In this guide, we will voice our own and market’s opinion on IOTX future while discussing IoTeX price forecast for 2024 and beyond.
Please bear in mind that you should take this and any other prediction with a grain of salt since predicting anything is a thankless task, let alone predicting the future of a novel, highly volatile financial asset like IoTeX.
Now, let’s head into it. Before we delve deep into the IoTeX price prediction and answer questions if IOTX is a good investment or not, why will IOTX succeed or fail or why will IoTeX price rise or drop, let’s quickly throw a glance at what is IOTX and its to date history.
Our IOTX price forecast suggests the token price will be around $0.0260 in the next 90 days.
👉 IoTeX Price Prediction 2024
Our IOTX price forecast suggests the token price will be around $0.1148 in 2024.
👉 IoTeX Price Prediction 2025
We predict the IoTeX price to hover around $0.1579 in 2025 based on our analysis.
👉 IoTeX Price Prediction 2026
In 2026, we expect the IoTeX price to be approximately $0.1837 according to our price prediction model.
👉 IoTeX Price Prediction 2027
Our IOTX prediction indicates the token price will be in the vicinity of $0.2310 in 2027.
👉 IoTeX Price Prediction 2028
For 2028, we forecast the IOTX price to be around $0.2784 given current trends.
👉 IoTeX Price Prediction 2029
Looking ahead to 2029, we estimate the IoTeX price will settle around $0.3258.
👉 IoTeX Price Prediction 2030
Our IOTX price prediction suggests a token price of about $0.3394 by 2030 based on projected growth.
What you'll learn 👉
IoTeX – Intro
IoTeX (IOTX) is a digital currency that fuels the IoTeX blockchain, acting as a gateway to its market. As an ERC20 token, it’s the core currency of the IoTeX network, a decentralized platform that blends advanced technologies like machine learning to monetize smart devices and digital assets fully. Established in 2017 as an open-source initiative, IoTeX’s mission is to foster an open economy for machines.
The platform envisions a seamless world where humans and machines can interact without barriers, making machine-powered DApps, assets, and services accessible to all by bridging the physical and digital realms. The network ensures interactions between machines and humans are conducted with autonomy, trust, and privacy.
Notable features include a cross-chain bridge to Polygon, part of the Ethereum network. Rooted in the Internet of Things (IoT) concept, IoTeX simplifies adding new devices to its network, with over 9,366 smart devices currently active on its protocol.
IOTX Price Prediction For The Next 90 Days
As the first part of 2024 concluded, we can say that this year has started on a high note for the cryptocurrency industry, marked by significant milestones and growing enthusiasm. Following the landmark approvals of Bitcoin ETFs, there has been a noticeable surge in interest from both retail and institutional investors, signaling a robust period of growth and acceptance for digital assets. These developments have not only bolstered investor confidence but have also hinted at a maturing market that is increasingly aligning with traditional financial systems. With the regulatory landscape beginning to stabilize and provide clearer guidelines, the cryptocurrency market is poised for a transformative year, potentially setting new benchmarks for adoption, innovation, and investment. Bitcoin ETF approvals were done in early January, setting a positive tone for the market. Analysts had predicted the SEC would decide on Bitcoin ETF applications potentially catalyzing industry growth. The approvals have been seen as a significant step towards mainstream acceptance and have sparked optimism among investors and traders alike. Now, attention is turning towards post-halving rallies, with the BTC halving now behind us. Bitcoin has almost tripled in price since last summer, with the recent Wall Street earthquake and the upcoming halving expected to further boost Bitcoin, Ethereum, and the broader crypto market. Bitcoin is trading around $65k now, after it hit a new ATH of $73k in March. Ethereum also had its own ETFs approved by SEC. The ETH price is currently around $3,500 and still has not broken its ATH from the 2021 bull run. Investors are hopeful this will happen soon. The majority of investors, traders, and crypto influencers are hopeful that the real crypto bull run will finally commence, bolstered by the recent ETF approvals and anticipation of the upcoming Bitcoin halving event. ETFs, a growing meme coin, AI crypto coins, and RWA mania have helped the bull run to gain momentum. The total market cap (TMC) is now $2.3 trillion.
Below is a tabular overview of how will IOTX develop in the short-term (for the next 90 days), according to our prediction model:
IoTeX Price Prediction 2024
The cryptocurrency market has shown promising signs for gains in the first few months of 2024, with Bitcoin leading the charge. BTC has first seen an impressive gain, hit new ATH of around $73k in March, but then retraced to the current levels in the $60-65k area. Total market capitalization is currently at around $2.3 trillion (it around $1 trillion in June last year).
