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IOTX price has gained 10% today: Here is where to buy

IOTX logo on a mobile phone screen

The live IOTX price today is $0.12 with a 24-hour trading volume of $172.7 million. the token has been trending the whole week and gained 10% in the last 24 hours.

Look no further than this short article for the details on its native token IOTX, whether it’s worth investing in, and the best places to buy it now.

Top places to buy IOTX now

As IOTX is such a new asset, it’s yet to be listed on major exchanges. You can still purchase IOTX using a DEX (decentralised exchange) though, which just means there are a few extra steps. To buy IOTX right now, follow these steps:

1. Buy ETH on a regulated exchange or broker, like eToro ›

We suggest eToro because it’s one of the world’s leading multi-asset trading platforms, an exchange and wallet all-in-one with some of the lowest fees in the industry. It’s also beginner-friendly, and has more payment methods available to users than any other available service.

2. Send your ETH to a compatible wallet like Trust Wallet or MetaMask

You’ll need to create your wallet, grab your address, and send your coins there.

3. Connect your wallet to the Uniswap DEX

Head to Uniswap, and ‚connect‘ your wallet to it.

4. You can now swap your ETH for IOTX

Now that you’re connected, you’ll be able to swap for 100s of coins including IOTX.

What is IOTX?

Starting as an open-source project in 2017, IoTeX (IOTX) built a decentralized platform to empower the open economics for machines. This was conceived as an open ecosystem where people and machines can interact with guaranteed free will and trust.

IoTeX developed an EVM-compatible blockchain from scratch using the innovative Roll-DPoS consensus. It was launched in April 2019.

On top of the IoTeX blockchain, the team created the essential blocks of infrastructures to connect with Ethereum, BSC, and Heco blockchains. IoTeX helps EVM-based DApps scale without concerning expensive gas fees.

The blockchain also features middleware such as Decentralized Identity, Confidential Computing, and Secure Hardware to enable self-sovereign devices like Ucam. It has been deployed to thousands of households.

Should I buy it today?

According to Statista, the Internet of Things sector could be worth more than $1.5 trillion by the end of 2025. As a sector token, this development could impact IOTX positively. On the other hand, it could fall victim to the fickle volatility of IoT.

IOTX price prediction

Gov Capital predicts a slight increase for IOTX – to just $0.15 in a year’s time. In five years, it will have risen to $0.61.

Wallet Investor is more optimistic. They see the token rising to around $0.19 in 2023 and $0.61 in February 2027.

Trading Beasts is very slightly bullish, estimating 1 IOTX will only increase to $0.12 this year. It will trade for $0.16 at the end of 2025.

IoTeX on social media

The post IOTX price has gained 10% today: Here is where to buy appeared first on Coin Journal.

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Theta price is up again, rising 23% in 24 hours: Where can you buy it?

Theta Cryptocurrency Symbol

Theta Network has been rallying since the beginning of the month, when Resorts World Las Vegas announced they were launching utility NFTs on it, the first ever from a major Las Vegas casino.

It is also gathering momentum for the large number of patents it is filing, the latest one of which they filed today.

If you are attracted to unique features and want to learn how and where to buy it, this guide is for you.

Top places to buy Theta now

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What is Theta?

Theta (THETA) is a blockchain powered network purpose-built for video streaming. Launched in March 2019, the Theta mainnet operates as a decentralized network in which users share bandwidth and computing resources on a peer-to-peer (P2P) basis.

The project is advised by Steve Chen, co-founder of YouTube and Justin Kan, co-founder of Twitch. Theta’s token performs various governance tasks within the network.

Its enterprise validators include Google, Binance, Blockchain ventures, Gumi, Sony Europe and Samsung.

According to its developers, Theta aims to shake up the video streaming industry in its current form. Centralization, poor infrastructure and high costs make for a poor end user experience. Content creators also earn less revenue due to the barriers between them and users.

Should I buy it today?

Considering how hard it is to come up with an accurate cryptocurrency prediction, you should never take any decisions affecting your finances before an in-depth market analysis. Don’t invest more than you can afford to lose.

Theta price prediction

CryptoNewsZ is extremely bullish on THETA, predicting it will rise from its current price of about $4 to $20 as soon as September of this year and $25 by December. In 2025, they forecast it will pass $70.

Gov Capital is also positive. They predict it will trade for just under $10 in one year and for $55.29 in five, which is up more than 1,200%.

Digital Coin is a bit less bullish. This year, they set a price target of $7 and of $11 in 2025. While on the conservative side, this is still an upside of more than 150% from the current price.

Theta on social media

The post Theta price is up again, rising 23% in 24 hours: Where can you buy it? appeared first on Coin Journal.

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Shiba Inu price jumps 50% over the past week: What is fueling the rally?

Shiba Inu Coin

Shiba Inu has experienced a tremendous rise over the past week as it tries to correct the recent price drop that resulted from the crypto market plunge. However, it is currently struggling below $0.000031.

SHIB has bounced back 50% over the last seven days despite its current pullback of about 5.61% by the time of writing.

Shiba Inu price hike

One of the factors attributed to the SHIB price jump is its listing on Foxbit, the top Brazilian crypto exchange. Foxbit platform has over 950,000 registered customers.

The listing of Shiba Inu by Foxbit shows the growing popularity of the meme coin in Brazil since Foxbit is not the first of the Brazilian exchanges to list SHIB. In December 2021, Mercado Bitcoin, the country’s largest exchange announced that it had listed the meme coin.

After the news of the Foxbit listing, Shiba Inu jumped to become the 4th largest coin in terms of the trading volume.

There is also last week’s news of Shiba Inu’s plans to join the metaverse world. The ‘Shibverse,’ which is the intended Shiba Inu metaverse project, was revealed on Tuesday last week resulting to s significant SHIB price movement.

