Hey everyone,
Let's chat about Bio Protocol (BIO), the latest project to hit Binance Launchpool. BIO aims to revolutionize the biotech industry by enabling communities of scientists, patients, and investors to collectively fund and develop new drugs through its network of Biotech Decentralized Autonomous Organizations (BioDAOs).
The Launchpool event kicked off on December 24, 2024, allowing users to stake BNB and FDUSD to farm BIO tokens over ten days.
Now, here's where things get a bit tricky. Binance's charts indicate that BIO's launch price was $0.030, with an all-time high of $1.47 and a current price of around $0.7318, suggesting a whopping increase of 2250%. However, according to CoinMarketCap, the launch price was actually $0.66, which paints a different picture.
This discrepancy highlights the importance of doing your own research (DYOR) and not getting swept up in the fear of missing out (FOMO). Always cross-reference information from multiple sources to make informed decisions. Stay cautious out there!