BIO Surges 58% After Upbit Listing as DeSci Tokens Stage Major Comeback

BIO Protocol's native token, BIO, experienced a significant rally, surging over 58% after South Korea's largest crypto exchange, Upbit, announced its listing. Trading commenced with pairs against KRW, BTC, and USDT, though Upbit implemented temporary restrictions, like delayed buy orders and limit-only trading, to manage volatility. The token peaked at $0.136 before settling around $0.111, marking a 30% gain, while its daily trading volume spiked by 532% to over $134 million. This surge was part of a broader revival in the Decentralized Science (DeSci) sector, which saw its total market cap climb 11.5% to $820 million. DeSci tokens, including VITA and CURES, posted double-digit gains, outperforming other crypto categories like meme coins and NFTs, leading observers to note that the Upbit listing for BIO single-handedly propelled the entire DeSci category forward.

(Source：BeInCrypto)