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
Dogecoin Breaks Channel Resistance as Momentum Builds Above $0.098
On the daily chart, weeks of lower highs saw Dogecoin break above its resistance on the downward channel.
RSI broke out of its falling trend and is trending upwards which shows strength in the short term momentum.
The nearest support is at $0.09303 and the most important 24-hour resistanc
CryptoNewsLand18m ago
SUI Price on Edge as Grayscale’s $GSUI ETF Debuts Tomorrow
_SUI trades near $0.97 ahead of Grayscale’s GSUI ETF launch on NYSE Arca, with weekly gains of 10% and rising open interest._
SUI price is trading near key resistance levels as Grayscale prepares to launch its Sui Staking ETF under the ticker GSUI.
The token has posted steady weekly gains, and
LiveBTCNews23m ago
Bitcoin Dominance Weakens As Ethereum Gains Momentum, Analysts Say
Michaël van de Poppe’s latest tweet has reignited a familiar debate in crypto markets: is the era now more favorable to Ethereum than to Bitcoin? The Dutch analyst warned that “the BTC dominance seems to be breaking down. It’s making a lower high, and therefore, a continuation of this trend is
BlockChainReporter24m ago
PEPE Nears Upper Range Boundary After 28% Rally as $0.053806 Support Remains Intact
PEPE surged 28.3% in 24 hours to $0.05488, nearing resistance at $0.055013 while maintaining support at $0.053806. Technical indicators suggest strong bullish momentum, indicating a potential for further price increases if resistance is breached.
CryptoNewsLand25m ago
PEPE Holds $0.054351 Support as 4H Breakout Faces $0.054808 Resistance
PEPE is traded at a decrease of 6.4% in the last 24 hours at $0.054502 and above the support at $0.054351.
The 4H chart indicates that there is a breakout above the last swing high and then the controlled pullback.
The point of resistance is at $0.054808, though the $0.00000375-$00000390
CryptoNewsLand28m ago
TAO Price Defends $155 Support as 28.8% Rally Tests Key Resistance
TAO price rebounded 28.8% after holding the $155.69 accumulation support, confirming sustained buyer interest.
Resistance at $207.82 defines the immediate upside range following the sharp recovery move.
TAO gained 23.9% against Bitcoin, trading at 0.002902 BTC, highlighting short-term
CryptoNewsLand1h ago
