At 18:00 tonight, the much-anticipated #BIO将上线币安 token will be launched on the market. The current market generally expects that the initial price of BIO may be around $1, and this expectation has been widely recognized on mainstream cryptocurrency trading platforms including Binance.
The initial circulation of BIO is about 1.3 billion tokens, accounting for 39.05% of its total supply. According to market rules, a new token needs to start at a lower price to attract investors' interest in order to gain attention and popularity in the market.
Although I personally expect that BIO may experience a period of price decline in the early stage of listing, this is mainly due to the fact that the biotechnology sector requires a large amount of capital investment in the early stage, which may cause some investors to choose to sell tokens after listing to recover funds. It should be emphasized that this initial market behavior does not mean that BIO's future development prospects are not good, but is only a prediction of the initial market reaction.
Once the coin price stabilizes, the potential shown by the BIO token is still worth looking forward to. Considering the popularity of AI and biotechnology this year, the BIO token is expected to occupy a place in the future market.
The coins that have been launched recently are very strong. $PNUT $USUAL has doubled crazily since it was launched. How many times can BIO increase today?