IoTeX (IOTX) has been on an exponential rise for the reason that IoTEX crew introduced that it’s going to ship a keynote speech on the DeFiLive occasion.
IOTX coin has been on a monster bull run since November seventh and the pattern momentum is getting stronger every day.
After the IoTEX crew delivered their speech throughout right now’s presentation, the worth of IOTX skyrocketed by over 65%.
What Is IoTeX?
IoTeX is an progressive information privateness blockchain infrastructure for the Web of Issues and IOTX is the token that powers the IoTEX community.
Presently, the IOTX is buying and selling at $0.19 with a buying and selling quantity of $2.9 billion and a complete market cap of $1.8 billion.
IoTeX has a whole lot of momentum and the market remains to be contemporary.
The present market is attempting to supply new assist at $0.2, and will the keynote presentation at DeFiLive present additional bullish assist for IoTeX, it’s anticipated to rise above $0.2 within the subsequent week.
Why is IOTX value on the rise
Within 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 Stay on Nov tenth.
And true to their announcement, the crew gave a profitable presentation of their presentation right now morning ensuing within the IOTX skyrocketing.
IOTX costs are anticipated to proceed rising if the second-day keynote presentation that shall be held in-person tomorrow shall be profitable.
Chainlink additionally introduced that they awarded a grant devoted to integrating IoTEX with their oracles just a few days in the past.
Chainlink is has a giant 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 be a one other contribtuiton to the present IOTX value surge.