BB Token Jumps 15.8% After BounceBit Launches Tokenized Stock Staking and xRWA Yield Feature

BBUSDT experienced a notable 15.80% price increase over the past 24 hours, rising from 0.1038 to 0.1202 USDT on Binance. This surge is primarily attributed to heightened trading activity following BounceBit’s introduction of tokenized stock staking on July 15, which enabled users to stake tokenized Apple, Tesla, BB, and BTC for continuous yield via the xRWA feature. The announcement generated significant market interest, resulting in a spike in trading volume and a brief rally, although technical indicators suggest some consolidation may follow. Currently, BBUSDT trades at 0.1202 USDT with strong 24-hour volume, reflecting ongoing volatility and active participation from traders.