Yesterday at 6 pm, BIO was simultaneously listed on Binance, Oui, Zhima Kaimen, and Huobi. The news of the simultaneous launch instantly boosted the popularity of BIO, and I believe many friends have rushed to buy it. The lowest price on the launch was 0.03, the highest was 1.477, and it is currently fluctuating around 0.74 US dollars. It is obvious that the launch of BIO does not have a strong explosive power, so what is the trend and prospect of BIO in the future?
1. Introduction to BIO The BIO Protocol is the financial layer of DeSci, designed to accelerate the flow of capital and talent into on-chain science. Create shared intellectual property ownership among members. BIO DAO can raise funds using the BIO Protocol's auction contract and use the funds directly for research programs, IP assets, and other biotechnology organizations.
2. What is the prospect of BIO?
BIO is a project in the DeSci financial sector. As a management and liquidity protocol in the DeSci field, BIO Protocol is committed to accelerating the development of biotechnology, allowing patients, scientists and biotechnology professionals around the world to jointly fund, build and own tokenized biotechnology projects and IP. It can be simply understood as providing a financing channel for scientists in the biological and medical sectors. This track is relatively unpopular, and I think from this point of view, the development prospects are not very broad.
At present, BIO cannot be analyzed from the K-line according to the trend of the pattern, but according to the new listings in this round of bull market, many new coins rose in the first 1-2 days after listing, and then fell into a slump. Like the popular new coins such as PNUT, ME, ACT, BAN, etc., I believe many friends are stuck halfway up the mountain. The project parties are all in the mode of cutting slowly with a knife!
Currently, the trend of BIO is fluctuating downward. Friends who want to enter the market must be cautious. It is normal for new coins to emerge in the bull market. After all, this is the hottest period in the cryptocurrency circle in the past four years. Projects all want to take advantage of this wave of heat to go online, either to gain a foothold in the cryptocurrency circle or to reap a wave.
Therefore, it is still recommended that you pay more attention to mainstream coins and popular altcoins, try to avoid the sickle of funds, and become a bag holder!
Now is the second stage of the bull market. After a slight correction, the market will usher in the second wave of surge. Popular currencies such as DOGE, ETH, LTC, PEPE, etc. have good entry points. In this bull market, we will guide you to continuously plan medium- and long-term and swing operations. This is our record:
If you are still losing money or selling at a loss in this bull market, please follow us and we will help you through the bull and bear markets! I am Lei Ge, and I have been focusing on the cryptocurrency market for seven years. I have conducted in-depth research on primary projects and secondary markets. I have learned more about high-quality primary project information and secondary buying and selling point recommendations. I will only protect your investment in the cryptocurrency market!