- Analysis of this week's focus events 🚀
- Three major challenges on the road to BTC's rise 🔥
1. German government selling: This action undoubtedly added resistance to BTC’s upward path.
2. The U.S. government’s selling: Similarly, the U.S. government’s selling also had a significant impact on the BTC market.
3. Compensation for Mentougou: Among them, the latest compensation is expected to be completed around October. During this period, negative news about Mentougou may continue to affect the market.
- This week's focus 📅
On Tuesday and Wednesday, the speech by Fed Chairman Powell will be the focus of market attention. Judging from the market rebound on Sunday, panic sentiment has not yet been fully released, so we need to remain patient and wait for the market to fall by more than 10% before considering buying the bottom in batches.
- Recommended Projects 🌟
IOio.net, a compelling decentralized computing network. It supports the development, execution, and expansion of ML applications on the Solana blockchain, and forms the world's largest GPU cluster by integrating 1 million GPUs. In addition, DePIN.io.net also aggregates GPUs from various underutilized resources (such as independent data centers, crypto miners, etc.), providing engineers with powerful, accessible, customizable, and cost-effective computing power.
Currently, there are more than 200,000 verified GPUs on io.net, including a large number of professional AI graphics cards, such as A100, H100, L40S, etc. In the context of global computing power shortage, IOio.net is expected to become a leader in the DePIN+AI field.
It is worth mentioning that in the third quarter of 2024, the IO Foundation will launch the $IO Staking Program, requiring GPU nodes to stake $IO as a guarantee of GPU stability and quality. This move will further improve the quality of network hardware and enrich the use scenarios of IO tokens.
In addition, io.net also has a strong community support, and has attracted many participants and followers through activities such as three rounds of airdrops.
In the Solana ecosystem, more than 1 million wallet users have received generous rewards in IO tokens, including GPU contributors, firm community supporters, Galaxy members, and active Discord community members. At the same time, a series of innovative projects are booming in the IO ecosystem, including computing power tokenization, advanced AI technology stacks based on decentralized computing power networks, and DePINFi projects using the $IO staking mechanism. These projects jointly promote the prosperity and development of the entire ecosystem. You must understand the future narrative of the coins in your hands to win the battle!
If you are losing money now and don't know what to do, you can follow me and find me at any time by clicking my avatar. I will share all the contract spot gameplay. Just to increase followers #美国6月非农数据高于预期 #德国政府转移比特币
