The opening market price of the coin #BIO开盘 is about 0.7 yuan.
Let's review the valuation of Bio.
It is known that each bio is worth 0.7 US dollars, the airdrop volume is 100 million, and the participating airdrop funds are 14.4 billion, totaling 10 days, so the annualized return of Binance users is just about 20%!
This return is exactly the return of Binance's previous airdrops.
In other words, for users, Binance has already calculated it for you. It will not give you meat or vegetables, but some broth. The annualized return of 20% is just this delicious broth.
Bio rushed to 1.47 US dollars at the opening, and then cut in half. You should know that Binance users hold 100 million bios, and the cost price is 0.7 US dollars. However, there are as many as 1.2 billion bios with a cost far lower than this price. This is the biggest resistance to the rise of bio.
Some people bought it at 0.88 yuan on a third-party platform. In fact, there is no need to panic. Hold it patiently. If you hang the price at 1 US dollar, you will get out of the trap sooner or later.
Because from the perspective of game theory, Bio is currently the only venture capital investment of Binance, and it is the only child of Binance. The platform will always let users make a little money.
If users can't make money, then this project will also be abandoned, and the subsequent development of the DeSci track will also be out of the question.