The crypto sector and blockchain technology have witnessed a considerable amount of growth over the last decade. Digital assets like Bitcoin which were the earlier creations were used majorly as digital assets. With innovations and new tokens making their debut in the market, most of them have real-world use cases. This is happening even though they can still be traded like Bitcoin and other cryptos. Two coins that fit this description are IOTA and IoTeX.

The two networks have tokens that act independently as digital assets, which can be traded on most crypto exchanges. However, they aim to solve issues in the Internet of Things industry. Although they drive to solve issues in the same sector, they are entirely different and solve different issues. In this article, we will be looking at IOTA and IoTeX and the major differences between them.

IOTA can simply be called a distributed ledger technology. Most crypto exchanges run on one blockchain or another but this is not the case for IOTA. However, it uses an underlying technology called Tangle. Tangle, the technology that acts like the blockchain of IOTA uses nodes to handle transactions carried out on the network.

Although this does not sound like how most chains work, users are well aware of the superiority of the network over the blockchain. For example, users of Tangle can attest to the fact that the network offers faster transaction execution than the blockchain.

Investors have continued to flock to the IOTA network due to its uniqueness. IOTA does not use miners since it does not use blockchain which means that users do not pay fees for transactions. One special quality of IOTA is that its development was built to solve most issues in the IoT sector.

According to the creators, they wanted the platform to be the go-to network for facilitating transactions between IoT smart devices. With the exponential growth that the system has witnessed, IOTA is primed to become big in the coming years.

IoTex was created to be an open-source decentralized platform to empower open relationships between machines. Its main aim is to foster relationships between humans and machines without the lack of trust and free will. One of the most unique features of the IoTeX is that it was designed with enough economic benefits.

The creation of IoTeX began in 2017 as a few developers worked on the project as facilitators. However, the system has been taken over by more than 40 scientists who have great beliefs in the system. As a digital asset, IoTeX was built on the EVM blockchain. This was done with the Roll-DPos consensus, which is considered the next big thing in the sector.

The system has been run combined by more than 100 delegates across the world, completing more than 10 transactions since then. Just like Tangle, the IoTeX blockchain has a lot of potential and capabilities. Presently, the blockchain can interact with blockchains such as Heco, Binance Smart Chain, and Ethereum. Asides from that, the development of the IoPay wallet and the IoTube Bridge is another remarkable product that is serving users.

IOTA and IoTeX share a great deal of relationship as they both strive to better the Internet of Things sector. Both platforms have a great capacity to initiate great smart relationships between machines in the home and other places with humans. Both platform also has distinct digital assets which are available for trading on different exchanges. With this, traders buy MIOTA (the native token of IOTA) and IOTX ( the native token of IoTeX) for trading. Regarding this article, we will focus mainly on both tokens as they will form the basis of our comparison.

IoTeX and IOTA, even though with great similarities through the IoT sector, are very different in a huge number of ways. The vivid explanation above should give you a summary of what both platforms bring to the table in the sector. Although they are classed under the same industry, both of them have their unique ways to approach and achieve their goals in the sector.

The native tokens of the two networks have their differences in terms of price, total supply, availability, and market capitalization. In terms of liquidity, IOTA boasts of a 24-hour trading volume of $61,767,108 while IoTeX has a trading volume of $144,502,249.

Looking at its performance in the market, IOTA trades at $1.34 with a loss of 1.84% in the last 24 hours while IoTeX trades at $0.1082 with a loss of 2.13% at the same time frame. In terms of the adoption, IOTA has gained wide acceptance while IoTeX is gradually coming up to meet it.

IOTA and IoTeX are a little different going by what they bring to the IoT industry. This is because they are both different in the types of services they offer. However, it will be foolhardy for any trader to neglect the native tokens of both platforms. Although IOTA has not been delivering as expected since when it entered the market, it still shows huge promise. While some traders will prefer to pick IOTA, others will prefer to go with IoTeX. However, it is great that any trader who intends to pick one of the two native tokens should carry out deep research to that effect.

After Bitcoin breached its previous all-time high price and reach the new ATH of around USD 67,000, it retraced towards 60K. Most cryptocurrencies did also fall back towards their respective support areas. On the other hand, many cryptos managed to rise high and increase by more than 20% in a single day. In this article, we talk about those Crypto ups and have a macro look at their technicals.

