IRYS price is hovering around $0.034 - $0.036. It has been down a bit (-8% to -14%) in the last 24 hours, but there are some positives in the week. Market cap is now around $85-90 million.
Irys is a new Layer-1 Data Chain — meaning storing large amounts of data on-chain, using that data with smart contracts, built for AI + DePIN. Tokenomics is also deflationary (fees are burned). There is potential.
My thoughts on the future: In the short term, it will depend on the market mood. If there is a bull run, it can easily go to $0.05-$0.08 this year. In the long term (2027-28), if there is good adoption, there is a chance of going to $0.10 - $0.20+ (many analysts are giving such predictions).
But brother, do DYOR. There is a lot of risk in crypto.