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Binance Clarifies $IOTX "0.0000" Display as System Anomaly, IoTeX to Launch Buyback and Revival Plan

BlockBeats News, October 13th, Binance released an announcement, officially clarifying that the “0.0000” $IOTX price seen on the platform was due to a trading interface display issue and system anomaly, not the actual market trading price. Binance has initiated system repair work, and the price charts of major CEXs are gradually returning to normal.

In response to this market fluctuation, the IoTeX team promptly responded, confirming that the network and all on-chain assets remain safely and securely operational. They have expressed their commitment to collaborating with global investors and partners to actively promote market confidence restoration and ecosystem stability.

$IOTX Revival Plan Launched Simultaneously:

• Collaborating with major CEXs and market-making partners to enhance market liquidity

• Initiating various incentive measures led by the foundation, including a token buyback plan

• Launching a community incentive plan to reward community members who have long supported $IOTX

IoTeX stated that they will continue to uphold the principles of openness, transparency, and long-termism. With the collective support of global partners and the community, they are prepared to meet the new growth cycle with greater resilience and unity.

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