BounceBit ($BB ) Update Thread - September 10, 2025
BounceBit ($BB) Daily Dive: Resilience Amid Unlocks and Buyback Momentum! Today's snapshot: BB trading at $0.141 USD, down -1.87% in the last 24 hours, with a market cap of $57.8M and $24.3M trading volume. Circulating supply around 409.5M tokens, showing steady activity in a volatile market. Fresh September Updates:
Token unlock alert: Approximately $7.17M worth of BBtokens set to unlock this week (Sep 8-14), part of a broader $45.2M insider unlocks across crypto – watch for potential price pressure.
Building on August's buyback success: 8.87 BB repurchased (~$16M annualized revenue), aligning token value with ecosystem growth and boosting community confidence. Franklin Templeton's tokenized fund on BB Prime continues to drive RWA integrations.
Market Analysis:
Price action: Holding above 30-day SMA at ~$0.137, with support at $0.111 and resistance at $0.271. All-time low from June ($0.0735) up +76%, but year-to-date down -69%.
2025 Outlook: Predictions range from $0.28 to $0.59, with potential 100%+ gains if DeFi and BTC restaking adoption accelerates.
Ecosystem Highlights: As a CeDeFi pioneer, BounceBit blends BTC restaking with RWAs for secure yields – no major announcements today, but September's market buzz points to fixed 12% APR strategies rewriting DeFi rules. – Unlocking BTC's potential. Bullish despite unlocks? DYOR!
