IO.net (IO) Sees Price Drop After Binance Launchpool Debut
IO.net (IO), a Solana-based decentralized peer-to-peer network (DePIN) platform, witnessed a steep price decline following its launch as the 55th project on Binance Launchpool. The token's price dropped around 22% after hitting the market, falling from $4.54 to as low as $3.49, according to CoinMarketCap data. This sharp decrease reflects investor apprehension and the inherent volatility of the cryptocurrency market, despite the initial excitement surrounding IO.net's introduction.
