$IO We have to admit that IO Coin, as a member of Binance Launchpad, has achieved significant success. 🏆
However, for me personally, futures trading always carries a certain amount of risk because of the potential for large fluctuations, so-called "pumps and dumps."
We must be wary that this trend may have unpredictable risks like other projects
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In addition, IO’s team token unlocking plan will still be carried out next year, which also brings certain uncertainty to the market.
Nonetheless, from a market value perspective, IO Coin's current market value is approximately 600 million, which has huge growth potential and may quickly climb to a market value of 1 billion.
More importantly, as an AI token with good practicality, IO Coin’s long-term prospects are worth looking forward to.
Judging from the current market analysis, short-term trading of IO coins in the price range of 5.90~6.00 may encounter certain resistance.
Therefore, for conservative traders, I recommend avoiding this coin on the futures market for now.
However, for long-term investors or spot holders, when the price of IO currency falls back to the range of 2.50~3 US dollars, it will be an extremely attractive buying point. I would personally consider buying a lot of it in stock at this price.
Overall, the long-term trend of IO coins is upward, but it may face some volatility in the short term. We need to remain rational and treat market changes with caution in order to make wise investment decisions.
If you want to delve deeper into the currency circle, but can't find a clue, and want to get started quickly, you can check my pin. I hope our encounter will be friendly.
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