Brother Bai Takes Me Flying

#bio# will be officially listed on Binance trading at 6 o'clock tonight. This coin is currently destined to be in a state of crazy high valuation.

1. Comparison of airdrop funds and valuation
There is a significant gap between Bio’s airdrop volume and market valuation. Based on the air investment capital of US$1.4 billion and the amount of Bio airdrop of 100 million, if calculated based on the annualized rate of return, the return rate of the airdrop is 1%, which is a profit of US$140 million. This calculation assumes that the market pushes Bio’s value to $1.4, which means Bio’s valuation reaches $1.82 billion ($1.4 * 1.3 billion in circulation). But this is obviously a very high valuation, especially compared with similar projects (such as Usual stablecoin, with a current market value of US$470 million), which seems unreasonable.