PRICE PREDICTION
IO token is trading on the pre-market market with prices ranging from 2 USD to 5 USD, expected to increase to 10 USD when listed.
The event of Binance confirming IO.NET (IO token) to become the 55th project on Binance Launchpool is receiving great attention from the community. Investors can stake BNB and FDUSD to farm IO tokens for four days, starting from 7:00 a.m. on June 7 to 6:59 a.m. on June 11.
Binance listed IO token at 7:00 p.m. on June 11 with transactions for IO/BTC, IO/USDT, IO/BNB, IO/FDUSD, IO/TRY pairs and attached a Seed Tag to the project.
Whale Pro opens IO token sales on the pre-market market to meet the growing demand of investors. Currently, IO is trading at 4.5 USD, up 16% in the past 24 hours. 24h trading volume reached 275,129.1 USD, an increase of 255.4%.
Total trading volume reached 6,127,472.1 USD. The highest selling price of IO is currently 4.9 USD. Whales Market recorded an average bid price of IO of 0.6571 USD and an average ask price of 4.29 USD.
Most investors believe that IO's current price does not accurately reflect IO's potential. Many higher prices were offered to reflect the community's expectations for the project.
I TOKEN
The GPU market is predicted to skyrocket to a size of 206.95 billion USD by 2030. Io.net is one of the companies that provides GPUs at a cost 90% lower than other companies. The goal of the project is to increase computing power for consumers as well as rent computing power at better prices than the current market.
Projects closest to IO such as Render and Filecoin both receive positive support, with initial supply not too different from IO. Besides, io.net is also highly appreciated for its superior CPU and GPU network.
When compared to potential competitors, the community sees IO as having the potential to reach $10 USD upon listing. This is the average price agreed upon by many investors.
The higher price range between 11.9 USD and 16 USD can be achieved if project capitalization grows in the range of 2.39 billion USD to 3.21 billion USD. On the contrary, IO price may fall to the range of 3.2 to 8 USD, with a capitalization between 654 million USD and 1.6 billion USD.
Io.net is a large project in the DePIN segment, valued at 1 billion USD after completing a capital call worth 30 million USD. Io.net strives to meet the growing demand for GPU computing with efficient, sustainable, and highly scalable solutions. The project also actively builds partnerships to better support users.
The project announced tokenomics with an initial supply of 500 million tokens. Over the next 20 years, supply gradually increases to 800 million IO. The additional tokens are used as rewards for providers and stakers. Rewards are at 8% for the first year and gradually decrease by approximately 1.02% per month, or 12% per year until the supply is maxed out. Community rewards up to 50%.
Users can receive IO tokens when:
Contribute hardware resources to the project and ensure stable operation
Provide services and receive fees
Staking IO
The project's decentralized model gives users more choices, reducing costs and resource scarcity. The project leverages GPUs from multiple sources such as independent data centers and crypto projects to provide more stable and abundant computing power.
The project's system automatically deploys, schedules and scales, users do not need to worry about technical and hardware issues.