IoTeX occupies a pivotal position in the DePIN track, with its integration into Musk's autonomous vehicle project and exploration in the AI intelligence field laying a solid foundation for its development, also indicating a broad prospect.

From the market performance perspective, the recent K-line of the $IOTX token shows a trend of active trading volume, with the increase in volume during the consolidation process indicating that market trading activity is rising, and the inflow and outflow of funds are quite frequent. Although the coin price has not yet broken through key levels, the substantial capital lurking is already a significant signal. This means that the market has high expectations for IoTeX, and both bulls and bears may be engaged in the final game.

Once a breakthrough occurs, it could attract more investors' attention based on its good fundamentals and market expectations, thereby driving the coin price into a new upward channel and triggering a series of chain reactions in the DePIN track and the broader cryptocurrency market, further consolidating its leading position and expanding its influence.

For those looking for potential stocks in the crypto world, IoTeX is definitely worth a thorough study.