In this guide, we will voice our own and market’s opinion on IOTX future while discussing IoTeX price forecast for 2022 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.
IOTX Price Prediction For The Next 90 Days
The whole crypto world is on a verge of a full-fledged bear market. Bitcoin has slumped 50% from its all time high amid the broader market drops impacted by raging inflation and US Fed rate increases. Investors are selling risky assets and moving into more stable markets. Crypto is still perceived as a very risky play and hence the sell off. Our algo still sees a some green in 2022, especially in the second part of the year. This is reflected in our 2022 predictions. Right now, Bitcoin needs to find a local bottom before we can move in the opposite direction and reverse the trend. Once Bitcoin settles in the new price range, altcoins will start to do the same - we have witnessed this scenario dozens of times in the distanced and more recent history. Our price prediction model is bearish for the next 90 days with a hint of a bull market at the turn of the quarters from Q1 to Q2. We expect whales and other bigger players in the market to finish filling their bags around that time which will cause a typical and sudden crypto spike. CaptainAltcoin team created a price prediction model with a multi-faceted approach to crypto that takes into account both technical analysis and fundamental assessment of each project. Fundamentals that we evaluate are team, tokenomics, use case, community, marketing efforts, liquidity and exchange availability, hype & speculative potential and some other proprietary factors developed in our crypto lab.
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 2022
The majority of experts agree that this bear market will last at least for the first quarter of 2022 before we see some stabilization and small trend reversals. CaptainAltcoin’s prediction model takes market sentiment into an account and reacts accordingly. Below is a month-by-month breakdown of 2022:
IOTX Price Prediction 2025
Our prediction model sees IOTX reaching $ 0.1294 in 2025.
What will IOTX be worth in 5 years?
The price of IOTX in 5 years could lie around $ 0.0784, according to CaptainAltcoin’s prediction model.
IotEx Price Prediction 2030 – 2040
What IoTeX will be worth in 2030?
Our forecasting model sees IoTeX reaching $0.3235 in 2030.
What IoTeX will be worth in 2040?
Our forecasting model sees IoTeX reaching $0.6470 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 $0.0205. In the long-term (8-10 years), it could jump to $0.3235 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 $0.3235 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 distanced future, after 2030.
How high will IoTeX go?
Our forecasting model sees IoTeX price exploding and reaching $0.6470 in a distant future.
What is the short-term prediction for IoTeX?
IoTeX will reach $0.0205 in the next 90 days, which is a 41.8% change over the current price which hovers around $0.0352.
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 $0.0386 tomorrow.
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CaptainAltcoin's writers and guest post authors may or may not have a vested interest in any of the mentioned projects and businesses. None of the content on CaptainAltcoin is investment advice nor is it a replacement for advice from a certified financial planner. The views expressed in this article are those of the author and do not necessarily reflect the official policy or position of CaptainAltcoin.com