BYDFi Lists Bio-Ecosystem Tokens RIF and URO, Pioneering DeSci Meme Tokens Hit New Heights

[PRESS RELEASE – Seychelles, Seychelles, November 20th, 2024]

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.