💟 Market Health (October-18) Money flow is continuing to push into Bitcoin to help it rise back to the top of $65000 so the money push into Altcoins will be quite slow, but the buying power of Altcoins is still very interesting because it is still pushed in even when Altcoins are falling. This shows that the accumulation of Altcoins at the moment is taking place and Altcoins can completely increase in the near future.
💟 Market Health (October-17) The buying power has decreased because the cash flow at the end of the week is usually very weak, so we may have a slight correction, this does not affect the uptrend of Altcoins.
💟 Market Health (October-16) The buying force is continuously pouring into Altcoins these days and they are having a big chance to increase sharply in the near future so let's keep accumulating Altcoins.
💟 Market Health (October-15) After a wave of good news about the DeFi, NFT and Fan token markets, buying power has returned to the market now. The current money is flowing strongly into the platform coins and this will help the market to stand stable in the near term. Let's keep accumulating coins and waiting for their pump
IOST is increasing strongly with good volume, this will help IOST increase to the areas of $0.026 and $0.036 in July. However, if IOST loses the area of $0.018, it will be very dangerous because it will fall sharply to back to 0.014$ . zone
📈RED PLAN 🔴Buy : 0.0195-0.0205$
🔴Buy : 0.0176-0.0184$. SL if B
📉BLUE PLAN 🔴Sell : 0.0255-0.0265$. SL if A
🔴Sell : 0.036-0.038$. SL if A
🟣PURPLE PLAN 🔵Sell : 0.0176-0.0184$ if B. SL if A
🔵Buy : 0.0137-0.0143$ if A. SL if B
❓Details 🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY & SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
IOST is a decentralized blockchain network based on the “Proof of Believability” ("PoB") consensus algorithm. The project’s mission is to build the "architecture for online services that meets the security and scalability needs of a decentralized economy".
IOST raised $35.0MM (~ 35,000 ETH) via a private token sale in December 2017 and its mainnet was launched in February 2019. Since then, multiple decentralized applications have been built on the IOS network.
Some of its key features include: Efficient Distributed Sharding (EDS i.e., a sharding scheme), TransEpoch (a way to secure validators-to-shards assignment during epoch transitions while maintaining transaction operability), Atomix (a two-step inter-shard protocol to verify the atomicity of transactions in Byzantine protocols), the Proof-of-Believability (PoB) algorithm (a Byzantine consensus protocol), and Micro State Block (MSB) (a mechanism to minimize the storage and bootstrapping costs for validators).
In the IOS system, IOST tokens serve as the medium of exchange for all transactions and commission fees.