IOTX is finally starting to taking off, I hope you've all prepared your bags.
>$10mil marketcap
>volume doubled since yesterday
>reversal uptrend started
>Blockchain + IoT (solving Scaling, Privacy & Interoperability)
There's a number of catalysts for this reversal, the main reason being that they released news today of extending their token lockup and vesting period which will start at Feb 2019, meaning a massive reduction in inflation.
Will only be 2% every Quarter so it will take decades to reach the total supply, which is also capped.
A few more things that we'll see within 2 weeks:
>Testnet beta launch
>Smart contracts functioning
>Wallet release
>Explorer release
>Huobi Pro listing
This project is still a hidden gem regardless of it being on Binance. The amount of funding they've received from private and institutional investors is massive, which by the way is mostly in Fiat which means they've been unaffected by this bear market.
There's so much to say about this project, I hope you all at least take 30mins out of your day and DYOR.
The team is stacked, they've hit every deadline, they have so much funding that if even if we get hit by a 5-year bear market they'll still survive unlike the majority of these shit ICO coins, the team's tokens don't get unlocked until 4 years so they can't dump etc.
I could go on more as there's so much more good to say about this project, but you'll all figure out by yourselves.
It will easily return back to what it was at $100mil marketcap, which is a x10 return, but if you're willing to hold until Mainnet launch early 2019, I believe we'll easily see $1bil marketcap at least, which is a massive x100 return.
DYOR, buy a small bag and then get comfy
