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The Daily Hodl 2025-01-03 23:01:57

Ethereum-Based Decentralized Science Altcoin Leaps to Life in Hours Following Shock Binance Listing

An altcoin on the frontier of where crypto meets science is coming alive following a new Binance listing. According to Binance, the world’s largest crypto exchange by trading volume just expanded trading services for BIO Protocol ( BIO ). “Fellow Binancians, Binance is excited to announce that BIO Protocol (BIO) will be added to Binance Simple Earn, ‘Buy Crypto’, Binance Convert, Binance Margin, Binance Auto-Invest, and Binance Futures…” In the hours following the announcement, BIO flew from $0.6738 to its current going price of $0.8382, a 23.5% increase. BIO is an Ethereum ( ETH )-based ERC-20 token. According to the protocol’s website, BIO Protocol aims to “accelerate biotechnology by giving global communities of patients, scientists and biotech professionals the ability to collectively fund, build and own tokenized biotech projects and intellectual property (IP).” The protocol places itself as a financial layer meant to help catalyze talent and financial inflows to decentralized science. It seeks to aid the formation of “bioDAOs” (decentralized autonomous organizations) that will help fund and self-govern scientific IP internationally from researchers, companies, and universities. One essential element of the protocol is decentralized data sharing, allowing researchers to keep IP and data ownership throughout scientific collaboration. BIO Protocol went live on-chain in concurrence with the Binance announcement. Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Ethereum-Based Decentralized Science Altcoin Leaps to Life in Hours Following Shock Binance Listing appeared first on The Daily Hodl .