Despite the current Shiba Inu coin bullish outlook, some analysts are of the view that the uptrend could be short-lived. Norok, A crypto market analyst, is one of the skeptical analysts. He termed all the current uptrend as excellent short opportunities.

Norok said:

“Each rally, far from being the fresh breath of hopium owners desire, has provided excellent short opportunities for months…’This one is a clear pullback to test and hold Resistance and a good opportunity to add to the short where profit was taken at the start of January.”

At the moment, all eyes are on the upcoming Shiba Inu metaverse ecosystem that is expected to propel the SHIB coin to new highs as the launch of metaverse projects gathers momentum within the crypto space.

The post Shiba Inu price jumps 50% over the past week: What is fueling the rally? appeared first on Coin Journal.

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Volt Inu (VOLT) tanks by nearly 35% barely hours after listing on Hotbit

Volt Inu (VOLT) has announced it will be listing its token on the crypto exchange Hotbit. It’s a major move for the meme coin, but this did not translate into gains in the price action. Here are some highlights:

  • As news of the listing started to come out, Volt Inu (VOLT) was down nearly 35% in less than 24 hours.

  • At press time, the coin had paired some of these losses but was still down by a whopping 15%.

  • Volt Inu (VOLT) is also planning to list on major CEXs including Bitmart and Singapore-based XT.

Data Source: Coinmarket.com

Volt Inu (VOLT) – Price action and analysis

In most cases, when coins list on major exchanges, they often skyrocket. But it seems Volt Inu is not following the script. As soon as the news broke, the token was already lower by 35%. 

There has been some recovery however as the day progressed. At the time of writing, the coin was down around 16%. VOLT also saw a surge in trading volume in the last 24 hours, rising by around 30%. 

We are also hearing that there are plans to list the meme coin on other major CEXs including Bitmart and Singapore based exchange Xt.

Is Volt Inu (VOLT) prime for investment now?

When meme coins list in some of the leading exchanges, they often tend to rise sharply. This is the case for VOLT. Although it’s the latest listing on Hotbit did not have major effects on the price action, when the token gets on platforms like Bitmart, we will see some advances no doubt. 

However, as with all meme coins, there is always a lot of downside risk with such tokens. It’s not the kind of crypto you want to be holding when the market is down. So, for short-term plays, VOLT is a decent crypto.

The post Volt Inu (VOLT) tanks by nearly 35% barely hours after listing on Hotbit appeared first on Coin Journal.

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5 Best coins to buy the dip in February

 The bear run is about to be overtaken by the bull but before that happens, check these coins out and bag them in abundance.

1. Chainlink (LINK)

 Chainlink is a pioneer of the oracle blockchain. It consists of nodes that support the transfer of data from off-chain sources to smart contracts. Due to its big data functionality, it has partnered with the likes of Google Cloud, Swisscom, AccuWeather, and so on. Also, it has integrated a protocol to aid inter-blockchain messaging, data, and token transfers.

 It plans to be the source of reliable and tamper-proof data for on-chain networks. You can bag a reasonable amount of LINK now as it costs $18.21 right now. LINK is the native token used for rewarding node operators, among other things. It had a good run in 2021, reaching an ATH of $52.70 in May.

Buy [LINK] here>


2. Ripple (XRP)

 Ripple is another coin to buy its dip as many investors believe it will increase drastically peradventure it wins its case with the Securities and Exchange Commission (SEC). 

Ripple is one of the platforms that made transactions between cryptocurrencies and fiat currencies possible. It supported the onboarding of banks, central authorities, and financial middlemen into the crypto space.

 It plans to substitute the traditional international money wiring with its low fees and high-speed platform. XRP serves as the liquidity provider for transactions on the platform. It costs $0.86 as of today, with a market cap of $41.6 billion.

Buy [XRP] here>


3. Cardano (ADA)

 Asides from being tagged an Ethereum killer, many believe it’s can directly compete with Bitcoin. Cardano is an open-source platform that makes use of a peer-review consensus mechanism called Ouroboros. 

It is made of two layers- the settlement layer for settling transactions and the computation layer for running smart contracts. It boasts of low fees and high throughput alongside being flexible and energy-efficient.

 It recently launched a decentralised exchange, SundaeSwap, for conducting exchanges in its ecosystem. ADA is used to maintain the network as a governance token and to settle transactions. It costs $1.19 with over 32 billion in circulation. It is ranked 7th with a market cap of $37.9 billion.

Buy [ADA] here>


4. Terra (LUNA)

 LUNA is the native token of Terra, a blockchain where stablecoins can be created and exchanged amidst other things. It supports a global payment platform using stablecoins stabilised by smart contract algorithms. LUNA is used to reward validators and can be staked for rewards.

It is worth $55.75 right now after dropping by 46.1% from its ATH ($103.34) in December 2021.

Buy [LUNA] here>


5. Polygon (MATIC)

 Polygon is a layer-2 blockchain created to solve the speed, security, efficiency, and interoperability problems of the Ethereum network. It works with the Ethereum Virtual Machine, thereby capable of hosting smart contracts. It comprises zk-Rollups, Optimistic Rollups, Validium Chains, and so on.

 MATIC is the native token used to settle gas fees, participate in governance, and for staking. MATIC is currently worth $1.95 with a max supply of 10 billion. It has a market cap of $13.4 billion.

Before you go ahead to buy the dip, do intensive research to avoid ending in a deeper dip. Cryptocurrency investment is very risky, deal wisely, and don’t put all your eggs in a basket.

Buy [MATIC] here>


The post 5 Best coins to buy the dip in February appeared first on Coin Journal.