Bio Protocol (BIO) is showing significant growth amid recent news, achieving high trading volume and increased market capitalization.
Bio Protocol's Market Success
Bio Protocol reached a daily high of $0.1514 before stabilizing at $0.1301. Nevertheless, the token is up 25% on a daily basis, bringing its market cap to $217.58 million. Trading volume increased by 720.24%, reaching $443.47 million.
New Developments and Funding
Bio Protocol recently announced funding for human clinical trials for a brain health supplement called Percepta. The Cerebrum DAO community voted to raise $80,000 to expand trials, boosting interest in the token.
Staking Growth and Economic Indicators
The amount of staked Bio Protocol crypto has risen to 125 million, representing 3.5% of its circulating supply. Staked tokens generate BioXP, granting users access to new assets within the Bio ecosystem.
The growing interest in Bio Protocol, successful clinical trials, and increasing staking volumes highlight the token's potential in the biotechnology sector.
