IoTex (CRYPTO: IOTX) skyrocketed nearly 129% in 24 hours leading to press time on Wednesday.
What’s Moving? The token of a project that aims to create an ecosystem in which people and machines can interact with trust and free will has soared 546.05% over a seven-day period.
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/USD and Ethereum ETH/USD, IOTX rose 80.56% and 78.67% respectively over 24 hours.
IOTX reached its all-time high of $0.148 on Wednesday.
See Also: How To Buy Ethereum (ETH)
Why Is It Moving? On Wednesday, Coinbase Global Inc’s COIN Pro trading platform announced that order books were in full-trading modes for a number of IOTX trading pairs including IOTX-USD and IOTX-EUR.
Our IOTX- USD, IOTX-USDT, IOTX-EUR, ORN-USD, ORN-USDT & TRIBE-USD order books are now in full-trading mode. Limit, market and stop orders are all now available.
— Coinbase Pro (@CoinbasePro) August 11, 2021
IOTX said the same day that Binance, one of the largest cryptocurrency trading platforms, will launch IOTX perpetual contracts with up to 25x leverage on Aug. 12.
#Binance Futures will launch IOTX perpetual contracts with up to 25x leverage on August 12 at 3:30am UTC!
— IoTeX (@iotex_io) August 11, 2021
We're excited to partner with @Binance and introduce IOTX to the global derivatives trading community. Get ready!
Official announcement: https://t.co/sEf95f2UII $IOTX
Coinbase listing for IOTX comes at a time when the project announced over 600% of growth in wallets and network activity in July.
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