Everything you need to know about BIO Protocol: Listing price and how to benefit from the staking event 📥
🔹 What is BIO coin?
BIO Coin is the cryptocurrency of the BIO Protocol project, which aims to regulate liquidity in the field of decentralized science (DeSci), contributing to improving transparency and efficiency in scientific research.
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BIO Coin Details:
Total Supply: 500 million BIO will be printed as a total supply.
Initial trading: Only about 10% of the total supply is expected to be listed at launch, to ensure stable supply and demand.
Current Liquidity: Depends on the first staking phase, where liquidity is collected by staking BNB and FDUSD.
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Binance listing date:
Date: January 3, 2025.
Trading pairs:
BIO/USDT
BIO/BNB
BIO/FDUSD
BIO/TRY
⏳ Staking:
Period: December 24, 2024 to January 3, 2025.
Available currencies to store: BNB and FDUSD.
Rewards: The more you stake, the more BIO rewards you can earn.
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Expected listing price:
Expected price at listing:
Based on pre-orders and aggregated liquidity, the listing price is expected to range between $0.5 and $1.5.
Fixed price:
The coin may stabilize shortly after listing between $1 and $3, depending on trading volume and project support.
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Strengths:
1️⃣ Innovative project:
It targets a new and important sector (decentralized science).
2️⃣ Strong support:
Binance offers strong support for the currency via its staking and early listing program.
3️⃣ Guaranteed liquidity:
Through staking and opening trading in multiple pairs.
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Weaknesses:
1️⃣ Price fluctuations:
Being a new currency, it may experience significant fluctuations in the early days.
2️⃣ Competition:
The project faces a challenge in proving its worth among competitors in the DeFi and DeSci space.
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How to store BIO coin after getting it?
1️⃣ Ethereum compatible wallet (ERC-20):
Use wallets like MetaMask or Trust Wallet.
2️⃣ Adding the smart contract to the currency:
The smart contract address for the coin will be announced soon.
3️⃣ Currency transfer:
Send coins to wallet and store them safely.
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💡 Tips for investors:
1️⃣ Participate in the pre-staking program to earn free coins.
2️⃣ Monitor the performance of the currency immediately after listing and take advantage of market fluctuations to make profits.
3️⃣ Invest wisely based on your financial strategy.
Is BIO worth the investment?
If you are looking for a new and promising project in an innovative sector, BIO may be a good opportunity. However, make sure to manage the risks well and analyze the project carefully before making an investment decision.