io.net at Binance listing: 18x the GPUs of Render at a similar FDV
Post47 words
Bullish call$IO−96%since listing, moved against the callHow it played out ↓Compares io.net's GPU supply to Render at launch: 18x as many GPUs while RNDR sits at a $4.4B FDV versus a $3.5B pre-market FDV for IO. Frames IO as a decentralized AI compute play.
Key claims
IO pre-market FDV was $3.5B
io.net has 18x the GPUs of Render
RNDR FDV is $4.4B
$IO is live on @Binance
Let's see where the FDV goes from here (was $3.5B FDV pre-market).
Decentralized GPU network to serve AI-grade compute to a hyper-growth market.
@ionet has 18x times the GPUs of @rendernetwork, while $RNDR sits at $4.4B FDV.
Do the math anon. t.co/h9BYZ6WWuj
2 images on X
How the call played out · since 11 Jun 2024
Prices as of 23 Oct 2026This piece takes a view on $IO, so that move is read against the call. Other assets it covers are shown as context, not as calls.
Bullish on IO at listing, with 18x the GPUs of Render while RNDR trades at a higher FDV.
−96%
Moved against the call · since it listed on 12 Jun 2024, 1 day after this piece
- At listing
- $4.17
- Now
- $0.159
- vs BTC
- −97%
- After 1 month
- −41%
- After 3 months
- −60%
- After 1 year
- −81%
- High since
- +36% 13 Jun 2024
- Low since
- −98% 06 Apr 2026
Show market context for 1 other asset
Mentioned for context
Since then
Zero has written 39 more pieces on io.net and $IO since this one.
- io.net IDE tokenomics: #1 revenue DePIN at 5.3x MC/ARRBullish call on $IO
- DeAI as crypto's endgame: compute, agents and autonomous economiesOn io.net
- Why decentralized compute solves the startup GPU cost squeezeOn io.net
- Big compute is cracking: summary of the DeAI case against centralized cloudOn io.net
Daily closes in USD from DefiLlama and Yahoo Finance. Only a bullish or bearish call in a thesis or market take is tracked; explainers, lists, maps and mentions are neutral context. Not financial advice.