What is the #BounceBit ($BB ) Project? @BounceBit
#BounceBitPrime (BB) is a Layer-1 blockchain project implementing the CeDeFi (Centralized + Decentralized Finance) model. It combines the security of Bitcoin with a PoS-based model, supporting validators with both BTC and BB tokens.
Its EVM-compatible architecture allows developers to easily migrate Ethereum contracts.
How it Works:
BounceBit Portal: Offers arbitrage strategies and yield products for users.
BounceBit Chain: A dual-token PoS-based blockchain secured by Bitcoin and BB.
BounceClub: An AI-powered utility ecosystem combining DeFi, memecoins, and GameFi.
Furthermore, a new platform called BB Prime was recently announced. This platform aims to deliver institutional-grade transparency and returns by offering on-chain yield strategies through tokenized US Treasury bonds. This system is partnered with Franklin Templeton's tokenized fund.
Current BB Price and Analysis
Live Price Data
According to CoinMarketCap data:
1 BB = $0.1326, 24-hour volume approximately $151 million, 18–19% increase in market capitalization over the past 24 hours.
According to CoinGecko data:
1 BB = $0.1323, daily increase 13.7%, 33.9% increase over the last 7 days.
Overall Assessment:
Current price range around $0.13–$0.134. Significant volume and price increases have been observed over the past 24 hours.
Technical Indicators
All-time high (ATH): $0.8655 (June 6, 2024)
All-time low (ATL): $0.0735 (June 22, 2025)
CoinGecko: 33.9% increase on 7-day chart
RootData: 24-hour increase of 20.3%, weekly increase of 36.1%
Valuation Metrics (CoinGecko)
Market Cap: ~$54 million
Fully Diluted Value (FDV): ~$277 million
TVL (Total Locked Value): ~$311 million
MC/TVL: ~0.17
FDV/TVL: ~0.89
This low MC/TVL ratio may indicate that the value of a significant portion of locked assets has not yet been reflected in the market.
Summary Table
Indicator Value / Status
Project Structure CeDeFi + Dual-token PoS Layer-1 (BTC & BB)
EVM Compatibility Yes
Current Price ~$0.13 – $0.134
24h Price Change 14–20% increase
7-Day Change ~34% increase
ATH / ATL $0.8655 / $0.0735
Market Cap ~$54 million
FDV ~$277 million
TVL ~$311 million
MC/TVL Ratio ~0.17
FDV/TVL Ratio ~0.89
Opinion and Assessment
The price is showing a strong upward movement in the short term.
Compared to ATH, it is quite low at current levels—there is potential growth room.
A low MC/TVL ratio may indicate that the project has not yet reached its full value.
Innovative products like BB Prime and strong institutional partnerships (e.g., Franklin Templeton) are supporting the project.
Summary
BounceBit is a CeDeFi-based blockchain project that combines Bitcoin security with PoS. Its daily price is around $0.13, having increased significantly in the last week. Its TVL is high compared to its market capitalization, presenting a potential value opportunity. It can be particularly valuable for investment purposes to keep up with its new products.