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Bitcoin experienced rises since last week, affecting the entire market, while major projects continue to make announcements. One of the well-known projects in the market, IoTeX, made an important announcement a few minutes ago.
IoTeX Announcement
A few minutes ago, IoTeX made an important announcement, revealing the launch of IoTeX 2.0. This announcement was made via X, sharing significant details about the topic.
The initial statement on the subject was as follows:
IoTeX 2.0 is here. Today, we unveil our new vision, upgrading the IoTeX L1 blockchain to an open Modular Infrastructure for all DePINs. Composable modules, a unified security layer, and new tokenomics. DePIN for everyone.
IoTeX 2.0 embarks on a new roadmap to deploy 100 million devices and unlock trillions of dollars of real-world value on-chain in the next 3-5 years.
The announcement received numerous likes and views within minutes, reflecting investors‘ enthusiasm. Detailed information was provided in the shared whitepaper.
How Much is IoTeX (IOTX) Worth?
Meanwhile, attention turned to the IOTX price. Although there was some movement after the announcement, the price remained relatively stable. IOTX experienced a 2.95% drop in the last hour but saw a 2.17% increase in the last 24 hours.
IOTX saw a 24.19% rise in the last 7 days. The cryptocurrency’s price stands at $0.04701. IOTX’s market cap continues to rise, currently valued at $443.838 million, ranking 136th on CoinMarketCap. Its 24-hour trading volume fell by 31%, amounting to only $26.5 million.
This decline in trading volume, despite the announced innovation and feedback on X, indicates a decrease in interest from investors in the project.
