What are the best cryptocurrencies in the internet of things sector?

What are the best cryptocurrencies in the internet of things sector?
фото показано с : invezz.com

2021-5-28 20:30

The Internet of Things (IoT) was originally dedicated to making phones, fitness trackers, humidity sensors, and generally all forms of technology we love a lot more useful. Over time though, it has developed to a point where it can elevate even the most boring products to a whole new level.

The future of IoT is more promising than ever, and there are projects within the cryptocurrency universe that will elevate the market even further. MXC, IoTeX, and Ruff are three of the top cryptocurrencies to buy within the IoT sector.

Should you buy MXC?

MXC is a utility token referred to as an IoT Token, where MXC is building a global data network that allows wireless devices to connect and communicate efficiently over longer distances when compared to Wi-Fi or Bluetooth. 

MXC was seen trading at $0.0321 on Thursday which is roughly 35% lower than where it traded at one month ago. However, looking further back to March 27, MXC was $0.0288. This means that despite the month-over-month decline, MXC is higher by around 11% over a longer timeframe.

As the IoT world revolutionizes, we can potentially see it go above and beyond the $0.0500 mark. If you can buy MXC at or below $0.0320, it might be a solid purchase. But if MXC falls under $0.0280 it might be a sign to stay clear as it signals buyers had little interest at the $0.03 level and are likely waiting for a much lower entry point.

Should you buy IoTeX?

IoTeX IOTX/USD is considered to be the IoT-focused blockchain platform of the future with a high level of scalability, privacy, and developability. 

IoTeX has a current value of $0.0335 and similar to MXC, it has sold off over the past month by nearly 30%.

A month prior to that, on March the 27, the value of MXC was $0.0402. When we move this far back, the decrease in value is at just 16.67%.

This is a coin that has the potential to reach a higher value the moment more IoT devices start implementing blockchain technology, and as such, if you can get it at $0.0330, it could be a solid, long-term investment. But exercise some caution at key levels like $0.03 as a dip below signals potential support levels failed to hold.

Should you buy Helium?

Helium HNT/USD is a decentralized, blockchain-powered network intended for IoT devices, and it allows low-powered devices to communicate with each other and send data across the network. 

Helium was trading near $17 on Thursday and is up more than 20% for the day and significantly higher after entering 2021 at around $1.30. 

While Helium is up big since the start of the year, it should still be bought by investors amid recent strength and part of a momentum trade. If you want to wait for a lower price point, we would recommend buying at $15 and setting a stop-loss at $14 to best manage risk and downside exposure.

Buy your crypto in minutes with our preferred broker, eToro 7/10 67% of retail CFD accounts lose money Visit site

The post What are the best cryptocurrencies in the internet of things sector? appeared first on Invezz.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Advanced Internet Blocks (AIB) на Currencies.ru

$ 0.0083535 (+0.26%)
Объем 24H $6.611k
Изменеия 24h: 0.06 %, 7d: -2.06 %
Cегодня L: $0.0079829 - H: $0.0083789
Капитализация $0 Rank 4363
Цена в час новости $ 0.0004916 (1599.25%)

internet things developed lot useful though point

Источник: invezz.com

internet things → Результатов: 126


BSI “Internet of Things – what next?” conference, 20 September, 2019, London

The Internet of Things (IoT) has received massive attention over the past few years. It is already empowering digital transformation across cities and industries. Will its importance decline as the initial hype subsides? Or will it reinvent itself linked to powerful new trends like artificial intelligence and edge computing? This event explores what is happening […]

2019-8-26 09:57


Hackster and the IOTA Foundation have joined hands

Hackster and the IOTA Foundation have teamed up to launch an exciting new contest called Machine Money: Empowering Devices with Wallets with $3,000 worth of prizes being awarded. The contest revolves around integrating a new distributed ledger technology called IOTA into an Internet of Things [IoT] device so that any device has the ability to […] The post Hackster and the IOTA Foundation have joined hands appeared first on AMBCrypto.

