Will $IO rise again?

#IO is facing continues decline after gaining around 100% of it's listing price. Now it has falled to it's listing price. The big question is Will it rise from here or it may drop more?

As per the current crypto market trend, it may drop more or may fall to 2 or less. If $BTC rise and continue rising then only chance of IO recovery.

Many of the new listed tokens on binance showing the same pattern. Rise and fall to their listing price or less. This is not a good sign for crypto market and binance too. It makes new #cryptocurrencies for short term profit machine not for long term bull.

Its a very serious situation.