IO Gains Over 17% in 24 Hours, Top Trader Eugene Ng Ah Sio Posts Signs of IO Rally Beginning to Appear

Bitget data shows that IO has moved higher in a short period of time, rising as high as $1.99 and is now at $1.865, up 17.2% in 24 hours. According to market sources, this comes after top trader Eugene Ng Ah Sio said in a social media post that IO - signs of a rebound are starting to show:
- The chart bottomed out (bottomed at $1.4) after sellers finished dumping tokens;
- NVIDIA is about to announce earnings + recovery charts;
- Supply shock triggered by up to $17 million in possible validator buying pressure from recent governance proposals.