$IOTX

✅✅✅IoTeX is a Layer 1 blockchain tailor-made for the Internet of Things (IoT) and Decentralized Physical Infrastructure Networks (DePIN). It uses Roll‑DPoS consensus and a multi‑chain design with a root chain and sidechains for scalable, private, and efficient device integration . The native token IOTX is used for staking, governance, data marketplace transactions, device registration, and supports deflationary burn‑drop tokenomics . Following its major IoTeX 2.0 launch, ecosystem growth exploded in 2024: thousands of DePIN projects, millions of devices, $50 M funding, and strong staking adoption (~40% supply). Community feedback praises utility and long‑term vision, though concerns remain around modest volatility and limited marketing