$IO ā my laggard pick for the SOL basket. Sitting at 0.1598, down about 2.8% on the day.
The case for it:
š¹ Triple narrative ā Solana ecosystem, DePIN, and AI compute. Three of the biggest stories in crypto, all wrapped in one token.
š¹ Real backers ā Multicoin, Delphi, Solana Ventures. Launched at a $1B FDV**, now trades around **$122M. That's the market pricing in near-total failure.
š¹ Already showing relative strength ā it led Solana peers over the past month, roughly +26%. So it isn't dead. It's just not today's rotation target. Yet.
š¹ Down ~97.4% from ATH ā maximum capitulation. When everyone's already sold, there's nobody left to dump on you.
My zone: accumulating under 0.16 in planned tranches. Above 0.18 I stop adding and let it run.
This isn't a flip. It's a position. š#SIO #BinanceLaunchesBinanceIntelligence
The case for it:
š¹ Triple narrative ā Solana ecosystem, DePIN, and AI compute. Three of the biggest stories in crypto, all wrapped in one token.
š¹ Real backers ā Multicoin, Delphi, Solana Ventures. Launched at a $1B FDV**, now trades around **$122M. That's the market pricing in near-total failure.
š¹ Already showing relative strength ā it led Solana peers over the past month, roughly +26%. So it isn't dead. It's just not today's rotation target. Yet.
š¹ Down ~97.4% from ATH ā maximum capitulation. When everyone's already sold, there's nobody left to dump on you.
My zone: accumulating under 0.16 in planned tranches. Above 0.18 I stop adding and let it run.
This isn't a flip. It's a position. š#SIO #BinanceLaunchesBinanceIntelligence