About io.net
io.net is a decentralized GPU network designed to give computing power to ML applications. Their mission is to unlock fair access to computing power by assembling 1 million + GPUs from independent data centers, crypto miners, and crypto projects such as Filecoin or Render. IO Coin is the native Coin of the IOG Network. IO functions as a payment and proof of stake token for the IOG network.
Buy io.net
Trading Insights
Buyer Ratio
Traders
68
-27.66%
Buyers
44
-18.52%
Sellers
25
-39.02%
Searched
166
Market Stats
Market Cap
£93.57M
1.08%
FDV
£366.21M
Circ. Supply
204M IO
Max Supply
800M IO
Total Supply
800M IO
Diluted Valuation
£366.70M
Performance
Popularity
#323
Dominance
0%
Volume (24H)
£15.01M
-35.76%
Volume (7D)
£185.08M
Volume (30D)
£481.90M
All time high
£3.50
Price Change (1Y)
-63.6%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Investment risk
Baseline risk: All crypto-assets are risky, regardless of the type of token you hold. Here are some 'baseline' risks to be aware of before deciding to invest.
Investment risk: The performance of most crypto-assets can be highly volatile, with their value dropping as quickly as it can rise. You should be prepared to lose all the money you invest in crypto-assets.
Lack of protections: Crypto-assets are largely unregulated and neither the Financial Services Compensation Scheme (FSCS) nor the Financial Ombudsman Service (FOS) will protect you in the event something goes wrong with your crypto-asset investments.
Crypto-assets are complex: It may be difficult to understand the risks associated with a crypto-asset investment. Do your own research and if something sounds too good to be true, it probably is.
Don't put all your eggs in one basket: Putting all your money into a single type of investment is risky. Spreading your money across different investments makes you less dependent on any one to do well. A good rule of thumb is not to invest more than 10% of your money in high-risk investments such as crypto-assets.
Defi tokens: Decentralised Finance (or 'DeFi') tokens (e.g. UNI, AAVE) are crypto-assets linked to financial applications and protocols built on decentralised blockchain technology.
Smart contract risk: DeFi relies heavily on smart contracts. Even a minor coding error or oversight can lead to a contract being exploited, potentially resulting in significant losses for DeFi tokens.
Regulatory risk: DeFi operates in a decentralized manner, often without intermediaries or financial crime controls. Regulatory bodies across jurisdictions might introduce new regulations impacting the use, value, or legality of certain DeFi protocols or assets. For example, the Perpetual Protocol (PERP) and Quickstop (QUICK) protocols may be accessible in jurisdictions where some or all the available activity may need to be regulated now or in the future. If a regulator deemed the activity to be in breach of regulation, this could seriously impact token value.
Rug-pulls / Exit scams: Some DeFi projects might be launched by anonymous or pseudonymous teams, increasing the risk of "rug pulls" where developers abandon the project and withdraw funds, leaving investors with worthless tokens.
Data/oracle risk: DeFi protocols often rely on external data sources or 'oracles'. Manipulation or inaccuracies in these data sources can lead to unintended financial outcomes within the protocols.
Protocol complexity: The complexity of some DeFi protocols can make it difficult for average users to fully understand the mechanisms and associated risks.
Additional details
Recent trends
The price of io.net has decreased by 0.89% in the last hour and increased by 0.57% in the past 24 hours. io.net’s price has also fallen by 4.57% in the past week. The current price is £0.46 per IO with a 24-hour trading volume of £15.01M. Currently, io.net is valued at 86.96% below its all time high of £3.50. This all-time high was the highest price paid for io.net since its launch.
The current circulating supply of io.net is 204,409,524.314 IO which means that io.net has as total market cap of £93,571,329.60.
Market details
IO vs markets
↘ 80.59%
IO vs BTC
↘ 80.08%
IO vs ETH
↘ 78.77%
Tags
ai-big-data
distributed-computing
binance-launchpool
depin
+2
Network & Addresses
Network | Address | |
|---|---|---|
Solana | BZLbGTNCSFfoth2GYDtwr7e4imWzpR5jqcUuGEwr646K |
Price history
Time | Price | Change |
|---|---|---|
Today | £0.46 | ↗ 0.57% |
1 Day | £0.45 | ↗ 0.57% |
1 Week | £0.48 | ↘ 4.57% |
1 Month | £0.47 | ↘ 3.45% |
1 Year | £1.27 | ↘ 63.60% |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
io.net is a decentralized GPU network designed to give computing power to ML applications. Their mission is to unlock fair access to computing power by assembling 1 million + GPUs from independent data centers, crypto miners, and crypto projects such as Filecoin or Render. IO Coin is the native Coin of the IOG Network. IO functions as a payment and proof of stake token for the IOG network.
IO is the native utility and governance token of IO.NET, a decentralized network designed to optimize data storage, management, and sharing across distributed systems. The protocol provides a platform for efficient and scalable data interactions, facilitating use cases in fields requiring extensive and decentralized data handling.
IO operates as the core token within the IO.NET ecosystem, supporting transactions and governance. Token holders can use IO to vote on protocol updates and decisions, influencing the network’s direction. Additionally, IO tokens are staked by participants to support data operations, incentivizing contributions to network stability and scalability while allowing users to earn rewards.
IO facilitates staking, where users contribute to network operations and receive rewards in return. IO’s role in transactions and data operations supports a wide range of applications, particularly those that require scalable data solutions.
IO.NET was created to address the challenges of decentralized data management by offering a protocol focused on efficient data storage and accessibility. The introduction of the IO token established a decentralized governance model and incentivized participation from network contributors. As IO.NET evolves, it continues to emphasize decentralized data solutions that can support a variety of applications and industries.
We update our io.net to GBP currency in real-time. Get the live price of io.net on Coinbase.
The current market cap of io.net is £93.57M. A high market cap implies that the asset is highly valued by the market.
The all-time high of io.net is £3.50. This all-time high is highest price paid for io.net since it was launched.
Over the last 24 hours, the trading volume of io.net is £15.01M.
Assets that have a similar market cap to io.net include Kadena, HashKey Platform Token, Loopring, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of io.net is 204 million.
io.net ranks 256 among tradable assets on Coinbase. Popularity is currently based on relative market cap.
Yes, io.net is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy io.net guide.
Social stats
Popularity in posts
#311
Contributors
532
Posts
1,047
% About io.net
0.075%
Hold times
0 days
X (Twitter)
59.27% bullish
Sentiment
4.3 ★
Highlights
532 unique individuals are talking about io.net and it is ranked #311 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, io.net has an average sentiment score of 86 out of 5. Finally, io.net is becoming less newsworthy, with 0 news articles published about io.net.
On Twitter, people are mostly bullish about io.net. There were 66.9% of tweets with bullish sentiment compared to 12.88% of tweets with a bearish sentiment about io.net. 33.1% of tweets were neutral about io.net. These sentiments are based on 1028 tweets.
On Reddit, io.net was mentioned in 0 Reddit posts and there were 0 comments about io.net. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Legal
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.