io.net

AI Crypto

April

Coin

<p>The io.net price is up 51% in the past 24 hours to trade for $5.8655 as of 00:05 a.m. EST on trading volume that surged 61%.</p>
<p>It comes amid strong bullish sentiment in the market for IO, with some saying it is one of the most promising and well-resourced projects.</p>
<p>IO advertises as a cost-effective and reliable decentralized GPU computing platform. It offers a decentralized computing network, providing affordable access to high-end GPUs for mid-sized companies and startups.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">.<a href="https://twitter.com/ionet?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@ionet</a>: Cost-Effective and Reliable Decentralized GPU Computing Platform</p>
 <p>🔹 <a href="https://twitter.com/search?q=%24IO&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$IO</a> offers a decentralized computing network, providing affordable access to high-end GPUs for mid-sized companies and startups.<br>🔸Listing occurs on the 11/06, 12:00 PM UTC on <a href="https://twitter.com/binance?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@binance</a>, <a href="https://twitter.com/kucoincom?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@kucoincom</a> etc. <a href="https://t.co/46JUsDmfHM" rel="noopener noreferrer nofollow">pic.twitter.com/46JUsDmfHM</a></p>
 <p>— House of Chimera (@HouseofChimera) <a href="https://twitter.com/HouseofChimera/status/1800163405367771583?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">June 10, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>Smart money on-chain tool Lookonchain observes that a trader spent 3,120 SOL, worth around $484,000 at current rates to buy 85,326 IO tokens. The average purchase price was $5.67 and came ahead of the pump.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">The price of <a href="https://twitter.com/search?q=%24IO&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$IO</a> has surged by nearly 70% today!</p>
 <p>A trader spent 3,120 <a href="https://twitter.com/search?q=%24SOL&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$SOL</a>($484K) to buy 85,326 <a href="https://twitter.com/search?q=%24IO&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$IO</a> at $5.67 during the rise.<a href="https://t.co/4H1nokrXmI" rel="noopener noreferrer nofollow">https://t.co/4H1nokrXmI</a> <a href="https://t.co/54ZYvb9qUf" rel="noopener noreferrer nofollow">pic.twitter.com/54ZYvb9qUf</a></p>
 <p>— Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1801080182687797494?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">June 13, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>Traders disregarded FUD spread by one Martin Shkreli that said the project was fraudulent.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">i think @_d3f4ault is going to jail, is that enough respect? <a href="https://twitter.com/shadid_io?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@shadid_io</a> is probably going too.</p>
 <p>tory, i'd be careful! <a href="https://t.co/YGXl7ow3mj" rel="noopener noreferrer nofollow">https://t.co/YGXl7ow3mj</a></p>
 <p>— Martin Shkreli (e/acc) (@MartinShkreli) <a href="https://twitter.com/MartinShkreli/status/1801032551911350325?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">June 12, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<h2 id="io-net-price-prediction">io.net Price Prediction</h2>
<p>The io.net price is trading with a bullish bias, consolidating within an ascending parallel channel. This is a highly bullish technical formation, committing the altcoin to more gains. This is as long as it remains within its confines.</p>
<p>Based on the outlook of the technical indicators, the IO bulls might just be able to sustain the uptrend. However, it is contingent on profit booking not setting in immediately. For starters, the Relative Strength Index (RSI) is holding comfortably above the mean level of 50. The Moving Average Convergence Divergence (MACD) is also in positive territory. These suggest that bullish sentiment abounds in the IO market.</p>
<p>If buyer momentum increases and the io.net price moves above the centerline of the channel, it would encourage more buy orders. This would set the pace for an extended move north. With this, the io.net price could reclaim the peak of the market range at $6.3323. In a highly bullish case, the gains could extrapolate to the next target objective of the Fibonacci indicator at $7.0746. Effectively, this would mean clearing the June 13 high of $6.7926.</p>
<p><a href="https://insidebitcoins.com/wp-content/uploads/2024/06/IO.png" rel="noopener noreferrer nofollow"><img decoding="async" class="aligncenter wp-image-535570 size-full" src="https://insidebitcoins.com/wp-content/uploads/2024/06/IO.png" alt="IO" width="1366" height="766" srcset="https://insidebitcoins.com/wp-content/uploads/2024/06/IO.png 1366w, https://insidebitcoins.com/wp-content/uploads/2024/06/IO-300x168.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/06/IO-1024x574.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/06/IO-768x431.png 768w" sizes="(max-width: 1366px) 100vw, 1366px"></a></p>
<p><a href="https://www.geckoterminal.com/solana/pools/4A1DcojxWUnWct996oexCt3WqgSd4Y9J7JnJuC9nowS4" target="_blank" rel="noopener noreferrer nofollow">GeckoTerminal: IO/USD 1-hour chart</a></p>
<h4>Converse Case</h4>
