Hey Hive fam!
IoTeX ($IOTX) is pumping on Binance (IOTX/USDT)!
Current price, $0.004999
24h change, +8.24% (low $0.00460 high $0.00543)
24h volume, Strong 387.14M IOTX ($1.96M USDT) good inflow!
Chart shows breakout above EMAs with volume backing it. IOTX benefits from IoT/DePIN narrative (machine economy, decentralized physical infrastructure), alt rotation, and trader momentum.
No huge news drop today, but technicals + sector interest are driving it.
What do you think?
Is IOTX set for more in the DePIN/IoT wave?
Or quick pump before retrace?
Holding IOTX?
Share your TA/thoughts below!
Disclaimer
This analysis is for informational purposes only and does not constitute financial advice. Cryptocurrency investments are extremely volatile and risky. The author may hold positions in mentioned assets. Always conduct thorough research and never invest more than you can afford to lose.