Binance has just listed the BIO coin from the Bio Protocol project. This is a major milestone for the token. It surged by +2400% within minutes of trading. The market cap briefly hit $1.1 billion. This is Binance new listing making big waves.
Binance recently listed the BIO token from the Bio Protocol project. The token surged by 2400% within minutes of trading. It briefly reached a market cap of $1.1 billion. This launch has gained a lot of attention and set a new milestone in decentralized science (DeSci).
What is the Bio Protocol Project?
Bio Protocol (BIO) is a new platform for decentralized science (DeSci). It uses blockchain technology to change how scientific research works. The goal is to remove barriers created by traditional institutions and middlemen. This will make research more open, collaborative, and accessible.
Bio Protocol was created by the founders of Molecule and VitaDAO. It offers new tools to create a decentralized funding system for biotech research. The main feature is BioDAOs (Decentralized Autonomous Organizations), which allow the community to fund and govern scientific projects. BioDAOs give patients, scientists, and professionals the power to finance and own the rights to research projects, opening up a new era of collaborative science.
Key Features of Bio Protocol: Binance New Listing
BioDAOs: Decentralized Autonomous Organizations that pool resources for scientific research.
Community Involvement: Stakeholders can vote on which BioDAOs join the ecosystem, receiving benefits such as early token sales and privileged access to research.
Copyright Monetization: The platform supports long-term sustainability by enabling the commercialization of research copyrights.
The initiative has garnered backing from top-tier venture capital firms, including 1kx Network, Fifty Years Venture Capital, Binance Labs, and Northpond Ventures. Bio Protocol represents a transformative approach to funding and conducting scientific research.
BIO Spot Market Listing: A Record-Breaking Start
BIO debuted on Binance as the 63rd project featured in the Launchpool section, gaining immense popularity. Between December 24, 2024, and January 2, 2025, holders of BNB and FDUSD were able to farm BIO tokens at zero cost. During this period, 99.6 million BIO were distributed, valued at approximately $70 million.
On January 3, 2025, BIO was officially listed on Binance’s spot markets, available across four trading pairs: USDT, FDUSD, BNB, and TRY. The token’s initial performance was extraordinary, achieving a +2400% surge within minutes and briefly peaking at $1.47 before stabilizing at $0.75. Trading volumes reached 257 million BIO, underlining the strong market interest.
BIO’s total supply is capped at 3.32 billion coins, with 1.29 billion currently in circulation, giving it a fully diluted valuation (FDV) of $2.48 billion. Apart from Binance, BIO is also available on other platforms like Bitget, OKX, KuCoin, MEXC, HTX, Gate.io, and Uniswap.
Circulating and Total Supply Details: Binance New Listing
Circulating Supply: 1.29 billion BIO
Total Supply: 3.32 billion BIO
Fully Diluted Valuation (FDV): $2.48 billion
A Cautionary Note for Traders: Binance New Listing
BIO’s listing on Binance has been a big success. However, traders should be careful with new tokens. Data from Dune Analytics shows that of 25 tokens listed by Binance in 2024, only 7 made a profit, with returns from 19% to 237%. Many others lost value. This shows the high risk and volatility of new cryptocurrencies.
Binance New Listing: Tokens like BIO often see big price jumps because of FOMO (Fear of Missing Out), but prices can drop in the following days. Investors should do their research and approach new listings carefully to reduce risks.
In conclusion, the Binance New Listing of the BIO token from the Bio Protocol project has been a groundbreaking event in the cryptocurrency space. Achieving a remarkable +2400% surge within minutes of trading, the token’s performance underscores the growing influence of decentralized science (DeSci) initiatives.
However, while this Binance New Listing sets a new milestone with BIO’s strong debut, traders should approach with caution, as volatility often accompanies newly listed tokens. Comprehensive research and strategic investment remain crucial in navigating such opportunities.
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