Focus on the target: IO (Binance)
Reasons:
1. It is a star project in both AI and DePIN tracks, with double buffer
2. It has raised $40 million, and the latest round raised $30 million at a valuation of $1 billion. It is invested by top institutions such as Multicoin and OKX, and is listed on Binance Launchpad. The team is luxurious
3. The circulating market value is relatively small, currently only more than 300 million US dollars, which is a big gap from RNDR, LPT, etc.
4. There is no large-scale unlocking of tokens in the near future, and early investors will lock up for one year before releasing (release starts in the 13th month)
If you are optimistic about io in the medium and long term, you can build one lot at the current price of 3.22u (historical lowest price 3.13u). Be careful not to overweight the position, and do not rule out the possibility of the market continuing to fall.
Pay attention to two prerequisites: optimistic about io in the medium and long term, and build positions in batches.
Recommended targets, holding time 1-3 weeks, can also be used as a medium and long-term layout.
Stop loss: 2.9u (current price drops 10%)
Take profit: 3.72u
