Binance, the world's largest cryptocurrency exchange, announced yesterday evening (23rd) that it will launch the 63rd new coin mining project BIO Protocol (BIO) on its Launchpool. As a result, several DeSci related tokens experienced short-term increases.
Detailed information on BIO mining pool
What is BIO Protocol?
DeSci related tokens all surged
Due to the listing of BIO Protocol on Binance Launchpool, several tokens in the DeSci field also experienced significant short-term increases, such as three meme coins on the Solana public chain:
RIF: Short-term increase of 15.4%, reported at $0.05178
URO: Short-term increase of 14.8%, reported at $0.0456
DRUGS: Soared by 153.9%, reported at $0.03841
ZEN leads in increase rankings
BNB breaks $690
Additionally, Binance's platform token BNB also saw an increase after the announcement, and continued to rise following an earlier Bitcoin rebound, reported at $691, with a 24-hour increase of 7.2%.