Why did Bitcoin plummet?
The reasons are nothing more than two aspects:
1. The sale of German and American addresses.
2. The selling pressure of MtGox.
On July 4, the panic and greed index level of the currency market changed from neutral to fear. On Friday, the US announced that the unemployment rate in June was 4%, the same as expected, and the non-farm payrolls were 272,000 before and 190,000 before.
In the first two halving years, the big cake had a sharp correction after the halving, which made Xixi think that the bull market was over, but it was followed by a series of new highs. When the market is sluggish, it is a good time to ambush potential coins.
I think this IO coin is a very good choice.
Why?
1. IO coin is the native token of the IO.net project. The project can realize the shared economy of GPU in a decentralized way. Integrate the idle computing power of IDC data centers, cryptocurrency mines and ordinary users, and gather a large amount of low-cost computing power resources. Integrate the computing power that was originally difficult to collaborate and improve application efficiency.
2. The importance of io.net in the context of global computing power shortage
Due to the surge in demand for GPU computing power in data centers for AI model training, there has been a global shortage of GPUs. io.net can more effectively utilize the fully utilized computing resources through its unique decentralized computing power network solution to alleviate this shortage problem.
3. The attention paid to io.net in the DePIN+AI track
io.net has become one of the most popular projects in recent times due to its innovation and leadership in the fields of DePIN and AI. io.net not only leads similar projects by more than 100 times in the number of GPUs, but also leads in the ability of technology application and model training.
As an innovative decentralized computing power network, io.net provides strong support for AI model training in the context of global computing power shortage, and has therefore gained extremely high attention in the DePIN+AI track.
Do you think IO will make rapid progress in the DePIN+AI track?
Everyone is welcome to express their opinions in the comment area.
