🥶Breaking alert!
😡Breaking alert! !
BTC has been falling recently and has fallen below the 60,000 mark. The deep reasons behind it have surfaced!
It is reported that the movement of BTC held by many governments has become the key, especially the United States and Germany have recently been suspected of selling large amounts of BTC to centralized exchanges (CEX). This move has undoubtedly exacerbated the lack of market liquidity, indicating that BTC may seek support in the 55,500 area. In the long run, the big market may be brewing after September, so every current decline is a good opportunity for layout.
Among many potential fields, AI and DePIN tracks are particularly eye-catching. Among them, the IO project stands out with its unique advantages and has become our layout focus that cannot be ignored.
io.net, as a decentralized GPU DePIN computing network, is leading AI, rendering, games, ZK verification nodes and other cutting-edge fields to new heights. It aggregates independent data centers, crypto miners and personal GPU resources around the world, and uses advanced distributed cluster technology to enable complex tasks such as AI training and reasoning. At present, io.net has gathered more than 200,000 verified GPUs, including top AI graphics cards such as A100, H100, and L40S, which can be called the DePIN project with the most abundant computing power in the Web 3 era.
As a governance and practical tool for the io.net ecosystem, the future potential of IO tokens cannot be underestimated. In the third quarter of 2024, the IO Foundation will launch the $IO Staking plan, requiring GPU nodes to stake IO tokens to ensure the stability and quality of network hardware and further expand the application scenarios of IO tokens.
In addition, io.net has also built a strong community ecosystem. Through three rounds of airdrop activities, IO token rewards have been issued to more than 1 million Solana wallet users, covering a wide range of groups such as GPU contributors, community supporters, Galaxy and Discord community members. With the advancement of a series of ecological constructions such as computing power tokenization, AI technology stack based on decentralized computing power network, and DePINFi project, io.net is gradually becoming a shining star in the DePIN+AI track.
Looking ahead, AI and DePIN are the new favorites in the European and American markets, and io.net is likely to become one of the most watched projects in this cycle due to its leading position and unique advantages in the context of global computing power shortage.
