Latest news!!! 🇺🇸US News
The number of unemployment claims will drop from 238K to 222K, which is good for the US dollar💵.
The CPI data was expected to be 3.1%, and was announced as 3%, which is bad for the US dollar💵.
The inflation data was lower than expected, which is good for the crypto market. The market reaction was also very fast. The bitcoin price rose by $1,000, but it soon fell. Xixi also told everyone before that in the long run, the subsequent Fed rate cut will definitely be a major benefit to the crypto market.
For example, the recent hot IO, AI+DePIN track 🐲 has risen to 2.759, and then dropped to around 2.5. Its potential is still very good.
IO is the governance and utility token used by io.net. It is currently the largest GPU DePIN platform, and the two rounds of private financing were led by Multicoin Capital and Hack VC respectively. IO coin completed its first launch on Binance on June 11, 2024. By integrating scattered computing resources, these computing powers can be more fully utilized, providing low-cost, high-speed computing power for AI and ML fields, and promoting the healthy development of the network. The future is promising!
io.net is a decentralized GPU DePIN computing network that provides decentralized GPU computing cloud services for AI, games, etc. io.net integrates scattered computing resources to make these difficult-to-use computing resources practical. It is the DePIN project with the most computing power in Web3. Moreover, the computing power demand of AI is almost ♾️. With its powerful computing power integration capabilities, it is no exaggeration to say that IO will surely be unstoppable and advance triumphantly in the DePIN track! !
