Issue Price of IoTeX Coin
IoTeX Coin (IOTX) is a decentralized network focused on Internet of Things (IoT) devices. It was first released in 2017.
Issue Price
The initial issuance price of IoTeX Coin is $0.05.
Issue Details
IoTeX raised $12 million by selling 100 million IOTX coins in an initial coin offering (ICO) on April 18, 2017.
Subsequent Price Changes
Since its release, the price of IOTX has fluctuated significantly. It peaked in January 2018 with a price of over $0.10. However, its price fell significantly during the subsequent cryptocurrency market crash and has remained relatively stable, typically trading between $0.02 and $0.03.
Factors affecting price
Factors affecting IOTX price include:
- Market Trend: Price of IOTX Influenced by overall trends in the cryptocurrency market.
- Network Development: Active network development and adoption may boost the price of IOTX.
- Competition: Competition from other blockchain platforms may impact demand for IOTX.
- Regulation: Government regulations may have a significant impact on the price of IOTX.
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