Reality vs. Retail Noise: Why the
$IOTX Panic is Creating a $50M Accumulation Zone
There is a massive divergence right now between what retail is panicking about and what institutions are actually tracking on-chain.
$IOTX is currently sitting at a microscopic $50M market cap, down 94% from its all-time high. The timeline is hyper-fixated on a recent $2M cross-chain bridge hack from February 21. Because of this short-term noise, retail traders are treating this like a dead ghost chain.
They are completely wrong.
Unlike vaporware L1s that rely entirely on synthetic exchange wash-trading, IoTeX h