BounceBit ($BB ) Near All-Time Low but Eyes Reversal!
• Price: $0.1236 | Market Cap: $105M | Volume: $17M (24h)
• Circulating Supply: 850.5M BB / 2.1B total
• Sentiment: Fear & Greed Index at 30 (Fear)
Core Highlights:
• Mainnet Launch: BounceBit introduced its CeDeFi BTC restaking model, combining CeFi security with DeFi yield, attracting 400K+ contributors and $1B TVL.
• Strategic Ties: Collaborations with BlackRock and Franklin Templeton to integrate tokenized RWAs; backed by Boyaa Interactive.
• Innovations:
🔹 New BB-token standard with automatic yield accrual (rebasing)
🔹 Dual-token PoS and Elliptic partnership boost security & compliance
Risks to Watch:
• Ongoing token unlocks (44.7M BB) may trigger selling pressure
• Fearful sentiment + short-term bearish bias could test supports
• Top 16.38% holders = high centralization risk
• CeDeFi bridges carry inherent custodial risks
BounceBit’s fundamentals remain strong, backed by innovation and major partnerships — but near-term weakness persists. A clean breakout above $0.19–$0.20 could mark the start of a new bullish phase.