In this guide, we will express our and the market’s opinion on the future IOTX as we discuss IoTeX price forecasts for 2023 and beyond.
Keep in mind that you should take this and any other forecast with a grain of salt since predicting anything is a thankless task, not to mention predicting the future of a new highly volatile financial asset like IoTeX.
Now, let’s get into it.
Before we delve into IoTeX price prediction and answer questions about whether IOTX is a good investment or not, why IOTX will succeed or fail, or why the price of IoTeX will rise or fall, let’s quickly take a look at what IOTX is and its history to date.
IOTX Price Prediction for the next 90 days
The entire cryptocurrency world is on the verge of complete collapse. Bitcoin fell 75% from its all-time high amid broader market declines caused by furious inflation and the US Fed’s rate hikes.
When you add the most recent collapses of huge industry players (FTX, Celsius, Moon etc.) into the equation, the horizon is murky and there will be more blood on the streets of the crypto city.
Investors are selling risky assets and moving to more stable markets. Crypto is still perceived as a very risky game and therefore sell off.
Our algo still sees some green in 2023, especially in the second half of the year. This is reflected in our forecast for 2023.
Right now, Bitcoin needs to find a bottom before we can move in the opposite direction and reverse the trend.
Once Bitcoin settles into the new price range, altcoins will start doing the same – we’ve seen this scenario dozens of times in distant and more recent history.
Our price forecasting model is bearish for the next 90 days with a hint of a bull market straddling quarters from Q1 to Q2. We expect whales and other larger players in the market to finish filling their bags around that time, which will cause a typical and sudden crypto spike.
The fundamentals we evaluate are teams, tokenomics, use case, community, marketing efforts, liquidity and availability of exchange, hype and speculative potential, and some other proprietary factors developed in our crypto lab.
IoTeX Price Prediction 2023
High inflation and the extremely dangerous macroeconomic situation have been heavily reflected in the price of Bitcoin in 2022. When we take the internal crypto issues with big players like FTX, Celsius, Voyager, Luna going down, 2023 doesn’t look too good for bulls. We’ll likely see a lot of boring sideways price action with a tendency to slide down with each minor market tremor.
IOTX Price Prediction 2025
Our forecast model sees IOTX reaching $0.0846 in 2025.
How much will IOTX be worth in 5 years?
The price of IOTX in 5 years could be around $ 0.0513
IotEx Price Forecast 2030 – 2040
How much will IoTeX be worth in 2030?
Our forecast model sees IoTeX reaching $0.2116 in 2030.
How much will IoTeX be worth in 2040?
Our forecast model sees IoTeX reaching $0.4232 in 2040.
Will IoTeX replace/surpass/surpass Bitcoin?
No, IoTeX will not replace or exceed BTC.
Can IoTeX reach $10?
No, our forecasting model sees no chance for IoTeX to reach $10 in the short or medium term.
Can IoTeX reach $100?
No, our forecasting model sees no chance for IoTeX to reach $100 in the short or medium term.
Is IoTeX worth buying?
We are supporters of moderately risky investments: invest most of your cryptocurrency portfolio in BTC (50%); 35% in a basket of large-cap coins and the rest in small projects with huge increases. So, in this context, it is worth buying IoTeX.
Is IoTeX a good investment?
IoTeX is, just like all other cryptocurrencies, a risky investment. It is more likely to go up than down because of the good use case, well-designed tokenomics, active community, and a strong team behind it.
How much will IoTeX be worth?
For the short-term future, it could reach $0.0135. In the long term (8-10 years), it could rise to $0.2116 or even higher.
Why will IoTeX succeed and increase in price?
IoTeX has a good use case, well-designed tokenomics, active community, and a strong team behind it. All of these are a prerequisite for success and that’s why our forecasting model sees IoTeX rise to $0.2116 in 2030.
Why will IoTeX fail and fall in price?
Cryptographic projects fail for various reasons. Some of the most common are: the team goes rogue and abandons the project, regulators declare it illegal and press exchanges to delist it, lack of media attention, more successful competitors, lack of a well-designed marketing strategy, loss of community support, potential vulnerability in the protocol, failure to achieve the minimum development activity foreseen on the protocol, inability to attract new developers to build on their platform.
Can IoTeX reach $1?
Yes, it is possible that IoTeX could reach $1 but only in the distant future, after 2030.
How high will IoTeX go?
Our prediction model sees the price of IoTeX explode and reach $0.4232 in the distant future.
What is the short-term forecast for IoTeX?
IoTeX will reach $0.0135 over the next 90 days, which is a 41.2% change from the current price which hovers around $0.0230.
Can IoTeX make you a millionaire?
Yes, if you buy a large enough sum. Don’t expect to invest $100 and become an IoTeX millionaire. But 100x price explosions are a common sight in crypto, so a $10k investment in IoTeX could make you a millionaire.
IoTeX Price Prediction Today – What Will Be the Price of IoTeX Tomorrow?
IoTeX will hover around $0.0246 tomorrow.