Bio is short for “biocurrency,” a type of cryptocurrency that aims to connect the digital market with biological data or living components. As for its counterparts, there are several cryptocurrencies that focus on specific applications, such as “Chainlink,” which provides an oracle to connect live data to smart contracts, or “Cardano,” which uses advanced technologies to provide future-oriented solutions in the field of digital currencies. Currency pairs vary between these currencies, such as “ADA/BTC” or “LINK/USDT,” as they are used in trading and hedging against market volatility.