August is experiencing a rapid pullback, and the market is expected to gradually emerge from its slump in September, with funds starting to flow into altcoin sectors.

In such an environment, BounceBit (BB), as the leading project of the Bitcoin Restaking narrative, is becoming a core focus of the market, amplified by multiple favorable factors.

1. Multiple favorable factors for BounceBit


The token buyback plan continues to advance

BounceBit initiated a multi-year token buyback plan at the beginning of August and has cumulatively repurchased 8.87 million BB from the market over the past week. The buyback funds are sourced from protocol revenue, with current annualized income of approximately $16 million, ensuring the long-term sustainability of buyback actions. The repurchase directly reduces selling pressure in the secondary market, providing strong support for BB prices.

BB Prime platform launched, integrating traditional financial giants

BounceBit has launched the BB Prime platform, with the first collaboration being the tokenized money market fund (BENJI) of global asset management giant Franklin Templeton. The fund's size is approximately $690–700 million, injecting RWA and institutional-level liquidity narratives into the BB ecosystem. This not only enhances the long-term imagination of the platform but also provides realistic support for token valuation.

Unique narrative position: BTC Restaking + RWA

In the rotation of tracks like L2, DePIN, AI, and RWA, BounceBit is in the scarce track of Bitcoin Restaking, combined with RWA. This dual narrative makes it more attractive during the 'altcoin season' in September.

2. Market environment and timing


Expectations for the altcoin season: As BTC maintains range-bound fluctuations, market funds will naturally shift towards high Beta altcoins. Coupled with various project airdrops, listings, and activities in September, the altcoin market is expected to continue heating up.

BounceBit positioning: Compared to other new public chains or narrative coins, BB's advantages are more solid—there is real buyback, backing from traditional financial institutions, and clear sources of income. This makes it one of the key targets for fund allocation in September.

3. Operational advice

Short to medium term: Follow the buyback trend

The buyback plan is still ongoing, indicating that BB prices have solid short-term support.

It is recommended to pay attention to buyback announcements/on-chain monitoring data, and to follow the trend during increased buyback volumes, as there is potential for short-term segment gains.

Medium term: Grasp the RWA narrative

The combination of BB Prime and Franklin Templeton's fund is one of the few existing bridges from Web2 to Web3 in the current market.

In the medium term, positions can be gradually built in the price pullback range, waiting for the RWA narrative to further ferment.

Risks and profit-taking

If BTC shows significant downward movement, the altcoin season may end early, and BB will also be affected.

It is advised to set staggered profit-taking points (such as gradually selling off at 20%, 30% gains) to avoid emotional trading.

Enter rapidly after falling below $0.1

Look at previous highs

$BB #BounceBitPrime @BounceBit