Do you think it has stabilized? Are you ready to buy the bottom? Don't be blindly optimistic. Wait until $BTC stabilizes at 58,000 before looking at 60,000, which is an important selling pressure point. Then let's first understand the reasons for the decline of the market. The reasons for the decline of the market can be simply summarized into 3 points:

1. Selling pressure from Mt.Gox exchange

2. Selling by the German government and miners

3. Impact of the US election: The progress of the US election and potential policy changes have caused market uncertainty.

Since the decline is caused by selling, there must be a rebound during the period. The current situation is unclear, and I think all rebounds are for continued selling. It is recommended to study potential currencies first and then buy the bottom after the big cake stabilizes. $IO has fallen by 70% in less than a month since its launch. The rebound profit during the period is relatively large, so you can focus on it first. The project is also a very good new project. io.net, as a pioneer GPU computing network in the field of Web3, its ecological future shows an impressive prosperity prospect. Against the backdrop of the rapid growth of global computing power demand, the decentralized GPU computing power services provided by io.net are gradually emerging and becoming a popular choice in the market. This trend has created unprecedented opportunities for the circulation and application of $IO tokens, highlighting its core position in the network. As the governance and utility token of io.net, $IO will play a vital role in the entire ecosystem, and its demand will continue to grow as the ecosystem expands, further promoting the enhancement of its value and potential.

The decentralized infrastructure (DePIN) track is gradually drawing a new blueprint for future infrastructure construction and operation. With the help of blockchain technology and the wisdom of token economics, DePIN not only achieves the optimal allocation of resources, but also greatly improves the efficiency of resource use. This not only brings higher efficiency and transparency to the operation of traditional infrastructure, but also opens up unlimited possibilities for emerging business models and innovative thinking by reducing operating costs. With the continuous advancement of technology and the increasing richness of application scenarios, the DePIN track will undoubtedly show greater development potential and lead a new wave of future infrastructure construction and operation. #IO去中心化算力网络