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IoTeX

IOTX#695 by market cap

Qualifies for a record and its pages are captured daily, but the record has not been written yet.

IoTeX is for physical networks run by their users. We have not written its record yet, so its promises are not checked. It trades at $0.003, #678 of all coins by size, 99% below its highest ever price.

This week Nothing changed on its record.

A real job, real backing. No dated promises on its pages. Nothing dated ahead. +80% to match its rivals. Nothing to be careful of on the record.

Is it real?

3 of 4tests passeda real job, real backing, something ahead, room to grow
1named backersGMCI Index
6 yearson the marketsince 12 March 2020
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3 of 4

  • A real-world jobReal-world purpose: physical networks run by their users
  • Real backingBacking: in the GMCI Index; trades on Coinbase, Crypto.com, Binance
  • Something aheadA dated step, deliveries on record, or demand showing up in the news.
  • Room to growRoom: worth $28.75M, 22 times smaller than VeChain, the biggest coin within reach doing the same thing (Internet of Things (IOT))

In the GMCI Index

  • Origin12 March 2020about about 6 yearsTagged Made in USA on CoinGeckoiotex.io, GitHub, Whitepaper
  • DevelopersNot namedNeither Wikidata nor its listing names the foundersCode activity not checked
  • BackingIn the GMCI IndexListed on Coinbase, Crypto.com, Binance, KuCoin
  • Standing on the recordNo recordNo dated promise to judge yet5 headlines last monthNo corrections needed so far
The gap, and what to do

To be worth what the typical coin in Internet of Things (IOT) is worth ($51.67M), its price would need to rise 80%, to about $0.0055. To match the leader, VeChain, 2109%.

Still to check

  • No dated promise on record yet, so delivery cannot be judged
  • No named investor among its tags
  • Only 5 headlines named it last month

What to do Nothing dated is ahead and nothing has been delivered on record. There is no event to wait for yet, which is itself the answer.

A gap is not a forecast. Most small coins never close it. The site never picks.

Four tests, printed. Passing all four means a real job, real backing, something ahead, and a price far below the leader of its group. A filter on facts, never a verdict.

Every line has a source: the coin's own listing, CoinGecko's tags, the record, or the news feed. Reputation here is a count, never an opinion.

Does it deliver?

No dated promise has been found on the pages this project publishes. Its pages are saved every night, so anything it commits to from now on appears here.

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Every line is quoted from the project's own pages, with the copy we stored and, where one exists, the article that reported it

What is next, and when?

Nothing dated has been found on its pages, so there is no date to wait for yet.

How big is it next to its rivals?

+80%to be worth what its typical rival is worthand +2109% to match VeChain
$28.75Mworth todayprice × coins out
$51.67Mthe typical rival is worthInternet of Things (IOT)
$635.1Mthe leader is worthVeChain
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Only coins within a hundred times its worth; a coin a thousand times bigger is another world

Physical networks run by their users

114 coins tagged DePIN, worth $8.41B together. #35 of 114 by worth.

Internet of Things (IOT): this coin against its direct competitors

  • CoinWorth, as a barWorthAgainst this coinToday, and the gapSupplyPromises
  • IoTeX$28.75Mthis coin−8.8%94% outno record
  • VeChain$635.1M22.1× bigger, +$606.35M−6.9%, gap +1.999% out0 of 19 delivered
  • JasmyCoin$187.68M6.5× bigger, +$158.93M−0.1%, gap +8.799% outno record
  • Helium$83.72M2.9× bigger, +$54.97M−4.1%, gap +4.785% outnone dated
  • DigiByte$76.45M2.7× bigger, +$47.69M−7.5%, gap +1.288% outnone dated
  • io.net$51.67M1.8× bigger, +$22.91M+1.2%, gap +9.950% outno record
  • XYO Network$46.04M1.6× bigger, +$17.29M−2.2%, gap +6.6no maxno record
  • MVL$30.08Mabout the same size−2.3%, gap +6.593% outno record
Same job, different how

Internet of Things (IOT): this coin next to VeChain, the biggest rival within reach. People go to the bigger coin unless the smaller one does something it does not.

