BEFORE YOU BUY #IO coin, read this.

This coin is currently OVERVALUED, please study it before investing.

Current price: $5.0247

Market cap: $477,346,111 (down 10.38%)

24-hour trading volume: $722,082,925 (down 62.57%)

Circulating supply: 95,000,000 IO (11.88% of total supply)

Total supply: 800,000,000 IO

Fully diluted market cap: $4,019,769,014

The circulating supply of 95,000,000 IO represents only 11.88% of the total supply (800,000,000 IO). This low percentage in circulation shows over price of the token. When more are turned into circulation, the value will drop.

The IO token appears potentially overvalued considering the small circulating supply relative to the total supply. If a significant portion of the unreleased tokens enters the market, it could lead to downward pressure on the price. Investors should be cautious and consider the potential risks associated with the future increase in supply and its impact on the token's value.

11.8% of the TOTAL supply is in circulation

The total supply of IO token is 800 Million

The team said about 300 million of IO token will be burnt. We still have about 500 Millions to be released into circulation gradually and in percentage.

Potential Inflation: With a large portion of the tokens yet to be released, there is potential for significant inflation. If more tokens enter the market, the price per token could drop unless there is a proportional increase in demand.

Buy and sell and take profit for now. DO NOT HOLD or being attached emotionally to the coin. You are here to make profit and not get attached

DYOR