BB Token Surges 26% as BounceBit Integrates Tokenized Treasuries and Prepares for Major Unlock

BounceBit (BBUSDT) has seen a notable price increase of 26.41% in the last 24 hours, with the current price at 0.1321 USDT on Binance. The price surge is primarily attributed to recent platform developments, including the integration of Franklin Templeton's tokenized U.S. Treasuries into BounceBit's Prime platform, which supports institutional compliance and real-world asset yield strategies. Additionally, anticipation of the upcoming unlock of 44.7 million BB tokens (2.13% of total supply) on August 13 has contributed to heightened trading activity and volatility. BounceBit's total value locked has surpassed $550 million, reflecting increased platform usage and investor interest. Over the past day, BBUSDT has experienced significant trading volume and a wide price range, underscoring strong market engagement and volatility.