BioProtocol (BIO) started trading on Binance at $0.86 but quickly dropped to $0.76. Despite being a Binance Launchpad project, not all listings translate into immediate gains. The most active and liquid pairing for BIO is BIO/USDT. BIO became the leading DeSci token with a market cap of $1.2B and achieved $338M in trading volume on Binance. BIO aims to become a launchpad for legitimate DeSci projects. The DeSci sector has seen a significant increase in market capitalization, with BIO taking up $1.2B of the total $2.4B. The real gains come from mass launches and competition among DeSci features and new tokens. Most tokens in the DeSci sector are illiquid and have not gained reliable trading platforms.
- Content Editor ( cryptopolitan.com )
- 2025-01-03
BioProtocol (BIO) slides in the first hours of trading despite DeSci hype