๐จ๐ฑIOUSDT NEXT MOVE ๐ฑ๐จ
Overvaluation Warning:
โ ๏ธ This coin is currently OVERVALUED. Please study it before investing.
๐ Current Price: $5.0247
๐ Market Cap: $477,346,111 (down 10.38%)
๐ 24-hour Trading Volume:$722,082,925 (down 62.57%)
๐ Circulating Supply:*95,000,000 IO (11.88% of total supply)
๐ Total Supply: 800,000,000 IO
๐ Fully Diluted Market Cap: $4,019,769,014
Supply & Value Dynamics:
๐ The circulating supply of 95,000,000 IO represents only 11.88% of the total supply (800,000,000 IO).
๐ This low percentage in circulation indicates an overprice of the token.
โ ๏ธ When more tokens enter circulation, the value will likely drop.
Potential Risks:
๐ The IO token appears potentially overvalued given the small circulating supply relative to the total supply.
โ ๏ธ If a significant portion of the unreleased tokens enters the market, it could lead to downward pressure on the price.
โ ๏ธ Investors should be cautious and consider the potential risks associated with the future increase in supply and its impact on the token's value.
Additional Insights:
๐ 11.8%of the TOTAL supply is in circulation.
๐ The total supply of IO token is 800 Million.
๐ฅ The team plans to burn about 300 million IO tokens.
๐ This leaves about 500 million to be gradually released into circulation.
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