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⭐⭐⭐Binance Announces 55th Launchpool Project: IO.NET (IO) The 55th Binance Launchpool project is IO.NET (IO), a decentralized AI computing and cloud platform ⭐Key Points The 55th Binance Launchpool project is IO.NET. Staking BNB and FDUSD farms IO Binance announced IO.NET, its 55th Launchpool project, in a formal statement. Decentralized AI computing and cloud platform. The exchange said the website would be ready in 5 hours before Launchpool. Users may stake BNB and FDUSD into different pools to farm IO tokens for four days. Farming begins June 7, 00:00 (UTC). On June 11, 12:00 (UTC), Binance will list IO and trade these pairs: IO/BTC IO/USDT IO/BNB IO/FDUSD IO/TRY The Seed Tag will be applied to IO. The Seed Tag, which replaced the Binance Innovation Zone, is a tag used to classify cryptos that are usually in their initial stages of development and may not yet have a working product or established user base. Tokens with a Seed Tag on Binance might exhibit higher volatility and investment risks when compared to other listed tokens. IO Launchpool details Token Name: IO.NET (IO) Total Token Supply at Genesis: 500,000,000 IO tokensMax Token Supply: 800,000,000 IO tokens Launchpool Token Rewards: 20,000,000 IO (meaning 4% of the total token supply at Genesis) Initial Circulating Supply: 95,000,000 IO (meaning 19% of the total token supply at Genesis)Smart Contract: SolanaStaking Terms: KYC requiredHourly Hard Cap per User: 17,708.33 IO in BNB pool and 3,125 IO in FDUSD pool IO.NET—what is it? IO.NET, the world's biggest decentralized computing network, lets machine learning professionals use scalable distributed clusters for a tenth of the cost of centralized systems, according to their website. A DePIN Decentralized physical infrastructure network with one million GPUs is the team's goal. IO.NET and Aptos recently announced a cooperation to investigate how blockchain might offer a transparent and immutable record of AI-created assets and inventions. The IO.NET generative AI product BC8 was implemented on Aptos. #BinanceLaunchpool #IO #DePIN

Strong Support for Dogecoin: DOGE Ready for a Big Move! Dogecoin is rising beyond $0.160 versus the US Dollar. DOGE is maintaining gains and may climb over $0.1650. DOGE price is rising over $0.160 barrier. The price is above $0.160 and the 100-hour SMA. The hourly DOGE/USD chart shows a bullish trend line with support at $0.160. To gather momentum and rise, the price must settle above $0.1650. Dogecoin Maintains Support Dogecoin, like Bitcoin and Ethereum, has been rising over $0.1500 for many sessions. DOGE bulls broke $0.160 barrier. Before a negative reversal, the price reached $0.1646, its swing high. Dropped below $0.1620 support. Price surged below the 23.6% Fib retracement line of the $0.1571 swing low to $0.1646 high. Above $0.160 and the 100-hourly simple moving average, Dogecoin is trading. The hourly DOGE/USD chart shows a bullish trend line with support at $0.160. The price faces upward resistance at $0.1640. Near $0.1650 is the next big resistance. A closing above $0.1650 might push pricing into $0.1720. More advances might push the price toward $0.1750. Bulls may halt at $0.1800 next. DOGE Downside Correction? DOGE may decrease again if it fails to get over $0.1650. The trend line and $0.160 provide first negative support. The upward rise from the $0.1571 swing low to the $0.1646 high is around the 50% Fib retracement level. Near $0.1580 is the next important support. If the price breaks $0.1580, it might fall further. If so, the price may drop to $0.1520. #elonmusk Tech Indicators Hourly MACD - DOGE/USD MACD is losing bullish momentum. Hourly RSI (Relative Strength Index): DOGE/USD is over 50. Major Support Levels: $0.1620, $0.1600, $0.1580. Major Resistance Levels: $0.1640, $0.1650, $0.1720. #DOGE #altcoins #BTC $DOGE

Can XRP Price Overcome Obstacles? XRP is progressively rising over $0.5200. It has challenges around $0.5320 and may fall. XRP wants to rise over $0.5250. The price is above $0.5220 and the 100-hour SMA. XRP/USD broke below a crucial bullish trend line with support around $0.5260 on the hourly chart. Before the bulls return, the pair may correct below $0.5220. Traction for XRP XRP price sustained over $0.5120 and rose like Bitcoin and Ethereum. Price cleared $0.5200 and $0.5250. Price broke over $0.5300 barrier and challenged $0.5320. After hitting $0.5325, the price is correcting. It fell below the 23.6% Fib retracement of the $0.5080 swing low to $0.5325 high. The hourly XRP/USD chart also broke below a positive trend line with support at $0.5260. The pair is above $0.5220 and the 100-hour SMA. The price faces upward resistance at $0.5200. Around $0.5320 is the initial resistance. Near $0.5350 is the next significant resistance. Price might rise if it closes over $0.5350 barrier. Around $0.550 is the next resistance. A closing above $0.550 might lead to a continuous rise toward $0.5560. More advances might push price toward $0.5650 barrier. If XRP fails to break $0.5350, it may fall. Initial downward support is at $0.5260. The 50% Fib retracement level of the upward rise from the $0.5080 swing low to the $0.5325 high is $0.5200, the next significant support. If the price breaks down and closes below $0.520, it may accelerate downward. The price may fall and retest $0.5120 soon. Tech Indicators Hourly MACD - XRP/USD's bullish MACD is declining. Relative Strength Index hourly XRP/USD RSI is below 50. Major Support Levels: $0.5260, $0.5220. Key Resistance Levels: $0.5300, $0.5320. #BTC #XRP #Ripple $XRP

Are $100K Bitcoins inevitable? Find Out When This Expert Says ‘Yes’ As Bitcoin approaches its previous top, talks about its next major price objectives have resumed. Jan3 CEO and Bitcoin enthusiast Samson Mow is participating. Mow recently said on X (previously Twitter) that Bitcoin will soon reach $100,000, a milestone he regards as a step toward $1 million. He predicted events after March's break of $73,750, the all-time high. Key Factors Driving Bitcoin Price To $100k Target Mow proposes a scenario that might propel Bitcoin to unprecedented heights. First, breaking the previous record would cause a “recursive Bitcoin demand shock,” lifting prices swiftly because to strong demand and little supply. Mow believes this chain reaction might quickly push Bitcoin beyond $100,000. Recent market activity reflects his optimism. Bitcoin has gained 1.7% in the previous 24 hours and about 5% in the past week despite a modest setback from $71,312. Chris Vermeulen, Chief Market Strategist of The Technical Traders.com, agrees with Mow's optimism. In a comprehensive study, Vermeulen noted a cup and handle formation on the chart, indicating strong upward potential. He predicts Bitcoin will hit $80,000–$90,000, maybe $106,000, using Fibonacci extensions. Market Dynamics and Long-Term Outlook Both analysts see present market conditions as a precursor to further gains. Vermeulen's study confirms Mow's projection and adds that Bitcoin may hit $100,000, a psychological threshold that might cause market responses. Beyond this point, consolidation may occur, but the long-term outlook is encouraging. These estimates also depend on the financial environment. BTC and gold are becoming more popular as investors worry about the currency and stock market. This change suggests Bitcoin is now considered as a hedge against economic instability rather than a speculative asset. #btc70k #BTC #BlackRock #BnbAth $BTC

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