Technical analysis by mehdi_kb about Symbol IOTX: Buy recommendation (6/2/2025)

mehdi_kb

🚀 IoTeX (IOTX): A Hidden Gem for Short-Term Gains & Long-Term Growth? Looking for a crypto project with real-world utility and strong upside potential? IoTeX (IOTX)—a decentralized platform powering the Internet of Things (IoT)—might be worth your attention. Why IoTeX? ✔ Innovation Meets IoT: Combines blockchain + IoT for secure, privacy-focused machine-to-machine (M2M) ecosystems. ✔ Partnerships & Adoption: Backed by industry giants (like Samsung) and used in real-world applications (smart devices, DePIN). ✔ Price Potential: Volatility offers short-term trading opportunities, while long-term growth aligns with IoT’s explosive expansion (projected $2.4T market by 2029). 📌 Short-Term: Watch for bullish trends amid crypto market rebounds and project updates. 📌 Long-Term: HODL potential as IoT adoption grows and IoTeX cements its niche.