OMG Network was previously known as Omisego. It is a layer-2 scaling solution for the Ethereum blockchain. OMG Network aims to allow users the transfer of ETH and even other ERC-20 tokens in a fast and cheap way. They use a sidechain infrastructure to group microtransactions in a single block, which in turn gets verified as a single transaction. OMG is a utility token, allowing users to pay for the fees of the network, and can be stakable.

Looking at figure 1, we can see how the OMG token has been steadily rising after reaching a strong support level of around USD 3. Today, prices are around USD 16 and are aiming for their previous ATH of USD 18.1.

--> Click here to Buy OMG Token <--

IoTeX aims to connect physical objects (things) to the internet but in a decentralized ecosystem. Instead of relying on a centralized entity that would link our surroundings to the internet, IoTeX would do so by connecting a distributed ledger that would act as the link between our “things” and the “internet”. This project aims to create an open ecosystem where people and machines can interact with guaranteed trust, free will, and under properly designed economic incentives.

In figure 2, we notice how the IOTX token has been also soaring in valuation. Since November, the token made more than 300%, and that's after adjusting heavily.

--> Click here to Buy IOTX Token <--

Flexa Network is a company that allows payments with cryptographic guarantees in traditional providers. In this way, supported cryptocurrencies such as BTC, ETH, and others can be used to pay for goods and services, while the provider receives the payment in fiat currency. Flexa uses its AMP token to guarantee crypto payments while it is confirmed in the respective digital asset networks and the payment is settled to the recipient in fiat. This solves some issues that have affected the crypto ecosystem, such as slow confirmation times across networks, price volatility, and wide adoption.

In figure 3, we can see how AMP's price has been soaring since the beginning of the month and is currently up by more than 50% since November 2021.

--> Click here to Buy AMP Token <--

The current crypto boom gave a renewed hope to the cryptocurrency community. Not only did Bitcoin prices rise again, but many other altcoins also saw increases in their value. The current aggregate value of the cryptocurrency market surpassed USD 2 Trillion again and is looking for higher valuations. Among those altcoins, one, in particular, made massive media attention. Meet IoTeX (IOTX), a 2-year old project that has the potential to boom and made headlines. Can you still Buy IOTX?

We live today in a world poised for technological advancement. Artificial intelligence (AI) and machine automation are the daily talks in the tech world. Investors are starting to notice how the internet of things (IoT) can link our daily encounters to the internet, making us connected truly on a regular basis. In the crypto world, and back in 2019, a project came to life based on that exact philosophy, adding to the mix a blockchain type of IoT. Meet IoTeX and its native token IOTX.

IoTeX aims to connect physical objects (things) to the internet but in a decentralized ecosystem. Instead of relying on a centralized entity that would link our surroundings to the internet, IoTeX would do so by connecting a distributed ledger that would act as the link between our "things" and the "internet". This project aims to create an open ecosystem where people and machines can interact with guaranteed trust, free will, and under properly designed economic incentives.

The future is definitely looking towards automation and the internet already is a vital component in our society. IoTeX aims to link those two using a decentralized infrastructure. That's why there's definitely greater potential in the future, especially that the technology is still in its infancy.

IOTX is the native token of the project that runs on its blockchain. It is also used as a gas for its blockchain protocol. There is a total supply of 10 Billion IOTX, and the current supply is around 9.6 Billion. This token recently became listed on exchanges. Despite its prices being lower than the open price, it is important to note that smart investors buy low and sell high. Why is the price of IOTX falling you might ask.... a great question, onto the next section!

If we look at figure 1, we will notice how the price of IOTX decreased since being listed back on August 12, 02021. Why did the price of IOTX fall after listing? Well, this is the case for any project that goes public, be it listed stocks or cryptocurrencies.

When companies do private rounds of token sales, they send those tokens in a private way. Investors can't sell their tokens back to the company, nor to other investors. So the funds are usually locked until the token becomes listed on public exchanges. Most investors, after realizing profits due to the token price being higher at the listing, decide to get out of their investment and liquidate their profits. That's why in the first phase of the listing, prices tend to go higher as a massive buying power sends prices higher, then long-term investors sell at the top (clearly visible in figure 1).

Today, there are many exchanges that offer IOTX in their crypto listings. Here's a list of the solid exchanges we recommend here at CryptoTicker:

• Binance
• Gate.io
• KuCoin
• Coinbase

Stay Ahead, Stay Updated
Rudy Fares