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IoTeX bounces from 90-day low as trading volume doubles
- IoTeX snapped a four-day decline with a daily gain on May 29, rebounding from its lowest price in three months.
- The token rose 4.86% to $0.004180, reversing from its 90-day low of $0.003986 hit on May 28.
- Trading volume more than doubled to 479 million tokens, showing that buyers stepped in strongly at this historical price floor.
Supporting datasets
Supporting queries
To surface this insight, Baselight ran 4 queries across its structured data. Each one is reproducible — open it, read the SQL, and rerun it yourself.
Conclusion
On May 29, IOTX-USD rose 4.86% to close at $0.004180, reversing from its 90-day low close of $0.003986 hit on May 28. Token trading volume rose 2.44-fold from 196,011,742 on May 28 to 479,460,426 on May 29 (USD volume rose 2.56-fold from $779,314 to $1,995,866). Verified by comparing May 29 close and volume against previous 90-day history. This is fresh today because the reversal and volume surge occurred on the latest day of available data (May 29).