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Cryptocurrency News Articles

BYDFi Lists Rifampicin (RIF) and Urolithin A (URO) DeSci Meme Tokens, Expanding Its Innovative Token Offering

Nov 20, 2024 at 08:50 pm

BYDFi has announced the listing of two groundbreaking DeSci meme tokens, Rifampicin (RIF) and Urolithin A (URO), increasing its innovative token offering.

BYDFi Lists Rifampicin (RIF) and Urolithin A (URO) DeSci Meme Tokens, Expanding Its Innovative Token Offering

Cryptocurrency exchange BYDFi has announced the listing of two DeSci meme tokens, Rifampicin (RIF) and Urolithin A (URO), expanding its lineup of innovative tokens. Both tokens have seen remarkable market performance, with RIF reaching an all-time high of $0.1679.

About RIF and URO

RIF and URO are key components of the 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 novel 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 boost with Binance Labs' investment in BIO Protocol on November 8, 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, led by founder Paul Kohlhaas, aims to transform early-stage scientific research funding and commercialization using blockchain technology. Their mission is to revolutionize traditional research funding constraints and foster patient-driven global research initiatives.

Market Performance

Both tokens have experienced exceptional market performance. RIF has seen 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 managed to turn an initial investment of $1,100 into $1.62 million within just 20 days, showcasing the 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 its 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 globally. 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

[email protected]

News source:www.cryptoglobe.com

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