Bridged Tether (IoTeX) Price

There are two schools of thought when it comes to determining the price of a cryptocurrency like Bridged Tether (IoTeX).
By way of intrinsic value: Intrinsic value is typically assessed through on-chain metrics, project metrics, and financial metrics of Bridged Tether (IoTeX), collectively known as fundamental analysis. Factors such as the law of supply and demand, tokenomics, use case, project roadmap, and the regulatory and governance environment will influence the long-term value of Bridged Tether (IoTeX).
By way of price action: technical analysis , using candlestick chart patterns and indicators like MACD, RSI, and Bollinger Bands, forecasts the price of Bridged Tether (IoTeX) on the basis that history tends to repeat itself.
Since candlestick charts reflect market sentiment, news announcements and community sentiment can also significantly influence the price action of Bridged Tether (IoTeX).
Long-term investors usually favor fundamental analysis, while short-term traders often depend on technical analysis. In practice, combining both approaches can yield intriguing scenarios for Bridged Tether (IoTeX) and the broader cryptocurrency market.

Bridged Tether (IoTeX) achieved the all-time high of $1.3 in 2024-01-06, and is currently trading at $0.9413.

Bridged Tether (IoTeX) reached its all-time low of $0.8422 on 2023-06-10.

The current market cap of Bridged Tether (IoTeX) is $1.94M, as 2.07M IOUSDT is trading at the price of $0.9413.

There are currently 2.07M IOUSDT circulating in the market. These Bridged Tether (IoTeX) can be actively traded or used in the open market.

The maximum supply of IOUSDT is 9.49B , which includes its circulating supply, locked or staked supply, and the supply that has yet to be mined, minted, or created.

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Bridged Tether (IoTeX) is $8.93B. The FDV is calculated taking the assumption that all supply of Bridged Tether (IoTeX) is circulation, multiplied by its current price of $0.9413.

Using an algorithm to automatically identify historical data trends, this Bridged Tether (IoTeX) price prediction adjusts its forecast from time to time based on current market conditions. With advanced machine learning, this prediction tool can help investors gauge market probabilities before making investment decisions.

Bridged Tether (IoTeX) offers a good potential ROI due to its inherent volatility, which presents numerous profit opportunities. However, this volatility is a double-edged sword, making it suitable for investors with high risk tolerance and a strong financial position. It is crucial to remember that Bridged Tether (IoTeX) and the broader crypto market are subject to extreme market conditions, regulatory changes, social media influence, and other unpredictable factors. Therefore, it is advisable to exercise risk management and do your own research (DYOR) before investing in Bridged Tether (IoTeX).

You can buy Bridged Tether (IoTeX) via Gate by following the steps on how to buy IOUSDT once you have funded your account.