IoTeX says
IoTeX is the blockchain platform for Real-World AI.
VeChain says
VeChain says it started by building enterprise tools for verifying business data and has since grown to include a sustainability rewards app ecosystem called VeBetter, evolving through several stages of its blockchain protocol.

Two claims, side by side, in their own words. Whether the difference is real is for the record to show over time, and for you to judge.

What it is

IoTeX is the blockchain platform for Real-World AI. Since 2017, its foundational infrastructure has delivered verified, real-time data from the real world to AI systems and decentralized applications.

Problem it says it solves: physical networks run by their users. 114 coins are working on it and together they are worth $8,409,518,291. This coin is 0% of that.

Where it trades: Coinbase, Crypto.com, Binance, KuCoin, Upbit

Each bar is a coin's worth today (price × coins out), longest first. The lit bar is this coin; grey bars are the others doing the same job.

Bars are market cap. Order is size, nothing else. Differences are measured from the coin you are looking at.

What should make me careful?

Nothing printed today

None of the six tests fails. A missed promise counts only on a record a person has checked.

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Why is it this small?

Internet of Things (IOT): this coin next to the group's largest, VeChain.

IoTeXVeChain
Years trading7 years9 years
Major exchanges68
Named backers00
Headlines, last month538
Promises deliveredno record0 of 19

What it says is different: IoTeX is the blockchain platform for Real-World AI. Since 2017, its foundational infrastructure has delivered verified, real-time data from the real world to AI systems and decentralized applications.

It is 4.5% the size of VeChain. On the facts above it is behind on years trading, major exchanges, headlines, last month. For that gap to close, the record would need deliveries showing up in its record, news that names it. Nothing here says it will; the site does not predict.

The tests: nothing to hold it for, more missed than delivered, priced ahead of its record, half the supply still to come, rivals ship while it does not, a big release of coins soon.

The homework: the coin itself, the news, the record

The coin itself

$0.003price of one−8.8% today
99%below its highest ever$0 on 13 November 2021
94%of the supply is out9.44B coins
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The last 7 days

7 days ago: $0.0032now: $0.003 (−4.5%)

Where today sits against its highest ever price

$0.003

Highest ever: $0.2556 on 13 November 2021. Today is 1% of that.

94%

of all IOTX that will ever exist is already out in public hands: 9.44B coins.

6% (558.63M coins) is not yet created or held by the project. That is a small share. Those coins can be sold later, which can push the price down.

out held back. Each dot is 1%.

Its pages do not say what holding it gets you

That is worth knowing before buying. A coin nobody needs is priced on hope.

  • Nothing the project's own pages spell out.
$0.003price of one
×
9.44Bcoins out
=
$28.75Mworth today, #678 of all coins

That is all a market cap is: today's price times the coins in public hands. It moves every time the price does. It says what buyers are paying, not what the coin is worth.

Basics
  • 94%of the maximum supply is in circulation: 9.44B of 10B.
  • 558.63Mcoins still to be released, 6% of the maximum. Releases can add selling pressure.
  • 1%of its all-time high of $0.2556 on 13 November 2021. That is −98.8% from the top.
  • #678by market cap, $28,753,219.
  • Not checkedwho holds the most coins, and how much has been burned. Those need on-chain data this site does not read yet.

Supply and value figures from CoinGecko, refreshed hourly. Not part of the record.

Real use, in dollars
  • $1.9M is locked in apps built on it right now

From DefiLlama, refreshed nightly. Fees are what people paid to use the thing; value locked is what they trust it to hold. Facts, not a score.

What the news says

5headlines, last monththat name this coin
0about governmentregulation, courts, central banks
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Headlines per day, last 30 days

5 headlines named this coin in the last month.

What they were about

  • Hack3

Why it movedDown 9% today. Headlines that name it: IoTeX Bridge Hacked In Private Key Exploit - Attacker Bridges Stolen Funds to Bitcoin Via THORChain (Yellow.com, 2d ago) IoTeX Bridge Hacked In Private Key Exploit - Attacker Bridges Stolen Funds to Bitcoin Via THORChain (Yellow.com, 2d ago)

The record itself

Qualifies for a record and its pages are captured daily, but the record has not been written yet.

Pages saveddailycaptured every night
Promisesnone yetno record drafted
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Six facts, the project's own replies, its peers, contract facts, references and every stored copy