Coinbase Platform IOTX Price Surge and IoTeX's DePIN Ecosystem Growth

Coinbase Platform IOTX Price Surges to $0.09, IoTeX Gains Momentum in DePIN Ecosystem

On December 3rd, BlockBeats reported that in the early hours of today, the price of IOTX on the Coinbase platform experienced a surge, briefly touching $0.09. Currently, prices on various mainstream trading platforms have risen to around $0.06, marking a more than 50% increase in the past 7 days. With the recent rise in popularity of the DePIN track, IoTeX, as a foundational infrastructure platform, has been actively making moves. The DePIN ecosystem season activities initiated by IoTeX have significantly increased on-chain data, with the number of monthly active addresses surpassing 120,000. DePIN and AI-related memes have attracted a large number of new users.

Amid the opening up of the encryption policy by the Trump administration, projects that have been deeply cultivating the industry for many years are gradually gaining market attention. It is reported that the IoTeX team has been invited to attend a seminar organized by the Washington Blockchain Association next week. They will engage in in-depth discussions with American politicians on the compliant development and policy prospects of the Internet of Things, DePIN, and IoTeX.