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💰 Bitcoin BTC price showed positive dynamics 📈 Unexpectedly, we see a number of bullish candles on the chart. Once again, let's consider the timeframe of 4 hours. A double bottom reversal pattern is forming on the chart✅ Now it is confirmed as the price goes beyond the important mirror level of ~$58,350. There is a breakdown of the important mark, but there is no consolidation above it yet. If we have a full-fledged consolidation above this mark, with a "retest" from above, we can expect the beginning of the upward movement, albeit local. The chart looks quite positive, despite the negative sentiment on the market. Now the price is going against the crowd, but it does not mean that we have already broken the local descending structure #BTC #Erinacrypto $BTC
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IO.net Decentralized Cloud Network. The successful launch of the IO Coin (IO) on the Binance Launchpool in June marks a turning point for io.net and its vision for a decentralized future of computing power. Built around the concept of the #IOInternetofGPUs, io.net aims to create a vast network of individual GPUs, forming a powerful, on-demand cloud resource. Let's delve into the potential this unlocks. Firstly, io.net has the potential to democratize AI development. Traditionally, AI and machine learning (ML) require expensive, centralized computing resources. io.net makes this power accessible to a wider range of developers and researchers, fostering innovation across these rapidly evolving fields. Secondly, the decentralized nature of io.net allows for efficient scalability. The network can dynamically adjust to meet the ever-growing demand for computing power, eliminating bottlenecks and ensuring smooth operation even for highly intensive tasks. Thirdly, by distributing resources across a vast network, io.net minimizes the impact of hardware failures or cyberattacks. This enhances overall reliability and uptime for users. io.net's potential is further amplified by the DePIN (Decentralized Infrastructure Protocol) track. DePIN's goal is to create a robust DeFi (Decentralized Finance) layer within io.net, which could incentivize network participation and unlock new avenues for financial innovation. io.net's vision represents a future where computing power is not a privilege for a select few, but a readily available utility for all. With a strong foundation and ambitious plans, io.net is poised to play a major role in shaping the landscape of decentralized computing and empowering the next generation of AI advancements. #IOInternetofGPUs $IO
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SD We have Coinbase listed $SD to its roadmapMassive Falling Wedge formation on 3D timeframe🧐 Breakout is imminent🚀 Quarterly buybacks are approved Stader team is relentlessly developing #SD #Erinacrypto
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IO: Powering the Future of AI 💰 The recent arrival of the IO Coin (IO) on the Binance Launchpool marked a watershed moment for io.net. This decentralized cloud platform, architected around the concept of an Internet of GPUs (IoGPUs), has the potential to democratize the development of AI and machine learning. io.net's heart lies in its DePIN (Decentralized Infrastructure Protocol) – a system that empowers anyone to contribute their spare GPU processing power to the network. This creates a vast reservoir of computational resources, readily available for AI developers at a fraction of the cost incurred with traditional cloud solutions. The successful Token Generation Event (TGE) unlocks a spectrum of possibilities for both the io.net ecosystem and the IO token. Here's why it's particularly intriguing: Empowering the Many: By making powerful GPUs accessible and affordable, io.net grants a wider range of developers the ability to experiment and innovate in the AI realm. This fosters a more collaborative and dynamic environment for AI advancement. Sustainable Ecosystem: The IO token incentivizes both GPU providers and developers to actively participate in the network. This self-sustaining model guarantees long-term growth and stability for the io.net ecosystem. Beyond AI: The decentralized GPU network has the potential to support a vast array of applications that extend far beyond just AI. From scientific computing to rendering intricate visuals, io.net could become the preferred platform for high-performance computing needs. The DePIN protocol is a particularly captivating aspect of io.net. By establishing a decentralized infrastructure for GPUs, io.net circumvents the limitations and potential roadblocks associated with centralized cloud providers. This not only empowers users but also paves the way for a more secure and transparent computing landscape. #IOInternetofGPUs $IO
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#MATIC is consolidating to break out above the symmetrical triangle on weekly timeframe🧐 Waiting to move up🚀 #MATIC #Erinacrypto $MATIC
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