What Happened to $IO ? Why It is Down?

The reason is ๐Ÿ‘‡๐Ÿ‘‡๐Ÿ‘‡๐Ÿ‘‡

In last 24 hours, #io faced a selling pressure and dropped more than 25-30โ„… from 5.8 to 4.3. Investors who have long trades are curious about the price drop.

๐Ÿ”ฅThe possible reason of price drop

There is a new launched token $ZK on the binance due to this, short term traders closed their positions from IO to make quick profit due to high volatility and volume will be there in the new launched token ZK.

This will not effect the long term price of $IO .

Dont worryโ˜บโ˜บโ˜บ

Follow me for latest updates๐Ÿค‘๐Ÿค‘๐Ÿค‘

Disclaimer - Cryptocurrencies are highly volatile and uncertain about the quick price changes so do your own research before investing.