<p>On the other hand, considering the position of the MACD below the orange band of the signal line, reinforced by the position of the MACD histograms, the bears could recover the market. This could see the $5.7483 support level break.</p>
<p>Enhanced seller momentum could see the io.net price fall out of the ascending parallel channel. For the bullish thesis to be invalidated, however, the IO price must record a candlestick close below the 50% Fibonacci placeholder of $4.9678 in the one-hour timeframe.</p>
<p>Elsewhere, one of the latest entrants in the meme coin space, WienerAI, is grabbing much interest as this dog-themed AI meme coin charges towards $6 million in funds raised in its presale.</p>
<p>In a recent video, Cilinix Crypto, with 63.5K subscribers, explains why he bought WAI tokens.</p>
<p><iframe title="WHY I BOUGHT THIS PRESALE!🚨 (WienerAI Presale Review)" width="640" height="360" src="https://www.youtube.com/embed/3sdWklIhECQ?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe></p>
<h2 id="promising-alternative-to-io-net">Promising Alternative To io.net</h2>
<p>WAI is the ticker for the <a href="https://insidebitcoins.com/visit/wienerai" target="_blank" rel="noopener noreferrer nofollow">WienerAI</a> project, which has just blasted past $5.6 million in funds raised after adding $2 million in sales in less than two weeks.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">Witness the royal presence of WienerAI 👑🌭</p>
 <p>The launch is near!!<a href="https://t.co/g0LrikQz90" rel="noopener noreferrer nofollow">https://t.co/g0LrikQz90</a> <a href="https://t.co/f9AreL5Xod" rel="noopener noreferrer nofollow">pic.twitter.com/f9AreL5Xod</a></p>
 <p>— WienerAI (@WienerDogAI) <a href="https://twitter.com/WienerDogAI/status/1799259930630959202?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">June 8, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>WienerAI operates as an ERC-20 token on the Ethereum blockchain, offering users seamless compatibility with a wide range of decentralized applications and exchanges.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">Don't keep your dog on a leash.</p>
 <p>LET IT FLY 🚀 <a href="https://t.co/ofLP1CxPxT" rel="noopener noreferrer nofollow">pic.twitter.com/ofLP1CxPxT</a></p>
 <p>— WienerAI (@WienerDogAI) <a href="https://twitter.com/WienerDogAI/status/1784578471412600859?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">April 28, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>To improve its utility, the WienerAI project is integrating trading bot capabilities on its platform. This function will deliver user-friendly, AI-enhanced trading, seamless swap functionality, and zero fees.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">More than just a bot–WienerAI is your ultimate crypto trading companion.</p>
 <p>We're delighted to share some sneak peeks with our incredible and supportive community. (1/4) <a href="https://t.co/kR8ypeJycj" rel="noopener noreferrer nofollow">pic.twitter.com/kR8ypeJycj</a></p>
 <p>— WienerAI (@WienerDogAI) <a href="https://twitter.com/WienerDogAI/status/1800560901088809124?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">June 11, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>WAI token holders can also stake their holdings for lucrative rewards, with Annual Percentage Yields (APY) as high as 200%. Over 5.1 billion WAI tokens have already been staked.</p>
<p>The token is currently selling for $0.000718, but this will only last for just over two more days before a price hike.</p>
<p><a href="https://insidebitcoins.com/visit/wienerai" target="_blank" rel="noopener noreferrer nofollow">Buy WAI tokens on the official website here</a>.</p>
<h3 id="also-read">Also Read:</h3>
<ul>
 <li><a href="https://insidebitcoins.com/news/wienerai-brings-novel-twist-to-crowded-meme-coin-sector-with-hotdog-canine-ai-hybrid" rel="noopener noreferrer nofollow">WienerAI Brings Novel Twist to Crowded Meme Coin Sector With Hotdog-Canine-AI Hybrid</a></li>
 <li><a href="https://insidebitcoins.com/news/ai-meme-coin-wienerai-laps-up-350000-in-new-ico" rel="noopener noreferrer nofollow">AI Meme Coin WienerAI Laps Up $350,000 In New ICO</a></li>
 <li><a href="https://insidebitcoins.com/buy-cryptocurrency/wienerai-price-prediction" rel="noopener noreferrer nofollow">WienerAI Price Prediction – $WAI Price Potential in 2024 and Beyond</a></li>
 <li><a href="https://insidebitcoins.com/buy-cryptocurrency/how-to-buy-wienerai" rel="noopener noreferrer nofollow">How to Buy WienerAI – $WAI Presale Review</a></li>
 <li><a href="https://www.linkedin.com/pulse/best-ai-crypto-coin-projects-top-picks-2023-juliana-clarisse-calsona-d67oe" rel="noopener noreferrer nofollow">Best AI Crypto Coin Projects: Top Picks for 2023</a></li>
</ul>

io.net Price Prediction: IO Goes Ballistic With A 51% Surge As This AI Meme Coin Charges Towards $6 Million

Table of Contents

Inside Bitcoins

Other articles published on Jun 13, 2024

Bitcoin whales scoop $1.4B in 24 hours this week amid market correction

This crypto analyst says Cardano (ADA) to hit $2 soon

Analyzing The Performance Of Top Cryptos In Todays Market; Buy, Sell, or HODL

Here’s Why Curve DAO (CRV) Price Plunged

Bitcoin Roadmap: Analysts Predict Major Upside Rally Post-Consolidation

Analyst Predicts Bitcoin’s Potential Surge

Join our free newsletter for daily crypto updates!