Is Bio Protocol ($BIO ) a Scam?
Bio Protocol launched with big promises and Binance Labs’ support in Nov 2024, but its price has crashed over 90% since its Jan 2025 high.
As of April 5, 2025, it's trading around $0.065.
To me, this project looks like a scam—too many red flags: fake airdrop sites, false promises, and massive value loss.
Even their warnings about fake tokens feel like damage control.
Only on Ethereum mainnet? Then why are scams so widespread under their name?
Be cautious. Hype can’t hide poor execution.