As of September 2024, IO Coin (IO.net) is performing relatively well, trading around $2.11 with a market cap of approximately $254 million. The coin's 24-hour trading volume is around $85.9 million, indicating active market interest and liquidity. IO Coin has had some notable fluctuations this year, reaching an all-time high of $6.45 in June 2024, but dropping to $1.32 by August before recovering again.

IO Coin focuses on providing decentralized AI computing services, making it a popular choice for developers needing affordable, scalable GPU clusters. Its recent partnerships, such as with TARS Protocol, are intended to enhance its AI model training services, reducing costs by as much as **30%**. The coin's long-term outlook is optimistic, with predictions suggesting it could rise to $12-$15 by 2028 if the decentralized AI and blockchain industries continue to grow.

However, like many cryptocurrencies, its price is subject to volatility and market sentiment, so ongoing developments in the crypto and AI spaces could significantly impact its future.