This resurgence is buoyed by several factors, including the approval of Bitcoin spot ETFs in early 2024, which has played a pivotal role in attracting institutional investors and boosting market confidence. Moreover, Bitcoin halving is now behind us, but BTC price didn’t perform well around this event (post-halving retracement mentioned above).
However, the growing interest in various cryptocurrency sectors, such as meme coins, real-world asset (RWA) coins, and AI crypto coins, has also contributed to the bull run, showcasing the market’s evolving nature and its ability to adapt to new trends and technologies. Coins such as RNDR or ENA produced nice gains.
Looking ahead, the market is poised for what many experts believe could be a prosperous period. The Ethereum ETFs approvals are now also a done deal. All in all, the whole crypto community is preparing for the next leg up in this bull run.
CaptainAltcoin’s prediction model takes market sentiment into an account and reacts accordingly. Below is a month-by-month breakdown for the next 12 months:
IOTX Price Prediction 2025
Our prediction model sees IOTX reaching $0.1579 in 2025.
What will IOTX be worth in 5 years?
The price of IOTX in 5 years could lie around $0.1056, according to CaptainAltcoin’s prediction model.
IotEx Price Prediction 2030 – 2040
What IoTeX will be worth in 2030?
Our forecasting model sees IoTeX reaching $0.3947 in 2030.
What IoTeX will be worth in 2040?
Our forecasting model sees IoTeX reaching $0.7894 in 2040.
Will IoTeX replace / surpass / overtake Bitcoin?
No, IoTeX will not replace or overtake BTC.
Can IoTeX reach $10?
No, our prediction model sees no possibility for IoTeX to reach $10 in the short or mid-term period.
Can IoTeX reach $100?
No, our prediction model sees no possibility for IoTeX to reach $100 in the short or mid-term period.
Is IoTeX worth buying?
We are advocates of moderately risky investing – invest most of your crypto portfolio in BTC (50%); 35% in a basket of big cap coins and the rest in small projects with huge upside. So, in this context, IoTeX is worth buying.
Is IoTeX a good investment?
IoTeX is, just like all other cryptocurrencies, a risky investment. It does have higher probability of going up than down because of the good use case, well-designed tokenomics, active community and a solid team behind it.
How much will IoTeX be worth?
For the short-term future, it could reach $0.0260. In the long-term (8-10 years), it could jump to $0.3947 or even higher.
Why will IoTeX succeed and go up in price?
IoTeX has a good use case, well-designed tokenomics, active community and a solid team behind it. All of these are a prerequisite for success and that is why our prediction model sees IoTeX rising up to $0.3947 in 2030.
Why will IoTeX fail and drop in price?
Crypto projects fail for various reasons. Some of the most common ones are: team goes rogue and abandons the project, regulators declare it illegal and press exchanges to delist it, lack of media attention, more successful competitors, lack of well designed marketing strategy, losing community support, potential vulnerability in the protocol, failing to achieve anticipated minimum developement activity on the protocol, failing to attract new developers to build on their platform.
Can IoTeX reach $1?
Yes, it is possible that IoTeX can reach $1 but only in the distant future, after 2030.
How high will IoTeX go?
Our forecasting model sees IoTeX price exploding and reaching $0.7894 in a distant future.
What is the short-term prediction for IoTeX?
IoTeX will reach $0.0260 in the next 90 days, which is a 41.8% change over the current price which hovers around $0.0447.
Can IoTeX make you a millionaire?
Yes, if you buy large enough sum of it. Do not expect to invest $100 and become a IoTeX millionaire. But 100x price explosions are a common sight in crypto, so a $10k investment in IoTeX could make you a millionaire.
IoTeX Price Prediction Today - What will be the price of IoTeX tomorrow?
IoTeX will hover around $0.0446 tomorrow.
Can IOTX Coin Reach $1? Market Price Predictions
Here’s a summary of the projected prices for IoTeX (IOTX) in 2024 and the years following:
- CoinMarketCap: They estimate that IoTeX could potentially reach or exceed a value of $0.077 in 2024.
- Gov Capital: Their prediction for IoTeX stands at $0.089643410114826 USD on December 10, 2024, with a significant increase to $0.333 USD by 2028.
- Traders Union: According to their analysis, IoTeX is expected to trade between $0.02651 and $0.03241 by the end of 2024, rise to $0.03606 by the end of 2025, and potentially reach $0.0991 by 2030.
- Changelly: They forecast that in 2024, IoTeX’s price could fluctuate between $0.3083 and $0.3599.
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