What exactly is $AIO for?
It’s just to let AI help you trade cryptocurrencies.
Those who understand know it’s basically useless.
If it’s really valuable, it should be kept for personal use,
and not brought out to issue tokens and harvest retail investors.
Regarding data:
The total token supply is 1 billion, with an initial circulation of 17.8%.
The good news is there are no community airdrops,
except for the listing fees, which basically means no selling pressure from airdrops.
The rest is all held by the project party.
They can do whatever they want; they can pump or dump the price.
Regarding institutional costs, there’s less than 3.4 million in financing,
allocated to 14% of the chips, roughly at 0.024.
The institutional FDV valuation is 24 million, and at the current price, it’s valued at around 89 million.
If you ask me, it’s definitely not worth that price, but the chips are too concentrated, so whether to pump or dump is very easy.