Something bigger is really coming!!! The certain token $BIO recently surged 100%, is the altcoin really about to rise???
This project, once jokingly referred to as the 'Dogecoin of the biological world,' what exactly has triggered this sudden market explosion?
Let me give you a detailed explanation:
1. Cooperation Exposure: The BIO protocol announced a strategic partnership with the Global Biotechnology Innovation Organization (BIO) to provide blockchain financing solutions for biopharmaceutical companies, with the first batch of partner companies including industry giants like Eli Lilly and Sanofi.
2. Technical Upgrade: On August 8, the BIO mainnet was upgraded to version V3, launching a 'smart contract template library' to lower the threshold for biotech companies to issue tokens, with 6 pharmaceutical companies already submitting partnership applications.
I wonder if any brothers have been hurt by this token, just in case, let me share my personal opinion:
Buying on Dips: If the price drops to around $0.1, you can try a small position (5% of total funds) with a stop loss set at $0.08.
Follow Up on Breakouts: If it breaks through the resistance level of $0.15, you can increase your position to 10% of funds, targeting $0.2.
Brothers with ideas can raise your hands below so I can see you. I will share the operational strategy for this token internally, and the first 10 who find me will receive it for free.
