What Happened to $IO ? Why It is Down?
The reason is ๐๐๐๐
In last 24 hours, #io faced a selling pressure and dropped more than 25-30โ from 5.8 to 4.3. Investors who have long trades are curious about the price drop.
๐ฅThe possible reason of price drop
There is a new launched token $ZK on the binance due to this, short term traders closed their positions from IO to make quick profit due to high volatility and volume will be there in the new launched token ZK.
This will not effect the long term price of $IO .
Dont worryโบโบโบ
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Disclaimer - Cryptocurrencies are highly volatile and uncertain about the quick price changes so do your own research before investing.