BTC oversold rebound was interrupted again!  The reason is! ! !

Yes, it's the German government again! It's him again!

The day before yesterday, the German government transferred 16038.7 BTC in one day, with a total value of over US$900 million (part of it has been withdrawn). Since June 19, the market has been "dumping". The selling volume reached a peak on July 8, and the single-day selling exceeded the total of the previous 20 days, causing the market rebound to be forcibly interrupted. Although the market is cold, some tracks are still very popular. The concept of AI+DePIN is particularly popular, among which the IO project is particularly worthy of attention.

The king of the DePIN track - IO. As the leader of the decentralized GPU DePIN computing network, io.net has a very good prospect and obvious advantages. On June 11, 2024, the IO token was first launched on Binance. As the governance and utility token of the ecosystem, IO provides a variety of application scenarios. IO's staking mechanism will further enhance the stability and quality of network hardware. With the development of AI technology and decentralized computing power, the future potential is unlimited. The DePIN track is rising rapidly and becoming an important part of the blockchain and Web3 fields.

 In addition, IO coins have a large user base and consensus community, which is a solid foundation for its success. Regarding mining, everyone still needs to upgrade the graphics card equipment in advance, and the requirements are getting higher and higher, which also shows that the future of IO is more optimistic.

Summary IO is the leader of the DePIN track and has broad prospects, especially its decentralized GPU computing network and strong user base. As a coin circle, we should continue to pay attention to this potential token. #美联储何时降息？

#IO去中心化算力网络 #美国大选如何影响加密产业？ #德国政府转移比特币 #币安7周年 $IO $BTC $NOT