I heard that $IO was criticized badly recently, then you must have not read Brother Sao's price prediction before the opening!
On the 11th of last month, before the launch, it was predicted that 80% of the people would run or leave the market if the opening price was above 5-6 dollars!
If you do it, you will directly outperform 99% of people at this moment, telling you to consider opportunities below 2.5! At this moment, the lowest has reached 2.505!
Does IO, which will be launched for a month soon, mean the arrival of mid-term band opportunities? Please follow Brother Sao's thoughts and talk about it!
Progress of the project itself:
In the third quarter of 2024, the IO Foundation will launch $IO Staking, requiring GPU nodes to pledge $IO as a guarantee of GPU stability and quality, thereby further improving the quality of network hardware and enriching the use scenarios of $IO tokens.
io.net is also a strong community. In three rounds of airdrops, more than 1 million Solana wallets have received IO token rewards, including GPU contributors, community supporters, Galaxy, Discord community members, etc. At present, a large number of IO ecological projects are under construction, including computing power tokenization, AI technology stack based on decentralized computing power network, DePINFi project based on $IO pledge mechanism, etc. #IO去中心化算力网络
io.net, as the largest GPU computing power network in Web3, has become one of the most concerned projects in the DePIN+AI track in this cycle under the background of global computing power shortage.
IO price forecast for 2024/2025:
① At this moment, the market fell sharply yesterday and today, and the short-term short position is very strong. Wait for a wave of 4h level stabilization before considering intervention
② Considering the popularity of the AI ​​sector, it is expected to return to 5 dollars+ again at the end of this year and next year, but with the continuous increase in unlocking and token circulation, the mid-term stabilization signal since the launch of this wave has appeared. It is recommended to take a wave. For the long term, it is not recommended to enter the market with a heavy position or all-in at this time
③ After this wave hits the bottom, the first rebound target is tentatively set between 3.2-3.6. The specific intervention point needs to be observed. You can continue to track and wait for Saoge to further confirm the signal!