$BB in the BTC ecosystem is worth paying attention to
Old Jin is particularly optimistic about this project!
To be honest, the name of this project is really charming (I personally like it very much, haha😁) it sounds like a treasure in Cantonese
Back to the point, $BB is a potential altcoin that I personally have high hopes for. Its core goal is to build a powerful smart contract execution environment for Bitcoin.
From the fundamentals, the official website shows a staking amount of 600 million USD, and the official team continues to conduct token buybacks, which directly reduces market selling pressure and provides support for the price.
Since its launch and peak in May last year, it has experienced a significant washout of over 90%. Currently, the chips are mainly in the hands of the project party, and the early trapped positions have been fully cleared— in other words, the current selling pressure is not large.
The project party has been continuously accumulating at the bottom area, and it is now in a relatively bottom range, making it valuable for both mid-term and long-term layouts.
Since building a position at 0.112 on Wednesday, $BB has risen nearly 25%.
At present, I still advise my brothers to hold their positions firmly. If tonight's meeting triggers a market pullback, it will be a good opportunity to enter again.
I will continue to track the on-chain capital movement, and once I discover a new ideal entry point, I will promptly notify partners who have not yet entered the market.
Friends who are interested or have different opinions are welcome to follow Old Jin and seize the opportunity together!