BIO Protocol (BIO) surged nearly 40% today after its official listing on Upbit, South Korea’s largest cryptocurrency exchange by trading volume. The exchange confirmed that BIO trading began at 18:00 KST, available against KRW, BTC, and USDT pairs.
The listing sparked an immediate surge, pushing BIOUSD to $0.11256, a 34.2% increase in 24 hours, with market capitalization climbing to $201.21 million. Trading volume also surged to $294.16 million, signaling renewed investor interest. Analysts note this reflects a broader revival in DeSci tokens, with the sector’s market cap reaching $820 million, up 11.5% in the past day. Other tokens, including VitaDAO (VITA) and Curetopia (CURES), also posted strong gains, showing momentum is returning to decentralized science projects.
Upbit applied temporary restrictions during the first minutes of trading to curb excessive volatility. Observers will be watching BIO’s next movements and the potential follow-on effects for the DeSci ecosystem.
Source: https://upbit.com/service_center/notice?id=5662
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