Over the last 24 hours, BounceBit ($BB ) has increased by 10.16%, which is significantly better than the overall decline of the cryptocurrency market by 0.5%. Main reasons:
Integration of institutional RWA – the tokenized fund Franklin Templeton has been launched on the BB Prime platform, improving yield strategies.
Inflow of funds from BNB Chain – over 4000 BNB have entered the CeDeFi BounceBit ecosystem, indicating investor confidence.
Technical breakthrough – the price has overcome key resistance levels amid a bullish sentiment.
The price increase of BounceBit reflects a strategic shift towards collateralized RWA products and the expansion of integration with BNB Chain. Technical indicators show cautious optimism, but sustainability depends on the adoption of $BB Prime and the overall sentiment in the cryptocurrency market.
What to watch: will BB be able to hold above $0.135 and will BENJI TVL in the blockchain exceed $50 million this week?