$IO AI Token Explodes with $2B Volume – New AI Coin Steals the Show

The token powering decentralized GPU network IO.net ($IO) has positively exploded overnight, growing 28% as 24-hour trade volume hit a staggering $1.84 billion.

Not bad going for a token with a market cap of just over $400 million, making it the 169th biggest cryptocurrency at the time of writing.

The news is driven by yesterday’s Binance listing , which greatly boosted the token’s liquidity on the open market. Indeed, centralized crypto exchange Binance needs no introduction, being the world’s largest exchange with a 49% share of the market as of March this year.

However, IO.net does need an introduction. It touts itself as a blockchain-based answer to the problem of GPU distribution.

Since there is simultaneously both a global shortage of compute and a ton of spare compute, IO.net gathers underutilized computing power from independent data centers, crypto miners and consumer GPUs.

This increases the amount of available computing power for those building with machine learning and AI, two very GPU-intensive applications.

The protocol launched in November last year. Its native $IO token is used within the ecosystem to pay for services, transact and pay fees.

IO Token Trading Performance

Over on the trading chart, we can see a huge vertical increase in price as the $IO token hit Binance. Since then it has traded stably around the $4 mark although there are evident signs of growing demand.

The $IO token was posting steady green candles by the late morning UTC, as it rose to $4.85 at the time of writing.

Source: TradingView

With a relative strength index (RSI) of 75, it is now a little overbought. This is likely to come down as traders sell to do a spot of profit taking, bringing the asset’s strength back into the healthy 30-70 RSI range.

AI Fans Can Diversify IO.net ($IO) Token Holdings With WienerAI, A Viral New AI-Integrated Money-Spinner

AI is one of the hottest areas in tech right now, with governments across the world racing to develop and regulate it across a wide range of applications.

That said, IO.net’s promise of added GPU will be a boon to developers, making it an excellent token for any AI-loving investors.

But beyond infrastructure, crypto and AI are dovetailing in new and brilliant ways. Enter AI-integrated meme coins. They combine blockchain tech, AI and viral marketing–three of the biggest money-spinners in Web3.

Accordingly, a new generation of coins like ScottytheAI and WienerAI are doing what no other meme coin projects are doing right now: integrating artificial intelligence to make their holders’ lives easier.

On the surface, WienerAI looks like another dog-themed meme coin, but it’s much more than that.

It’s a next-generation crypto project that utilizes viral marketing strategies in order to bring crypto fans a high-value proposition: the most advanced beginner-friendly AI trading bot in crypto.

The presale is in its second month and it has already taken a tidy $5.5 million in investments.

Touted as a “Revolutionary AI Trading partner”, WienerAI ($WAI) is a digital companion that gives its owners user-friendly AI-enhanced trading advice, seamless swap functionality and zero fees.

Moreover, Blockchain security platform Coinsult audited WienerAI’s smart contract .

Around 20% of $WAI’s supply is for staking.

WienerAI’s website offers buyers the ability to stake during the presale, in order to take advantage of the lucrative yield, which is currently 204% APY .

Keep on top of WienerAI news over on X and Telegram .

Join the presale now over on the WienerAI website

Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.