Binance clarifies that the display of $IOTX "0.0000" is a system anomaly, and IoTeX will soon launch buyback and other revitalization plans.

According to Mars Finance news, on October 13, Binance released an announcement, officially clarifying that the price displayed as “0.0000”$IOTX on the platform is due to a display issue and system anomaly, and does not reflect the actual market trading price. Binance has initiated system repairs, and the price charts of major CEXs are gradually returning to normal. In response to this market fluctuation, the IoTeX team acted promptly, confirming that the network and all on-chain assets remain secure and stable, and expressed their commitment to work with global investors and partners to actively restore market confidence and promote healthy ecosystem development. The revival plan for $IOTX has been simultaneously launched: • Collaborating with major CEXs and market-making partners to enhance market liquidity • Initiating multiple 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 it will continue to uphold the principles of openness, transparency, and long-termism, and, with the support of global partners and the community, will embrace the new growth cycle with greater resilience and unity.