Read the full article here about IO token. I analysed the movement of IO token last 2 months

Back on #IO Token; The Manipulation of #Io coin and the over hype value of the Token

The actual value of the self acclaimed AI token is $2.5. Any price you see above this is artificially pumped up to deceive you into thinking IO coin is the next Artificial Intelligence token to boom 💥

Once their window dressing is over the real value will show up.

These are the following ways they are inflating the price.

They limit the circulating supply to 90M IO tokens to jack up the price to deceive gullible traders and newbies

Coordinated efforts to artificially inflate the price of IO token through misleading positive statements, followed by selling off the holdings at the peak price.

Wash Trading: They buy and sell the same asset to create misleading, artificial activity in the marketplace and this will boost the VOLUME

#Io coin is a lesser-known cryptocurrency, which might be subject to extreme volatility and manipulation due to lower liquidity and market presence compared to more established coins.

Over-hyped projects might show high activity temporarily to attract investment but lack long-term substance. Monitoring trading patterns and market behavior can indicate signs of manipulation or unsustainable hype. Unusual spikes in trading volume or price should be analyzed critically.

Is good to study the dynamics rather than blindly jumping into any project. Learn from fallen cryptocurrencies like SANDBOX & RNDR who started well but was dumped thereafter by investors who already filled in their POCKET. RNDR ( Render Token) is an AI PROJECT and SANDBOX is a Metaverse project. Sandbox price was overvalued at $8 and it declined gradually until it now at $0.36. Study the RISE & FALL of SANDBOX TOKEN to be informed.

This is not a financial advise and do your own research

FOLLOW ME, let learn and think together