FeaturesTwo Decentralized Science (DeSci) Protocols Falter Following Live Listings on Coinbase
Two decentralized science (DeSci) protocols, VitaDAO and LabDAO, faced significant price drops shortly after their live listings on Coinbase. VitaDAO's token (VITA) plunged over 60%, while LabDAO's token (LAB) fell nearly 50% within hours of trading. Both projects, focused on funding and decentralizing scientific research, had gained attention prior to listing. Market analysts suggest the sharp declines may reflect profit-taking by early investors and broader volatility in the DeSci sector. Despite the downturn, supporters highlight the long-term potential of blockchain-based solutions for scientific funding and collaboration.