The term ‘Internet of things’ refers to ‘physical things’ that connect to the internet or other electronic devices to exchange data and are increasingly integrated into our modern world alongside artificial intelligence. Internet Of Things (IoT) Tokens have a growing total market capitalization of $4,118,835,519 and a total trading volume of $212,258,213.
Note: The tokens are ordered by their market capitalization from lowest to highest
Ruff (RUFF)
- Unit Price: $0.001221
- Market Cap: $1,202,822
- Distinct Features: The objective of Ruff Chain is to create an open Ruff Chain Ecosystem by resolving the issue of trusted operations and burdensome operations between IoT systems in various domains.
Blockchain and the Internet of Things are combined in Ruff Chain. It has an open main chain and a distributed operating system that connects the virtual world’s peer-to-peer networks and consensus mechanisms to the physical world.
It promotes the motion of atomic flow by information flow and extends the point-to-point network and consensus mechanism from the virtual to the real world.
The Ruff Chain is populated with RUFF Tokens. The benchmarks for rewarding consumption, trading, and investment within the Ruff Chain community are validated by virtual currency contracts.
Exchange: RUFF is trading live on MEXC, Huobi Global, Gate.io, DigiFinex, and Jubi with a 24-hour trading volume of $210,072.
INT (INT)
- Unit Price: $0.002970
- Market Cap: $1,445,278
- Distinct Features: INT supports writing smart contracts in multiple languages and is EVM and WASM compatible. Developers can develop DAPP on INT for a meager cost using familiar tools.
INT is the first global bottom-up, next-generation communication standard and blockchain of things (BoT) base application platform.
SDN, blockchain, and fog computing technologies from INT are integrated and optimized using the “cycle progressive application” model. These application development methods are employed by INT when implementing applications for its partners.
INT is designed for easy integration with any IoT protocol. In addition to ensuring that the design and innovation of the INT public chain architecture evolve to meet new and current IoT application scenarios, INT aligns network functions with practical applications.
Exchange: INT is trading live on OKX and PancakeSwap (V2) with a 24-hour trading volume of $96,200.60.
Smart MFG (MFG)
- Unit Price: $0.005596
- Market Cap: $2,084,052
- Distinct Features: The blockchain process architecture protocol for smart manufacturing, according to Smart MFG, was “pioneered and created” (patent pending).
The world’s first 3D NFT Marketplace, Smart MFG, which is already a top blockchain supply chain company, is dedicated to enabling creators, industrial designers, and all makers to own, market, sell, and authenticate their digital assets (CreatorFi), as well as gamers to accelerate their play-to-earn opportunities (GameFi).
Since 2018, Smart MFG has been manufacturing and launching 3D parts into space for the top aerospace and defense companies in the world using NFT technology in blockchain supply chains.
The use of NFTs in 3D communities is now being expanded to create an Open Metaverse and support the Create-To-Earn economy.
Exchange: MFG is trading live on BKEX, Uniswap (V3), and Bancor Network with a 24-hour trading volume of $16,333.28.
SmartMesh (SMT)
- Unit Price: $0.001669
- Market Cap: $2,235,071
- Distinct Features: The contributor of the node that the data passes through will be compensated with a proportionate amount of SMT when they connect to and transmit data through a Mesh network created using SmartMesh technology.
The IoT’s underlying protocol, SmartMesh, is built on the blockchain. SmartMesh extends the Raiden and Lightning Networks second layer architecture network protocols and includes built-in blockchain light nodes to enable internet-free digital payments and transactions.
With blockchain-based token incentives, SmartMesh technology creates adaptable, decentralized Mesh Networks with higher near-field speeds and bandwidth than typical Internet connections. These networks can also self-repair.
Blockchain can now cross the Internet’s physical boundaries into the IoT and IoE eras of connected everything thanks to SmartMesh.
Exchange: SMT is trading live on Huobi Global, Gate.io, and HitBTC with a 24-hour trading volume of $14,368.04.
Sentivate (SNTVT)
- Unit Price: $0.0006438
- Market Cap: $2,302,280
- Distinct Features: Sentivate completely replaces HTTP and TCP with UDSP technology, enabling a two-way connection between the sender and the receiver with the least amount of latency.
Launched in 2014, A hybrid web called Sentivate has centralized and decentralized elements.
The developers’ stated objective is to develop a replacement for the current internet infrastructure. The network is built with a focus on speed, security, and scalability to outperform centralized and decentralized systems.
Sentivate addresses several problems, including the lack of identity and accountability, the bandwidth crisis, dated protocols, broken DNS servers, reactive security, domain rules, and web categorization.
Exchange: SNTVT is trading live on KuCoin and Uniswap (V2) with a 24-hour trading volume of $33,206.48.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
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Source: https://nulltx.com/top-5-iot-tokens-below-2-5m-market-capitalization-to-watch-in-september-2022/