IoTeX / TetherUS
Long

#IOTX 1D: 100% Circulating Supply – Stable Growth. 11/28/24

Launched in 2017 as an open-source project, IoTeX has evolved into a decentralized platform empowering the open economy for machines. It is an ecosystem where people and machines interact with trust, autonomy, and carefully designed economic incentives.

Nearly 100% of all tokens are already in circulation, a crucial factor as it eliminates future unlocks that could lead to large-scale sell-offs. This reduces market volatility caused by major sales.

The current price level appears to be a "bottom," making further declines unlikely.

With a market cap exceeding $400 million, IoTeX has growth potential. If its market cap increases significantly, the token price could follow, indicating the project has yet to reach its full potential.

IOTXUSDT shows promising potential for further growth, supported by the limited availability of tokens for large investors.

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