Seychelles, Seychelles, November 20th, 2024,
Chainwire
BYDFi has announced the listing of two
groundbreaking DeSci meme tokens, Rifampicin (RIF) and Urolithin A
(URO), increasing its innovative token offering. Both tokens have
demonstrated remarkable market performance, with RIF reaching an
all-time high of $0.1679.
About RIF and URO
RIF and URO are essential components of the innovative Bio
Ecosystem, launched through the Pump.science platform as part of
Molecule DAO's DeSci project. Notably, Pump.science made its debut
at the Token 2049 and Solana Breakpoint conference, introducing a
revolutionary meme token platform where users can participate in
drug effect predictions and experimental data trading through
pharmaceutical-themed meme tokens.
The project's credibility received a substantial boost with
Binance Labs' investment in BIO Protocol on November 8th, marking
Binance Labs' first venture into the DeSci space. This momentum
continued with CZ's participation in
Binance's DeSci Day in Bangkok, where he joined Vitalik Buterin in
discussing DeSci insights.
BIO Protocol, under the leadership of founder Paul Kohlhaas,
focuses on transforming early-stage scientific research funding and
commercialization through blockchain technology. Their mission
aligns with revolutionizing traditional research funding
constraints and promoting patient-driven global research
initiatives.
Market Performance
The market performance of both tokens has been exceptional. RIF
has experienced a dramatic rise in market capitalization, reaching
$125 million with an impressive 24-hour increase of 3,508%. The
token's trading volume has also been substantial, hitting $181
million during this period. Similarly, URO has shown remarkable
growth, with its market capitalization reaching $45 million,
accompanied by a 1,373% increase in 24 hours and a trading volume
of $89 million. In a notable trading success story, one trader
successfully turned an initial investment of $1,100 into $1.62
million within just 20 days, demonstrating the significant
potential of these tokens.
Trading Details
Trade to share 80,000
RIFSOL prize pool is now live on BYDFi. The platform has
implemented comprehensive technical and security measures to ensure
a smooth trading experience. By carefully curating high-potential
tokens like RIF and URO, BYDFi empowers users to access some of the
most forward-thinking projects in the crypto space.
About BYDFi
BYDFi has been recognized by Forbes as one of
the top ten cryptocurrency exchanges, with its services spanning
over 150 countries and attracting millions of users worldwide. It
has also earned recognition from authoritative platforms like
CoinMarketCap and CoinGecko. The exchange supports trading of
over 600 tokens and offers leverage of up to 200x for
perpetual contracts. Prioritizing user security, BYDFi implements a
0% trading fee policy and collaborates with
institutions such as Banxa, Transak, and Mercuryo to streamline the
cryptocurrency purchasing process.
Contact
Senior Market
Director
Chloe
BYDFi
Fintech
LTD
chloe@bydfi.com