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Crypto whale points to new DeSci trend with biotech token gains

Author: Content Editor
Whales are entering the new trend of DeSci, which involves tokens derived from biotech research, with one whale making $3.4 million in profits from two tokens linked to biotech developments. This trend has gained attention from figures such as Binance's founder and former CEO, Changpeng 'CZ' Zhao, and Vitalik Buterin, who has shown interest in DeSci projects. However, DeSci lacks replication and accountability, and its appeal lies in the potential for fast price gains. The DeSci sector currently has a market capitalization of $613 million, with low liquidity and potential volatility risks. Despite this, some tokens have recently seen significant growth, similar to meme tokens. DeSci tokens aim to perform like meme tokens, with a focus on research and token price. Pump Science, the token issuer, plans to livestream its experiments and results to attract more investors. The project aims to copy the Pump.fun model but with a limited number of new tokens. The DeSci sector is also capitalizing on the fame of life extension enthusiast Bryan Johnson and aims to accelerate the scientific process through increased liquidity.

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