Current Price of bb is Approximately $0.10
24 Hour High / Low is $0.1049 and $0.0979
20% Decline Recently Yes, a 20% dip over the past 7 days consistent with recent volatility
24 Hour Trading Volume Between $9M to $12M across platforms
Order Book Depth Ratio on Binance is BB/USDT pair shows depth about $45K (buy side) vs $96K (sell side) for plus or minus 2% from mid price
Trendy Fact
BounceBit integrates Franklin Templeton’s $700 M tokenized fund blending traditional finance with Defi smart strategies on chain is a rare CeDefi innovation offcourse
Tech advancement
Launch of CeDefi model with buybacks to stabilize the token and offer regulated yield products is added recently only
A native LSD module and dual token PoS mechanism uses both BB and BBTC for staking enabling BTC holders to earn yield while participating in chain security is for sure
Real world use case
BTC holders can really stake their holdings directly onn BounceBit bridging their assets into the EVM ecosystem while earning returns a compelling wallet advantage
On Chain Data and analytics
TOKEN UNLOCKS
on 13 th August 44.7 M BB release (~2.13% supply)
My prediction
Expect modest upside if unlocks are absorbed smoothly while token buybacks may provide support