As a newcomer in the AI sector, IO is on the decline list again today. It seems that the new coins launched this year are more and more likely to trap people. IO was launched on the secondary market on June 11, and the next day it peaked at 6.5U. I don’t know how many people have been trapped!
From the highest point to now, there has not been even a decent rebound. It rebounded slightly after the drop in July, but then it began to fall uncontrollably again. There is no sign of rising at all.
Yesterday, Bithumb, the second largest exchange in South Korea, announced the launch of the lonet (10) won market, and plans to open trading and withdrawals at 06:00 UTC+9 on August 7, 2024. With this positive news, it only rose a little, and then fell again.
In 3 days, IO will unlock another $3.6856 million, and will fall again. There is not much capital inflow. I doubt whether IO can get up again?
I bought 2000U around 2.06, thinking it was the bottom, but it turns out there is no bottom. For those of you who hold IO, how much did you enter the market?