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ErinaCrypto
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#BTC/USD
is about to confirm the Double Top formation👀
This is not good😬
#BTC
#Erinacrypto
$BTC
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🔥The Rise of IOInternetofGPUs: Powering the Future of AI 🔥 The recent launch of the IO Coin (IO) on the Binance Launchpool marked a significant milestone for io.net. This decentralized cloud platform, built around the concept of a IOInternetofGPUs, has the potential to revolutionize the way AI and machine learning are developed. io.net's core lies in its DePIN (Decentralized Infrastructure Protocol) – a system that allows anyone to contribute their unused GPU processing power to the network. This creates a vast pool of computational resources, readily available for AI developers at a fraction of the cost of traditional cloud solutions. The successful TGE unlocks a range of possibilities for both the io.net ecosystem and the IO token. Here's what excites me: Democratization of AI: By making powerful GPUs accessible and affordable, io.net empowers a wider range of developers to experiment and innovate in the AI space. This fosters a more collaborative and dynamic environment for AI development. Sustainable Growth: The IO token incentivizes both GPU providers and developers to participate in the network. This self-sustaining model ensures long-term growth and stability for the io.net ecosystem. Real-World Applications: The decentralized GPU network has the potential to support a wide range of applications beyond just AI. From scientific computing to rendering complex visuals, io.net could become the go-to platform for high-performance computing needs. The DePIN track is a particularly fascinating aspect of io.net. By creating a decentralized infrastructure for GPUs, io.net bypasses the limitations and potential bottlenecks of centralized cloud providers. This not only empowers users but also paves the way for a more secure and transparent computing landscape. While io.net is still young, the recent developments and the potential applications of DePIN are a cause for excitement. The future of AI is undoubtedly decentralized, and io.net is well-positioned to be a key player in this revolution. #IOInternetofGPUs $IO
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#BTC fell below 53,500 for the first time since February 2024😕 News background: - The German government transferred a total of 1,300 BTC (75 million) to Bitstamp, Coinbase and Kraken; - MT Gox made a transfer of 47,229 BTC as part of the start of distribution process; - MT Gox made a deposit of 1,545 BTC to the Bitbank exchange; - MT Gox announced the start of payments #BTC #Erinacrypto $BTC
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💧 #SUI worked off the negative scenario According to my past prediction, the price went according to plan with a decline. It has gone down 9.69% since the important 📉 level I mentioned. Above the major support at ~$0.782, a bearish inverted cup-with-handle pattern was formed. The last segment of the formation formed after consolidation between key support and the ~$0.830 mirror level. Going forward, I do not expect any strong downside retracement of this formation. I think that the price will reverse upwards in the near future. Now the market has removed stops and liquidations under the strong level, which in principle was the point of the whole downward movement 🕯 #SUI #Erinacrypto $SUI
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#MKR According to the previous analysis, the upward trend in the #MKR chart is still maintained in the daily time frame. The price returned to the dynamic resistance and reacted to it again. The price is still moving above the level of $2250-$2050 . By carefully observing how to grow and then correct the price, you can expect to break out of the pattern and grow again to the top of the channel. But first, we have to wait for dynamic resistance to break. #MKR #Erinacrypto $MKR
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💰 BTC Update Main scenario → to continue consolidating inside the range and rise up to the end of Summer💁♂️ Alternative scenario → to have a correction to $48k key zone and rise up from there📈 #BTC #Erinacrypto $BTC
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