Binance Clarifies $IOTX 0.0000 Display as System Glitch, IoTeX to Launch Revival Plan

Binance has issued a statement clarifying that the 0.0000 $IOTX price displayed on the platform is due to a system glitch and not the actual market trading price. Binance has initiated system repairs, and major CEX price charts are gradually returning to normal. In response to the market fluctuations, the IoTeX team has confirmed the network and all on-chain assets are secure and stable, and they plan to work with global investors and partners to restore market confidence and promote ecosystem development. The $IOTX revival plan includes collaborating with major CEX and market-making partners to enhance market liquidity, launching incentive initiatives led by the foundation, including a token buyback plan, and introducing a community incentive program to reward long-term supporters of $IOTX. IoTeX states that they will continue to uphold principles of openness, transparency, and long-termism, and with the support of global partners and the community, they will face the new growth cycle with greater resilience and unity.

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