Just a little-known altcoin has greater than doubled in worth up to now week whereas the vast majority of crypto tasks moved sideways on their weekly charts.
IOTX is the native asset for the open-source blockchain IoTeX, a sensible contract platform designed to energy decentralized apps and join Web of Issues (IoT) gadgets.
The platform is Ethereum Digital Machine (EVM) suitable, giving builders a straightforward option to port their apps over to the IoTeX community.
The crypto asset surged from $0.10 on November eighth to a excessive of $0.25, representing positive aspects of 150% whereas surpassing a $2,000,000,000 market cap.
IOTX is buying and selling at $0.19 at time of writing, up about 12% up to now 24 hours.
Says Christian Malfesi, Protofire’s director of engineering,
“As Protofire has in depth expertise securely integrating Chainlink into a number of blockchains, we count on that the IoTeX integration can even be seamless and well timed.
After the Chainlink integration, IoTeX’s developer group can begin leveraging off-chain companies and real-world information to construct extra superior hybrid good contract purposes.”
IoTex can be coming into the play-to-earn sector of the crypto economic system, and lately announced a strategic partnership with the NFT sport PlaceWar.
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