A major development for the blockchain and decentralized IoT ecosystem is that the recently listed $AIOT token—backed by the OKZOO project—has seen an explosive price surge of nearly 120% after Binance announced the launch of $AIOT futures contracts on April 25. This dramatic price movement has been drawing attention not just from retail investors but also from the institutional side of the space. Significant figures and just plain smart money seem to be acting on the belief that the $AIOT token will maintain upward momentum. A reported investor spent 1001 BNB—roughly worth $558,000 at the time—to acquire a large position
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