On November 8, Binance Labs announced an investment in BIO Protocol, which led to the rise of the DeSci concept. BIO Protocol’s tokens VITA, GROW, and RSC experienced significant gains. The previously unpopular BIO Genesis event was filled to capacity, and the pump small-scale experimental platform was resurrected.
DeSci tokens are gaining popularity in the crypto market, with many hot-money investments flowing into the DeSci sector. RIF and URO, known as the leaders of DeSci, experienced hundredfold and thousandfold wealth effects. Litecoin, a veteran coin, joined the meme coin trend after being recognized as a meme coin by the Litecoin Twitter account.
The meme coin concept has gained attention, with popular memes like Shoggoth, AI Meme, and Bitcat gaining momentum in the crypto market. MemesAI, backed by renowned figures like Marc Andreessen and Andy Ayrey, is considered a token that can compete with the GOAT. The DeSci movement and meme coins are gaining popularity in the crypto world, showcasing the power of community and creativity in the industry.
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<p>The post Binance Labs Invests in BIO Protocol, Igniting DeSci Concept and Boosting DeSci Tokens first appeared on CoinBuzzFeed.</p>
