A Weekend of 2 Thousandfold Targets, DeSci Rekindles On-chain Sentiment
Author: CMed, BlockBeats
On November 8, after Binance Labs announced investment in BIO Protocol igniting the new DeSci concept, the sentiment on-chain seems to have improved, with RIF and URO emerging as leaders in the DeSci concept, both having hundred-fold or thousand-fold wealth effects. Following this, Litecoin's official account 'played along' by claiming it is also a Memecoin under the current market sentiment, leading to the emergence of 'mascot' and other hot topics.
During BTC's weekend sideways trading, on-chain transactions have become the new 'big casino'.
DeSci
DeSci has become a hot topic again since Binance Labs announced investment in BIO Protocol, tokens in the DeSci field such as VITA, GROW, RSC have all surged significantly, and have maintained strong performance even during recent market corrections. The previously less popular BIO Genesis event was immediately filled, and even the pump experiment platform previously launched by the BIO team has been 'revived'. It seems that all the hot money in crypto is running towards DeSci now.