Artificial Intelligence is booming again! Decentralized AI platform IO.NET is valued at 1 billion, IO!!
Binance (BNB), the world's largest virtual currency exchange, announced that mining of the virtual currency IO has been launched and will be launched for trading on June 11, 2024 (Eastern Eighth District time)! At that time, investors can use BTC, USDT, BNB, FDUSD, TRY and other virtual currencies to purchase transaction IO.
About IO.NET
IO.NET is a decentralized artificial intelligence computing and cloud platform dedicated to revolutionizing the AI and cloud computing industries. IO is the token issued by it and has strong application prospects:
Initial circulation: 500 million coins
Initial circulation: 95 million (circulation rate 19%)
Investment Highlights
Two rounds of private placements were successful: US$40 million has been raised, with the latest valuation reaching US$1 billion, close to the market value of Worldcoin (WLD), the virtual currency issued by OpenAI founder Altman.
The futures market is performing well: The IO futures contract has gained 13% in the past 24 hours and is now quoted at $4.71, according to Aevo data.
Market Forecasts and Investment Opportunities
With IO listed on Binance, investors should pay close attention to whether the opening price of the token will reach the $4.71 quoted by futures. This launch not only brings greater exposure to IO, but also provides investors with a good opportunity to seize opportunities in emerging markets.
Professional analysis
Technical potential: IO.NET's decentralized AI and cloud computing platform is expected to change the existing industry landscape and provide more flexible computing resources for technology enthusiasts and developers.
Market Acceptance: High levels of private equity funding and recent futures performance indicate market confidence in IO’s future.
Liquidity and Trading: Binance’s support will bring higher liquidity and more trading opportunities to IO, further driving its price upwards.
