BB Token Surges 30% as BounceBit Prime Launch Drives $13M Volume and Institutional Yield

BounceBit (BBUSDT) has seen a notable 30.55% price increase over the last 24 hours, currently trading at 0.1329 USDT on Binance. This surge is primarily attributed to the launch of BounceBit Prime, which introduced institutional-grade yield strategies on-chain in collaboration with BlackRock and Franklin Templeton, as well as the integration of Franklin Templeton's tokenized money market fund for treasury-backed yields. These developments have driven increased investor interest and trading activity, resulting in substantial 24-hour volume of over $13 million and heightened market volatility. The BB token maintains a fixed supply of 2.1 billion, with approximately 19.5% in circulation, and is actively traded on major exchanges including Binance.