SELL: 0,00000298 - 0,00000315, 0,00000340 - 0,00000350
IoTeX is a decentralized network designed for IoT purposes. In addition, this blockchain is focused on user privacy.
In the IoT industry, there is no application that would encourage the average person to implement IoT technology in life. Until this application is released, users have little incentive to spend money, time, or efforts to implement IoT , which is the main task of the platform.
Among the main goals of IoTeX, should highlight the presence of methods that maximize data security, a fast RDPoS consensus algorithm created specifically for IoT , coordination through DAO, which allows creating unified laws in networks of different IoT devices and innovative technology "blockchain in blockchain" to increase scalability, system privacy and interaction ability .
The minimum asset price was formed in mid-August at the level of 0.00000142, and by the end of August, the token began to be actively bought up on portfolios.
At the peak of the price, October 28, the increase was about 200%.
The point of entry into the asset is in the range of 0.00000195 - 0.00000205. At this rate, we open a long position for a part of the deposit, leaving resources for purchase in the range of 0.00000183, because there is a chance that the price will fall to these limits.
During the day, the is 5-11%, the average is about 100 BTC . This provides an opportunity for comfortable intraday trading. It is worth noting that, unlike most altcoins, the asset is very far from the minimum rates.
The asset is well suited for short and medium term trading.
In the long term, it is necessary to observe the development of the project, it has major competitors. In addition, the chart does not show the growth potential of the token in the long term.