2019-8-8 09:45


Фото:

Microsoft: Russian government hackers are targeting IoT devices

Microsoft today warned that Russian government hackers have been using video decoders, printers, and internet of things devices to breach computer networks. In a blog post, the Microsoft Threat Intelligence Center wrote that the “devices became points of ingress from which the actor established a presence on the network and continued looking for further access.

2019-8-6 03:36


Фото:

STMicroelectronics will integrate IOTA Tangle to Facilitate new IoT Solutions 

the IOTA Foundation,  a non-profit organization which developed the ideas behind IOTA and the Tangle architecture, announced on July 23, a new collaboration with STMicroelectronics, a global semiconductor leader serving customers across the spectrum of electronics applications, in order to deliver Internet of Things (IoT) integration capabilities to the ST user community.

2019-7-25 11:29


Full List Of IOTA Partnerships And Cooperations

”Internet of Things Application”, more commonly known as IOTA (MIOTA), is a cryptocurrency that has been making some waves across the markets. Since its release in mid-2016 it has received plenty of attention, with its creators calling it ‘the missing puzzle piece’ required to kickstart the so called ‘Machine Learning Economy’, an economy which will […] The post Full List Of IOTA Partnerships And Cooperations appeared first on CaptainAltcoin.

2019-5-15 01:38


QLC Chain Joins The O-Ran Alliance, First Blockchain Project To Achieve The Accomplishment

QLC Chain Joins The O-Ran Alliance This week, QLC Chain became the first blockchain project to join the O-Ran Alliance. The association is a group of operators and vendors working to optimize the network infrastructure for the integration of 5G technologies, as well as the adoption of artificial intelligence (AI) and the Internet of Things […]

2019-5-8 01:04


Фото:

Для клиентов Microsoft создадут IoT и ИИ-решения

Компания Microsoft выпустит ряд технологических решений для корпоративных клиентов и программистов искусственного интеллекта и «интернета вещей» (IoT, Internet of Things).

2019-5-3 15:00


Tron (TRX): “It’s a copycat and I don’t see any concrete business value that they add apart from pumping the price,” Says IOTA Co-Founder

Dominik Schiener, co-founder of IOTA – a cryptocurrency project designed for the Internet of Things (IoT) and built on… The post Tron (TRX): “It’s a copycat and I don’t see any concrete business value that they add apart from pumping the price,” Says IOTA Co-Founder appeared first on Invest In Blockchain.

2019-4-25 16:59


University of Nevada, Reno Creates Blockchain For Driverless Vehicles with Filament IoT Company

The University of Nevada, Reno has recently started a partnership with the Nevada Center of Applied Research (NCAR) and the Internet of Things (IoT) company Filament in order to jumpstart the Intelligent Mobility project, which is set to create a blockchain project that will help to develop an autonomous vehicle smart city project. According to […]

2019-4-24 01:05


Trust Scores and Tim Draper-Backed Blockchain IoTeX to Build the ‘Internet of Trusted Things’

IoTeX is a platform that focuses on the power of the internet of trusted things. And today, the platform launched its mainnet. The platform’s Head of Growth, Larry Pang, had an exclusive interview with CCN, in which he stated “Our vision is much more than just adding trust to today’s IoT devices. We’re creating a […]

2019-4-23 19:23


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

IoTeX (IOTX) price jumps by 30%. Is it safe to buy?

The IoTeX (IOTX/USD) price jumped sharply on Tuesday as investors continued buying the dips of select altcoins. IOTX rose to an intraday high of $0. 1152, which was the highest level since January 22 this year.

Earn Crypto With HealthBlocks By Living Healthy [4000+ Active Participants]

The impact technology has had on healthcare in recent years cannot be overstated. Virtual doctor’s appointments have become the norm, bracelets on our wrists remind us to work out, rings monitor the quality of our sleep, and drones are delivering life-saving supplies faster than humans ever could.

Top 3 small fast-growing cryptocurrencies to buy in 2022?

Cryptocurrencies have done well in 2021. According to CoinGecko, the total market capitalization of all cryptocurrencies has jumped to more than $2. 8 trillion. Most of these gains have happened due to the strong performance of the likes of Bitcoin and Ethereum.