IoTeX (IOTX) has been on an exponential rise since the IoTEX crew introduced that it’s going to ship a keynote speech at the DeFiLive event.
IOTX coin has been on a monster bull run since November seventh and the development momentum is getting stronger every day.
After the IoTEX crew delivered their speech throughout today’s presentation, the value of IOTX skyrocketed by over 65%.
What Is IoTeX?
IoTeX is an progressive information privateness blockchain infrastructure for the Internet of Things and IOTX is the token that powers the IoTEX community.
Currently, the IOTX is buying and selling at $0.19 with a buying and selling quantity of $2.9 billion and a whole market cap of $1.8 billion.
IoTeX has a lot of momentum and the market continues to be contemporary.
The present market is making an attempt to supply new assist at $0.2, and may the keynote presentation at DeFiLive present additional bullish assist for IoTeX, it’s anticipated to rise above $0.2 in the subsequent week.
Why is IOTX value on the rise
In the final 24 hours, IoTeX has greater than doubled its value after the IoTeX crew introduced on their official Twitter that they may seem at DeFi Live on Nov tenth.
And true to their announcement, the crew gave a profitable presentation of their presentation today morning leading to the IOTX skyrocketing.
IOTX costs are anticipated to proceed rising if the second-day keynote presentation that can be held in-person tomorrow can be profitable.
Chainlink additionally introduced that they awarded a grant devoted to integrating IoTEX with their oracles a few days in the past.
Chainlink is has a huge cryptocurrency neighborhood and its market cap is presently above $16 billion with a 24-hour buying and selling quantity of two.1 billion.
Chainlink integration can also be a one other contribtuiton to the present IOTX value surge.