[Hot Spotlight] In the past week, DeSci (decentralized science) has once again become the focus of heated discussion in the cryptocurrency circle. Since Binance Labs announced its investment in BIO Protocol, DeSci-related tokens such as VITA, GROW, and RSC have soared, and they have maintained strong momentum even in the market correction. The popularity of the BIO Genesis event has also quickly heated up, and even the Pump small experimental platform previously launched by the BIO team has been "reborn." Today, the DeSci field seems to have become a gathering place for hot crypto money.
Figure 1
[Resurrection of the Pump Experiment]
As the meme market continues to be hot, the meme coins RIF and URO in the DeSci field have increased dramatically by 20 times in just two days. These two tokens come from the Pump.science platform and represent rifamycin (RIF) and urolithin (URO) respectively. Pump.science is a meme coin issuance platform launched by Molecule DAO, which aims to support medical experiments through meme coins. At first, RIF and URO did not attract much attention, and the market value has been hovering around $150,000. But recently, the market value of these two tokens has reached nearly $3 million, achieving a qualitative leap.
Figure 2
The resurrection of Pump.science is inseparable from Binance’s frequent layout in the DeSci field. On November 8, Binance Labs announced its investment in BIO Protocol, marking Binance’s official entry into the DeSci field. Subsequently, CZ attended the DeSci Day event held by Binance in Bangkok and discussed the future development of DeSci with Vitalik.
【Vitalik shows VitaDAO longevity products】
At the DeSci Day event in Bangkok, Vitalik Buterin showed CZ VitaDAO's first longevity product, VD001. This is a natural high-dose spermidine supplement approved by the Thai FDA. CZ expressed his expectations and said frankly, "I hope to see 1,000 DeSci projects next year."
Figure 3
[DeSci tokens collectively exploded]
Boosted by this series of good news, the prices of DeSci project tokens have soared. In addition to RIF and URO, VitaDAO token VITA and ResearchCoin token RSC also performed well. The increase in these tokens not only attracted the attention of a large number of investors, but also further promoted the popularity of the DeSci field.
[Big players in the cryptocurrency circle are optimistic about DeSci]
In fact, DeSci has always been favored by the bigwigs in the cryptocurrency circle. As early as last year, CZ expressed his interest in biotechnology and thought about how to use encryption technology to accelerate the flow of research funds in this field. In addition, many industry leaders also shared their research and insights on DeSci at last year's Desci conference and placed high hopes on this field.
Figure 4
More than a month ago, a16z also entered the DeSci field for the first time, leading the investment in the AminoChain project, which is committed to reforming the process of patients contributing biological samples in the medical field. Binance has also repeatedly revealed on social media that it will use blockchain technology to vigorously support scientific projects. It can be foreseen that under the promotion of Binance, the DeSci field will usher in a broader development space.
【DeSci projects worth noting】
For investors, what DeSci projects are worth paying attention to? First of all, BIO Protocol, which has received investment from Binance Labs, is a good choice. The project aims to use blockchain and DAO to build a global scientific research funding and cooperation platform to promote solutions to rare diseases, longevity research, and emerging health problems. BIO Protocol's network covers BIO DAO in multiple directions, and its token BIO and the tokens of its partner DAOs have investment potential.
In addition, VitaDAO is also a group focused on funding early longevity research, and its token VITA has performed well recently. RSC, as the native token of the ResearchHub platform, is also worth paying attention to. The platform was founded by Coinbase founder Brian Armstrong and aims to reward users who publish high-quality content on the platform. Recently, RSC has risen by nearly 200%, and its market value has once again reached 60 million US dollars.
However, investors should also note that although the DeSci field has performed well recently, historical data shows that the price of tokens in this field fluctuates greatly. Therefore, investors must act cautiously and make rational judgments on market trends when investing.
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