$BIO tokens from Bio Protocol are recording stable growth in the DeSci sector with a total locked value (TVL) of approximately 9 million USD, diversified between short-term and long-term.
The increase in the mid and long-term lock rate of $BIO can drive the token price higher, while a large proportion of short-term positions may create selling pressure. The trend of increasing long-term locks will support price increases in the future.
MAIN CONTENT
$BIO has a total locked value of approximately 9 million USD in the DeSci sector.
70% of the locked value is short-term, from 1 to 4 weeks, creating certain selling pressure.
The increase in mid and long-term lock rates will support sustainable price increases for $BIO.
What characteristics does the $BIO token have regarding the current total locked value (TVL)?
The TK Research analysis on August 21 shows that $BIO has a total locked value in DeSci of approximately 9 million USD. Of this, 70% is locked short-term, from 1 to 4 weeks, while the remaining 30% is locked mid and long-term.
This shows the balance between the need for quick liquidity and long-term investment commitment in the $BIO community. In particular, 15.1% of the locked value extends up to 104 weeks, providing a strong foundation for the Bio Protocol ecosystem.
How does the allocation of locked value of $BIO affect the token price?
The 70% of tokens locked short-term can create selling pressure when investors complete their lock time.
Conversely, the increase in mid and long-term lock rates, which now account for nearly one-third, is a positive factor helping the $BIO price maintain its upward momentum. Financial experts assess this as an important indicator confirming a sustainable long-term upward trend.
The growth in the long-term lock rate indicates the community's trust in the development potential of the Bio Protocol, playing a key role in supporting token prices in the long term.
TK Research expert, August 2024
What role does the mid and long-term lock value of $BIO play in the DeSci market?
The mid and long-term lock value, especially the 15.1% tokens locked for 104 weeks, helps reduce the circulating token supply in the market, while increasing price stability and investor confidence.
If this upward trend continues, $BIO could open up a stronger price increase cycle, contributing to strengthening its position in the DeSci open science sector.
Frequently Asked Questions
1. What is the current total locked value (TVL) of $BIO?
The total locked value of $BIO is around 9 million USD, with a clear distribution of short and long-term locks, reflecting the project's health.
2. How do the short and long-term lock rates of $BIO affect the price?
The short-term lock rate creates selling pressure, while the increasing long-term lock rate helps stabilize and promote the token price sustainably.
3. What percentage of $BIO is locked the longest?
About 15.1% of tokens are locked for a maximum of 104 weeks, which is significant in maintaining value and reducing volatility.
4. What will the price trend of $BIO be if the long-term lock rate continues to increase?
The price of $BIO could rise sharply if the mid and long-term lock rates continue to increase, reflecting strong investor confidence.
5. What does the TK Research analysis predict about $BIO?
This analysis assesses the increase in the long-term lock rate as an important premise supporting the token price increase in the future.
Source: https://tintucbitcoin.com/bio-protocol-tvl-9-trieu-von-khoa-ngan/
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