Two Decentralized Science (DeSci) Protocols Falter Following Live Listings on Coinbase
Two decentralized science altcoins are wavering after gaining support from Coinbase, the top US-based crypto exchange platform by volume. In a new thread on the social media platform X, Coinbase announced the addition of two decentralized science (DeSci) protocols – Bio Protocol (BIO) and ResearchCoin (RSC) – to its suite of crypto products. Following the announcements, the tokens both fell in price. “ResearchCoin [and] Bio Protocol [are] now live on //coinbase.com and in the Coinbase iOS and Android apps. Coinbase customers can log in to buy, sell, convert, send, receive or store these assets.” BIO is trading for $0.0612 at time of writing, a 7.3% decrease on the day while RSC is valued at $0.493, a 34% dip in price during the last 24 hours. Earlier this week, Coinbase also added support for RSC – a project backed by Coinbase CEO Brian Armstrong that aims to improve science communication and research – on Base, its proprietary blockchain, causing t...