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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

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What is BIO Protocol?

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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

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ZEN leads in increase rankings

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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%.

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