/ Discover top IoT crypto coins in March 2024: Vechain, Helium, IOTA, IoTeX, and JasmyCoin.
Author: Nilesh Hembade.
Updated on: 28 Feb 2024, 17:44 PM IST
As cryptocurrencies soar, with Bitcoin (BTC) reaching $63K, the Internet of Things (IoT) is experiencing a surge, linking everything from household appliances to vehicles to the internet. However, imagine if these devices not only communicated with each other but also utilized their own cryptocurrency. This is the potential of IoT crypto coins, and in this article, we’re delving into five promising ones to keep an eye on in March 2024.
1) Vechain (VET):
VeChain (VET), a blockchain platform dedicated to revolutionizing supply chain management and business operations, has captured market attention with a noteworthy 66.96% price increase in the past 30 days. With such momentum, Vechain might continue to see gains in the days ahead.
- Current price: $0.04928
- Marketcap: $3.57 Billion
2) Helium (HNT):
Helium operates as a blockchain-based network facilitating communication among IoT devices. Through its network nodes, known as hotspots, Helium enables seamless data transmission across devices. Impressively, Helium has delivered a staggering return of +200% over the last 90 days, underscoring its strength and potential for growth.
- Current price: $9.31
- Marketcap: $1.50 Billion
3) IOTA (IOTA):
IOTA stands out as an open-source distributed ledger and cryptocurrency tailored for IoT applications. Employing a directed acyclic graph, IOTA offers a scalable alternative to traditional blockchain-based systems. Recent chart analysis indicates a breakout for IOTA from a symmetrical triangle pattern, signaling a potential surge in the near future.
In last 30 days IOTA coin has been up by +17.77%
- Current price: $0.2971
- Marketcap: $936 Million
4) IoTeX (IOTX):
IoTeX utilizes Ethereum’s blockchain to power its platform, which aims to connect IoT devices and decentralized applications. The native token, IOTX, facilitates transactions, staking, governance, and device registration within the IoTeX ecosystem. With an 43% surging in Feb month, IoTeX could continue to perform well in the coming days.
- Current price: $0.06258
- Marketcap: $592 Million
5) JasmyCoin (JASMY):
JasmyCoin emerges as a cryptocurrency tailored specifically for the Internet of Things. It prioritizes user privacy and control over personal data exchanges within IoT environments. Showing a positive trend with a 290% increase over the past 30 days, JasmyCoin demonstrates potential for further growth.
- Current price: $0.02002
- Marketcap: $990 Million
As the IoT sector continues to expand, these cryptocurrencies represent innovative solutions poised to revolutionize how devices interact and transact in the digital age. Keep a close watch on these projects as they navigate the dynamic cryptocurrency market in March 2024.
Disclaimer: The information provided is for educational and informational purposes only. Cryptocurrency investments carry risks, and individuals should conduct their own research and seek professional advice before making any investment decisions. Prices and market conditions are subject to change rapidly.