Binance Lists New Altcoin Project: Price Makes 93x Debut!

The world’s largest cryptocurrency exchange, Binance, has listed its new Launchpool project.

Binance listed IO.NET, a decentralized artificial intelligence computing platform, as its 55th Launchpool project at 15:00 TSİ on June 11, 2024, with IO/BTC, IO/USDT, IO/BNB, IO/FDUSD, and IO/TRY trading pairs with a “seed label”.

According to data from Binance, the altcoin, which was launched at the level of $0.06, made its debut with a %9,700 increase to the level of $5.88. Later, IO, which pulled back a little, is trading at $3.92 at the time of writing.

Users had to stake BNB or FDUSD to earn IO.Binance, IO.NET, Launchpool, altcoin, cryptocurrency, trading, price, debut, increas

However, the exact price at which it was launched is not yet known, as IO did not have a pre-sale. IO is currently listed on exchanges such as Gate.io, HTX, and Bitget in addition to Binance.

Binance distributed 20 million of the 800 million total supply of IO as rewards on Launchpool.