IO Coin Analysis (io.net)
1. Current Price: Ranges between $0.65 and $0.66.
2. Market Capitalization: Approximately $100 million.
3. Daily Trading Volume: Between $41 and $52 million in the last 24 hours.
4. All-Time High (ATH): $6.43 on June 12, 2024.
5. All-Time Low (ATL): $0.51379 on April 9, 2025.
6. Weekly Change: Increase of 9.4%.
7. Monthly Change: Decrease of 18.9%.
8. Volatility Ratio: High (around 17%), indicating significant price fluctuations.
Uses of IO Coin:
Payment for computing services.
Deployment of GPU clusters.
Staking for rewards.
Voting on governance decisions in the network.
Project Overview: Io.net aims to provide a decentralized computing network based on unused GPU units. It primarily targets AI and machine learning developers.
Important Notes:
The currency is highly volatile and carries high risks.
Only 19% of the total supply (800 million) is currently available.
This is not investment advice; do your own research.
The success of the project depends on the market's adoption of decentralized computing solutions.