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Crypto Man MAB
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๐ธ Can $IO Reach at $100 ๐ฏ in 2024 ๐ณ Yes everyone wants To Know the price of IONET can it really reach at $100๐คฉ. Before I move on please ๐ฅบ don't consider this as a financial advice also always do your own research before any investment . ๐ฏ๏ธ First learn about it what is it โ๏ธ ๐ Io.net is a Decentralised computing network designed to provide affordable and efficient cloud computing resources for machine learning and AI applications . ๐ As you know that any body can't figure out accurate price so don't be happy ๐ฅน for $100 in 2024 because it's looks so impossible to reach that mark up. ๐ฏ According To CCN that maximum in 2024 it can reach is $12.36 . #IOInternetofGPUs
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Hereโs the Reason for $BTC 's Recent Drop in Price: ๐จ BTC Liquidations - Futures Trades: Futures trades betting on higher prices lost over $230 million in the past 24 hours. - Liquidations: BTC and ETH-tracked futures saw over $60 million in long liquidations each, while products tracking DOGE, SOL, XRP, and Pepe coin (PEPE) recorded at least $4 million in losses. ๐จ BTC ETF Outflows - Spot Bitcoin ETFs: U.S. spot bitcoin ETFs saw $20.45 million in net outflows yesterday. Nine funds, including BlackRockโs IBIT, had zero flows. - Grayscaleโs GBTC: Reported daily net outflows of $26.99 million, countered by $6.55 million in net inflows from Fidelityโs FBTC. - Trading Volume: Recent trading volume of spot bitcoin ETFs is lower than in March when they saw daily volumes of around $8-10 billion. The ETFs have accumulated a total net inflow of $14.62 billion since their January inception. ๐จ Mt. Gox Repayments & Miners Sell-Offs - Sell Pressure: Fears of sell pressure from Mt. Gox repayments and possible miner sales have also led to Bitcoin dropping below $59,000, with major tokens like ether and Solana's SOL also declining. - Miner Sales: Miners are still being extremely underpaid, leading to increased selling of their tokens. ๐จ Germanyโs Continued Sell-Offs - Nation-State Holdings: Germany is one of the largest nation-state holders of Bitcoin. - Government Sales: Over the past few weeks, the German government has transferred large amounts of BTC to exchanges, summing to over 2,700 BTC. These factors collectively contributed to the recent drop in BTC's price. Stay informed and cautious in the current market conditions. #SOFR_Spike #US_Job_Market_Slowdown
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IONET x DePIN ๐ค Let's Learn About it ๐คซ ๐ Decentralised Physical Infrastructure Network DePIN ๐ DePIN is name of Decentralised applications that use tokens to incentivise communities to build physical infrastructure network . ๐ Simple words DePIN is a decentralised application that uses tokens to incentivise people to crowdsource and build connected real world Physical Infrastructure . ๐ So $IO innovative approach to solving the GPU shortage problem had the potential to transform the AI and DePIN sectors . If you want to Know more about them just tell Me I will write in details. #IOInternetofGPUs
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Hey guy's ๐ let's learn about io.net its opportunities and potential ๐ As you know guys $IO offers a decentralised network of GPUs providing scalable and affordable computing power for machine learning applications . ๐ Io.net empower individuals worldwide to contribute to the advancement of AI technologies regardless of their background or resources. ๐ Users can access a vast pool of GPUs from various sources worldwide making it easier and cheaper to run ML workloads compared to traditional cloud services . ๐ Lower Costs faster access and highly security . #IOInternetofGPUs
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๐ Over 110 businesses are now building on #Bitcoin in Africa ๐ #CryptoManMab
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