IoTex (IOTX) skyrocketed almost 129% in 24 hours resulting in press time on Wednesday.
The token of a venture that goals to create an ecosystem during which individuals and machines can work together with trust and free will has soared 546.05% over a seven-day interval
Over 24 hours, IOTX traded 128.69% higher at $0.1432. The token has appreciated 2,058.16% on a year-to-date basis.
Against Bitcoin (BTC) and Ethereum (ETH), IOTX rose 80.56% and 78.67% respectively over 24 hours.
IOTX reached its all-time high of $0.148 on Wednesday.
Why Is It Moving?
On Wednesday, Coinbase International Inc’s (NASDAQ: COIN) Professional trading platform introduced that order books had been in full-trading modes for plenty of IOTX trading pairs together with IOTX-USD and IOTX-EUR.
IOTX stated the identical day that Binance, one of the largest cryptocurrency trading platforms, will launch IOTX perpetual contracts with up to 25x leverage on Aug. 12.
Coinbase itemizing for IOTX comes at a time when the project announced over 600% of growth in wallets and community exercise in July.