Bouncebit is a Bitcoin re-staking protocol and is also the first token in Binance's merge track. It was highly anticipated at launch, and I jumped in to take a piece when it opened. I also capitalized on the subsequent rebound, but then I stopped buying in because, after all, altcoins can drop without a bottom!
This project being listed on Binance is mainly due to the backing of Yzi, and OK also has a stake. As a Bitcoin re-staking protocol, it is a very promising track and will likely have a place in BTCFI in the future.
It is worth noting that the founder, Jack Lu, may not necessarily bring you surprises.
If you are a coin enthusiast who likes re-staking tracks and the Bitcoin ecosystem, you might consider holding. Entering around the price of 0.025 would be more suitable.
This article is for reference only and should not be considered investment advice.
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