$BIO first day of launch was a failure.
Right after the launch nothing was pumping like what happen usually for a new crypto.
second day, huge selling pressure driving bio to drop under 0.7
3 scenario possible:
1 - tomorrow it goes back up so the week chart (launch) doesn’t relook too bad
2 - tomorrow not moving an inch and is completely dead. So next week candle will be a full and big one.
3 - another big dip, which make the launch week candle absolutely ugly and losing trust.
I see scenario 1 happening. As we never have had such a loser launch.
I am NOT saying you should buy it. DYOR
That’s how I see thing