BounceBit (BB) – is bullish long-term outlook relevant?

(note: the post contains data by CaptainAltcoin)

The price of BounceBit (BB) crypto has surged by 30% in the recent days, fueled by the project’s newly released 2024 ecosystem roadmap, breakout from a key resistance level and listing on WhiteBIT crypto exchange.

According to an announcement from CryptoDep (@Crypto_Dep), a prominent crypto influencer, BounceBit has unveiled an ambitious roadmap for the upcoming year, outlining its focus on product and ecosystem development.

BounceBit aims to enhance Bitcoin’s utility by building a robust BTC restaking infrastructure, which will serve as a foundational layer for various restaking products.

While BounceBit is a relatively new project, its price action has already shown promising signs. Yesterday, the crypto broke out of a crucial resistance level at around $0.45, reaching a high of approximately $0.55.

Despite the possibility of some retracement today, the overall sentiment remains bullish, with traders and investors anticipating further upside potential as the project executes its ambitious roadmap.

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