IO seems to be very controversial on Binance Square, and some people are constantly scolding it. Why is this happening?
I think IO is pretty good. If you bought it at a high point before, there are two ways. Either be patient and wait for another outbreak, or cut your losses and leave.
Let me talk about my personal views on IO.
First: Good news continues to be announced
Yesterday, the US CPI was announced, and the macroeconomics is better. The Fed's interest rate cut is expected to be in September. If BTC rises, then 10,000 coins will rise, let alone IO?
Second: A few days ago, the German government's market crash aggravated the computing power tension. IO has more than 20,000 GPUs that have passed computing power verification, and it will be obvious in the computing power market.
With a market value of 200 million US dollars, there is also a lot of room for growth.
Third: IO's own strong community resources and IO's ecosystem are highly scalable, able to accommodate and support a variety of different applications and services, thereby attracting more developers and users.
Fourth: Based on the hot track of AI
$IO adopts efficient resource management and innovative token destruction mechanism by combining AI and DeFi technology, which not only improves its market competitiveness, but also provides more value protection for investors.
Fifth: Experienced de-bubble
From the opening high to now, the price has indeed fallen a lot, but it is also an opportunity.
Opportunity is the new price advantage, and the current price is really a bargain.
In the long run, it is not impossible for IO to reach 10U.
What do you think? ? ? ? @IONET1 $IO