Gate News Bot message, November 11th, according to CoinMarketCap data, IOTX (IoTeX) is currently priced at $0.01, up 14.60% in the past 24 hours, reaching a high of $0.01 and a low of $0.01. The current market capitalization is approximately $121 million, an increase of $15.4 million from yesterday. IOTX is currently ranked 289th in the cryptocurrency market cap list.
Recent important news about IOTX:
1️⃣ Trading Pair Adjustment Affects Market Expectations
On November 7th, several major trading platforms removed spot trading pairs such as IOTX/BTC. This move may cause short-term liquidity impacts for IOTX but could also stimulate increased activity in other trading pairs, potentially driving recent price increases.
2️⃣ Increased Market Attention
With the news of trading pair adjustments spreading, IOTX has gained more market attention. Investors may see this as an opportunity to reassess the project’s value, leading to increased buying demand and a price rise.
3️⃣ Potential Liquidity Reallocation
Changes in trading pairs may lead to a redistribution of IOTX liquidity across different platforms. This shift could create new price discovery opportunities, attracting arbitrageurs and short-term traders, further boosting market activity.
From a technical perspective, IOTX broke through previous resistance levels and quickly surged, indicating strong upward momentum. However, investors should closely monitor the sustainability of trading volume to determine whether this upward trend will continue.
This message is not investment advice. Please be aware of market volatility risks.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
10x Research: Circle receives multiple positive boosts, with fundamentals and institutional interest resonating to drive the stock price higher
Circle (CRCL) stock price rises against the trend, with institutional holdings increasing indicating confidence. Circle's partnership with Polymarket to use USDC expands its applications. Analysts believe that the GENIUS Act will promote digital dollar reserves to enter the U.S. Treasury bond market, and Circle could benefit.
GateNewsBot45m ago
VanEck Releases Bitcoin On-Chain Report: Long-term Holders Selling Slows Down, Hash Rate Contraction May Lay the Foundation for Future Stronger Returns
VanEck's on-chain Bitcoin report shows that BTC prices have dropped 29%, market sentiment has weakened, open interest has declined, holder selling has slowed, miner profit margins are under pressure, and hash rate has decreased. Historical data suggests this could indicate an upcoming increase in Bitcoin returns.
GateNewsBot1h ago
Hyperliquid (HYPE) emerges as a rare bright spot amid the cautious retail trader phase
Hyperliquid (HYPE) is testing the critical $30 resistance level while experiencing a slight 1% recovery. Investor confidence remains low as open interest in futures declines. Upcoming updates like HIP-4 may impact market dynamics, but short-term bullish momentum is tentative.
TapChiBitcoin2h ago
Optimism Slides 22% as Base Moves Away from OP Stack, More Losses Ahead?
Optimism fell over 22% after Base moved away from OP Stack.
Heavy selling and liquidations pushed short-term losses and bearish momentum.
Analysts warn OP could drop below $0.10 without strong support at $0.20.
Optimism — OP, has been under pressure after a sharp drop in price. The
CryptoNewsLand2h ago
Robert Kiyosaki Buys Another Bitcoin at $67,000 as BTC Price Shows Recovery Signs
Fear tends to grow louder when Bitcoin price slides toward key support. This week, BTC price drifted toward the lower edge of a long rising channel near $60,000. Many expected hesitation but Robert Kiyosaki chose a different move.
Robert Kiyosaki posted that he bought one more whole Bitcoin at
CaptainAltcoin3h ago
Solana Price Faces $80 Test After $90 Rejection
Solana's price faces renewed downside pressure after failing to break above $90, forming bearish engulfing candles. This loss of control shifts focus to key support around $78, aligned with Fibonacci levels, reinforcing the bearish momentum as sellers dominate the market.
CryptoFrontNews3h ago
