IoTeX (IOTX) has emerged as a notable player in the blockchain space, particularly within niche sectors like the Internet of Things (IoT) and decentralized physical infrastructure networks (DePIN). As of July 02, 2025, IOTX is trading at $0.0210**, reflecting a modest **+1.78% gain** over the past 24 hours. Despite opening slightly higher at $0.0212, the token has seen a minor pullback, currently down -1.15%** from its opening price. This movement suggests a period of consolidation amid moderate resistance levels.
With a 24-hour trading volume of $4.3 million, driven by the exchange of over 204 million IOTX tokens across 35 active exchanges, liquidity remains stable though not exceptionally high compared to larger-cap cryptocurrencies. The project continues to maintain visibility within its ecosystem, supporting more than five crypto tokens built on its network since its launch in May 2018.
Market Performance and Key Metrics
IoTeX currently holds a market capitalization of $198 million, ranking it #178 among all cryptocurrencies. Its circulating supply stands at 9 billion IOTX tokens, with the fully diluted valuation (FDV) calculated based on total supply multiplied by the current price—providing investors with insight into potential future market cap if all tokens enter circulation.
The coin reached its all-time high of $0.221496** on November 14, 2021—a peak that now lies over **three years and seven months** in the past. Since then, IOTX has experienced significant volatility, bottoming out at **$0.013281, from which it has since rebounded by +58.07%. Over the past year, its price has fluctuated between $0.0150 (52-week low)** and **$0.0661 (52-week high).
While IoTeX underperforms relative to the average trading volume of other 2018-launched projects—whose median daily volume sits around $7 million—IOTX maintains a consistent presence with approximately **$4 million** in daily trade activity.
👉 Discover how real-time data tracking can enhance your crypto investment decisions.
Technical Outlook: Support and Resistance Levels
For traders monitoring short-term price action, key technical levels offer insight into potential breakout or reversal scenarios.
- Critical Support Level: $0.0167
As long as IOTX holds above this threshold, the bullish structure remains intact. A drop below could signal further downside toward previous lows. - Immediate Resistance: $0.0217
This level has acted as a ceiling recently. A sustained move above it could trigger renewed buying interest. Next Targets:
- Second resistance at $0.0283
- Third resistance at $0.0340
Currently, IOTX tested the $0.0215 mark but failed to break through due to selling pressure. From its recent 7-day and 30-day highs, the price is down -8.44% and -19.42%, respectively—indicating a cooling momentum phase. However, it remains up +5.63% and +0.93% from the corresponding lows, suggesting underlying demand persists.
Market participants should watch volume trends closely; increased buying volume on upward moves would validate any breakout attempt.
Sector Rankings and Ecosystem Positioning
IoTeX differentiates itself by targeting real-world applications through blockchain integration with IoT devices and decentralized hardware networks. This focus has earned it strong positioning in specialized categories:
- Business Platform: #4
- Internet of Things (IoT): #6
- DePIN (Decentralized Physical Infrastructure Networks): #18
These rankings highlight IoTeX’s relevance in emerging technological domains where blockchain meets physical systems—such as smart cities, connected devices, and machine-to-machine economies.
Unlike general-purpose blockchains, IoTeX emphasizes scalability, privacy, and device identity verification, making it suitable for enterprise-grade IoT solutions. Its hybrid consensus model combines Proof-of-Stake with rollup-like mechanisms to improve throughput while maintaining decentralization.
What Is IoTeX?
IoTeX is a privacy-centric blockchain platform designed specifically for the Internet of Things (IoT). It enables machines and smart devices to operate autonomously, securely communicate, and even earn rewards through decentralized networks.
Launched in 2018, IoTeX aims to bridge the gap between blockchain technology and everyday physical devices—from home appliances to industrial sensors—by offering a scalable infrastructure where trustless interactions occur without intermediaries.
Key features include:
- Roll-DPoS consensus for fast finality and energy efficiency
- Secure enclaves using trusted execution environments (TEEs) for data privacy
- Native support for lightweight devices with low computational power
- Interoperability with Ethereum via cross-chain bridges
Developers can build dApps tailored for machine economies, enabling use cases such as autonomous vehicle fleets, tokenized sensor data markets, and decentralized device ownership registries.
Frequently Asked Questions (FAQ)
Q: What is the current price of IoTeX (IOTX)?
A: As of July 02, 2025, IoTeX is trading at $0.0210, up +1.78% in the last 24 hours.
Q: What is IoTeX used for?
A: IoTeX powers a decentralized ecosystem for IoT devices, enabling secure communication, autonomous operations, and machine-to-machine transactions through blockchain technology.
Q: Where can I buy IOTX tokens?
A: IOTX is available on over 35 cryptocurrency exchanges globally, offering trading pairs against major coins like BTC, ETH, and USDT.
Q: What is the circulating supply of IOTX?
A: The current circulating supply is 9 billion IOTX tokens, with a market cap of $198 million.
Q: Can IoTeX reach $1?
A: Reaching $1 would require a market cap exceeding $9 trillion—far beyond current crypto market totals—making it highly improbable in any realistic scenario.
Q: How does IoTeX compare to other IoT blockchains?
A: Among IoT-focused blockchains, IoTeX ranks #6 by market cap and stands out due to its DePIN integrations, privacy-preserving tech, and active developer ecosystem.
Future Potential and Investor Considerations
While IoTeX operates in a technically promising but niche segment, its success hinges on broader adoption of decentralized IoT ecosystems. Partnerships with hardware manufacturers, smart city initiatives, or logistics networks could catalyze growth.
Investors should consider both macro trends—like AI-driven automation and edge computing—and micro developments within the IoTeX roadmap, including upgrades to scalability and developer tooling.
👉 Stay ahead of market shifts with advanced analytics tools designed for forward-thinking investors.
Final Thoughts
IoTeX represents a compelling case study in vertical-specific blockchain development. Though not among the most traded assets, its strategic positioning in IoT and DePIN spaces gives it long-term relevance in the evolving Web3 landscape.
With strong fundamentals, clear use cases, and steady community engagement, IOTX may appeal to investors seeking exposure to next-generation infrastructure technologies beyond mainstream DeFi or NFT narratives.
Whether it regains upward momentum depends on market sentiment, technological milestones, and wider acceptance of machine-driven economies—a frontier where IoTeX aims to be a foundational layer.
👉 Explore seamless trading experiences powered by cutting-edge blockchain insights.