$IO Leo to the people making comments about the fall of certain coins and trying to glimpse the future with useless technical analysis on the behavior of the coin on a chart 📈. They must understand that a chart is just a real-time photograph of where the asset is, but we neither have the method nor the technology to know where it will go or in what direction that asset will move. It's Schrödinger's paradox: we cannot know if the cat inside the box 📦 is alive or dead. According to quantum mechanics, the cat is both alive and dead at the same time. So understand that the markets, in a ratio of 9 to 1, are driven by emotions, rumors, geopolitics, and all those factors that affect the economy and, consequently, the value and price of cryptocurrencies.

In the case of cryptocurrencies, they are all very volatile and can jump from one price to another as money or liquidity moves from one ecosystem to another, driven by big investors. Right now, if any millionaire were to place a large amount of money into a memecoin, its price would rise in the blink of an eye.

With what happened with RUNE, it was proven what I have been asserting: the CEOs of the projects put the money into Bitcoin and Ethereum. The serious issue with the CEO of THORChain was that he bet the project's money and was liquidated, losing 200 million dollars. This partly explains why coins dance to the tune of Bitcoin.

As for IO.NET, I know the project perfectly. It fell more than most due to the drop in NVIDIA's stocks. Remember that IO.NET rents GPUs for AI companies and other applications such as serving as cloud information support, rendering, among others. So it is suffering from the effect of Chinese AI, but it will overcome it and soon be back above $2. Buying on the dips, like the one IO.NET had, are opportunities. I held IO.NET when it fell to $1.50 and I just had to wait. IO is sitting at $3.