
| Today | $0.12 | ↗ 1.37% |
| 1 Day | $0.12 | ↗ 1.37% |
| 1 Week | $0.13 | ↘ 0.39% |
| 1 Month | $0.15 | ↘ 13.00% |
| 1 Year | $0.22 | ↘ 43.13% |
FAQs
What is IoTeX?
IoTeX is a decentralized platform launched in 2017, combining IoT and blockchain to enable trusted machine-human interactions. Its EVM-compatible blockchain uses Roll-DPoS consensus, managed by 100+ global delegates.
How does IoTeX work?
- Consensus: Roll-DPoS ensures scalability.
- Token Utility: IOTX fuels transactions, governance, and device onboarding.
- Burndrop Mechanism: Manages token supply as IoT adoption grows.
Use Cases
- Smart Devices: e.g., Ucam (decentralized camera).
- Data Oracles: e.g., Pebble (real-world data feeds).
- DeFi Integration: NFTs, weather derivatives, and machine-learning applications.
Where can I buy IOTX?
👉 Purchase IoTeX via trusted exchanges
Additional Insights
- Trading Volume (24h): $45.82 million.
- Coinbase Rank: #55 by market cap.
- User Sentiment: 89% of Coinbase users are net buyers.
Related Assets
- Synthetix (SNX)
- Aave (AAVE)
- Baby Doge Coin
Disclaimer: This content is for informational purposes only and does not constitute financial advice. Always conduct independent research.
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