io.net (IO) Price

io.net (IO) is a cryptocurrency operating on the Solana platform, currently ranked #395 with a price of $0.23898. It has seen a +3.66% change in the last 24 hours, with trading volume reaching $246.08K. Launched in 2024, io.net is designed for AI & Big Data and distributed computing applications. It's part of the DePIN (Decentralized Physical Infrastructure Networks) ecosystem and the Solana ecosystem. The token has a circulating supply of 410.25M IO with a maximum supply cap of 800.00M IO. io.net powers a network that combines AI capabilities with decentralized infrastructure, allowing for efficient distributed computing resources. The token facilitates transactions within its ecosystem while providing governance rights to holders. With a current market capitalization of $97.83M, io.net represents an innovative project at the intersection of blockchain technology and artificial intelligence.

io.net (IO) was created on June 11, 2024. This cryptocurrency operates on the Solana platform and was launched with a total supply of 800.00M IO tokens. Since its inception, io.net has focused on building a decentralized cloud computing network that specializes in AI and distributed computing solutions. The project aims to provide affordable and flexible computing resources through its DePIN (Decentralized Physical Infrastructure Network) architecture. Currently, io.net has 410.25M IO tokens in circulation and ranks #395 by market capitalization.

io.net was founded by Ahmad Shadlid, who serves as the founder and CEO of the project. The leadership team also includes Russ Vetrano, who manages the sales department. The project successfully raised $30 million in Series A funding, with notable investors including Hack VC and Multicoin Capital. Since its launch in 2024, io.net has been developing its ecosystem on the Solana platform, focusing on distributed computing and AI technology solutions.

io.net (IO) operates on the Solana blockchain as a utility token for the io.net ecosystem. It functions as the native cryptocurrency that powers a distributed computing network focused on AI and big data applications. The token facilitates transactions between network participants, including node operators who provide computing resources and users who need computational power. With a current price of $0.23898 and a market cap of $97.83M, IO ranks #395 among cryptocurrencies. The token has a maximum supply of 800.00M IO with 410.25M IO currently in circulation. Users can stake IO tokens to secure the network and earn rewards, creating an incentive structure that aligns participants' interests. The network employs a minimal fee structure for critical operations like staking and rewards distribution, which helps maintain ecosystem sustainability. IO's DePIN (Decentralized Physical Infrastructure Network) model allows it to connect distributed computing resources globally, creating a decentralized alternative to traditional cloud computing services. The token's value is directly tied to network usage and adoption within the growing AI and distributed computing sectors.

io.net operates on a sophisticated technical architecture built on the Solana blockchain platform. The system is designed for high performance and scalability, utilizing Solana's proof-of-stake consensus mechanism and high throughput capabilities. The architecture features: 1. Token Implementation: io.net exists as an SPL token on Solana with the contract address BZLbGTNCSFfoth2GYDtwr7e4imWzpR5jqcUuGEwr646K. 2. Distributed Computing Framework: The network employs a distributed computing model that enables AI and big data processing across nodes. 3. DePIN (Decentralized Physical Infrastructure Network) Integration: io.net incorporates DePIN technology to connect physical computing resources to the blockchain. 4. Staking Mechanism: Token holders can stake IO to secure the network and earn rewards, with a maximum staking limit per node. 5. Fee Structure: The system implements a minimal fee model for transactions and operations, optimized for network sustainability. With a total supply of 800,000,000 tokens and 410.25M IO currently in circulation, the architecture is designed to support the network's growth while maintaining security and efficiency.

io.net (IO) is going up due to its recent 1.83% price increase in the last 24h, growing market adoption in AI and distributed computing sectors, and increased trading volume of $246.08K. The Solana-based token benefits from DePIN ecosystem expansion.

io.net is dropping due to market correction after its initial launch surge. The price decline reflects broader crypto market trends, recent +3.66% movement, and profit-taking after reaching $9.40000. Trading volume at $246.08K shows continued market activity despite the current price of $0.23898.

The current price of io.net (IO) is $0.23898. As the #395 cryptocurrency by market cap, IO has seen a +3.66% change in the last 24 hours with a trading volume of $246.08K.

The highest price io.net (IO) has ever reached was $4.31 on December 12, 2024, marking its all-time high since its launch in June 2024.

The lowest price io.net (IO) has ever reached was $0.12880. This occurred shortly after its launch in June 2024 during a market correction phase.

Currently, 1 IO is worth $0.23898.

io.net is valuable because it powers a decentralized GPU computing network, offering investors exposure to the growing AI and distributed computing sectors. With a market cap of $97.83M and ranking at 395, IO provides transparent mechanisms for users to profit from GPU computing while maintaining a limited supply of 800.00M IO tokens.

Currently, there are 800,000,000 io.net (IO) tokens in total supply, with 162,718,266.42 IO in circulation. The maximum supply is capped at 800,000,000 tokens, making it a finite cryptocurrency with controlled distribution.

io.net was officially launched on June 11, 2024. The token operates on the Solana platform and has been available for trading since its launch date.

Currently, one IO costs $0.23898.

You can buy io.net through centralized or decentralized exchanges(Gate.com). Simply create an account, complete identity verification, deposit funds, and place an order to buy IO at $0.23898. Crypto ATMs also offer direct purchases.

To purchase IO, create an account on a reputable cryptocurrency exchange(Gate.com), complete identity verification, deposit funds using bank transfer or card, navigate to IO trading pair, enter purchase amount, and confirm your transaction. Store your IO in a secure wallet for safekeeping.

Yes, io.net (IO) is a legitimate cryptocurrency operating on the Solana platform. Ranked 395 with a market cap of $97.83M, it has shown stability with +3.66% change in the last 24 hours. The project focuses on AI, distributed computing, and DePIN technologies, making it a credible investment in the Web3 space.