🚀 "BounceBit (BB) Slides to ~$0.12 as BTC Restaking Buzz Settles"
🔹 Quick Stats (August 15, 2025)
Price: ~$0.12 (↓ ~7%)
Market Cap: ~$86M (circulating ~736M of 2.1B max)
Volume (24h): ~$24M
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🔧 What Is BB?
BounceBit (BB) is the native token of BounceBit, a CeDeFi-focused Layer 1 blockchain launched in 2024. It uses a dual-token Proof-of-Stake system secured by both Bitcoin and BB, enabling Bitcoin holders to participate in DeFi through restaking BTC (via BBTC) and earn additional yield. The platform marries centralized custody (via partners like Mainnet Digital and Ceffu) with on-chain DeFi interoperability and EVM compatibility.
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📈 Highlights
BTC Restaking Pioneer: BounceBit enables users to earn yield by converting BTC into BBTC and staking alongside BB tokens to secure network and earn rewards.
CeDeFi Innovation: Combines institutional-grade CeFi yield with DeFi farming via Liquid Custody Tokens, offering transparent and secure yield-generating options.
Ecosystem Expansion: Features like BounceClub support dApp development, RWA products, and seamless EVM-based interoperability on a BTC-secured infrastructure.
> Disclaimer: For educational use only—not financial advice.
