Just two days after the rise, this idiot jumped out to short again. Is he so stupid? How did you calculate it with your toes? It should be 50,000? I guess he opened a short order and then released news to short. It's so annoying. The market is messed up by such people. Don't pay attention to the nonsense of such people. Just sit tight and wait for the big bull market to come! Glassnode: The current real market average of Bitcoin price is 50,000 US dollars. On July 7, Glassnode published a statement saying that as BTC prices fell to the $60,000 area, a certain degree of fear and bearishness appeared among many investors. It is not uncommon for apathy to spread when market volatility stagnates and goes dormant. Despite this, the overall profitability of investors is still very strong, and the average token profit multiple is still 2 times, but most short-term holders are in a loss. At present, the price of Bitcoin is still in a passionate bull market after several brief entries into the euphoria zone. The real market average is $50,000, representing the average cost basis of each active investor. This level remains a critical pricing level for the market to maintain above if the macro bull run is expected to continue. Bitcoin's unrealized profits indicate that the market may be overheated, and this value is currently $92,000. The breakeven level for the short-term holder group is $64,000. The spot price is currently below this level, but is trying to recover.
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As expected, retail investors are panicking, and big investors are greedy. Retail investors sold their stocks yesterday, while ETF institutions took the opportunity to buy in. According to Farside Investors, Fidelity FBTC had a net inflow of $117.4 million yesterday. This shows that institutions still believe that the bull market will come. At this critical moment, the most important thing is to lay out and ambush high-quality targets in advance, so that we can welcome the epic bull market with institutions and reap the bull market dividends.
For example, IO, which I have always been optimistic about, is a very good potential target and is expected to become the new leader in the decentralized infrastructure (DePIN) track. Compared with other DePIN computing projects, io.net focuses on GPU computing power, and the scale of its GPU network is more than 100 times ahead of similar projects. io.net is also the first in the blockchain industry to integrate the most advanced ML technology stack (such as Ray clusters, Kubernetes clusters, and giant clusters) into the GPU DePIN project and put it into large-scale practice, which makes it not only in the number of GPUs, but also in the ability of technology application and model training.
As io.net continues to develop, if it can increase its GPU capacity to 500,000 concurrent GPUs across the entire network to compete with centralized cloud service providers, it will be able to provide services similar to Web 2 at a lower cost, and have the opportunity to gradually establish its core position in the field through close cooperation with major DePIN and AI players (including Render Network, Filecoin, Solana, Ritual, etc.) Become the leader and settlement layer of the decentralized GPU network and bring vitality to the entire Web 3xAI ecosystem.
io.net completed the $IO Coin first launch (TGE) on Binance Launchpool on June 11, which means that the future io.net ecosystem will usher in a faster leap forward, and the $IO token is likely to become the leading token in the track, so I chose to ambush firmly. Not long ago, UWEB and JDI Global officially released the highly anticipated "2024 DePIN Development Report", which deeply explored the revolutionary role of the distributed physical infrastructure network (DePIN) in the digital economy and its future development trends. It is pointed out that the development prospects of DePIN are promising, and the market size is expected to reach 3.5 trillion US dollars by 2028. It will play an increasingly important role in the development of global infrastructure networks.
Brothers, please give Lao Tang a thumbs up after reading this! Thank you
#IO去中心化算力网络 $IO
For example, IO, which I have always been optimistic about, is a very good potential target and is expected to become the new leader in the decentralized infrastructure (DePIN) track. Compared with other DePIN computing projects, io.net focuses on GPU computing power, and the scale of its GPU network is more than 100 times ahead of similar projects. io.net is also the first in the blockchain industry to integrate the most advanced ML technology stack (such as Ray clusters, Kubernetes clusters, and giant clusters) into the GPU DePIN project and put it into large-scale practice, which makes it not only in the number of GPUs, but also in the ability of technology application and model training.
As io.net continues to develop, if it can increase its GPU capacity to 500,000 concurrent GPUs across the entire network to compete with centralized cloud service providers, it will be able to provide services similar to Web 2 at a lower cost, and have the opportunity to gradually establish its core position in the field through close cooperation with major DePIN and AI players (including Render Network, Filecoin, Solana, Ritual, etc.) Become the leader and settlement layer of the decentralized GPU network and bring vitality to the entire Web 3xAI ecosystem.
io.net completed the $IO Coin first launch (TGE) on Binance Launchpool on June 11, which means that the future io.net ecosystem will usher in a faster leap forward, and the $IO token is likely to become the leading token in the track, so I chose to ambush firmly. Not long ago, UWEB and JDI Global officially released the highly anticipated "2024 DePIN Development Report", which deeply explored the revolutionary role of the distributed physical infrastructure network (DePIN) in the digital economy and its future development trends. It is pointed out that the development prospects of DePIN are promising, and the market size is expected to reach 3.5 trillion US dollars by 2028. It will play an increasingly important role in the development of global infrastructure networks.
Brothers, please give Lao Tang a thumbs up after reading this! Thank you
#IO去中心化算力网络 $IO
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