#BounceBit (BB) is a cryptocurrency that operates on its own blockchain. It's designed to offer institutional-grade yield products, restaking use cases, and CeDeFi (Centralized Decentralized Finance) as a service. The BounceBit chain is a dual-token PoS (Proof of Stake) Layer 1 secured by BTC and $BB, leveraging Bitcoin's security with full EVM (Ethereum Virtual Machine) compatibility.

Key Details:

Current Price: Approximately $0.2777 USD

Market Cap: Around $131.5 million USD

Circulating Supply: 473.65 million BB coins

Max Supply: 2.1 billion BB coins

24-hour Trading Volume: $53.63 million USD

Opinions and Signals:

Technical Indicators: The current sentiment is bearish, but the Fear & Greed Index shows extreme greed at 83.

Price Prediction: Some sources predict a significant rise, with prices potentially reaching up to $3.477 USD by December 2024.

Market Trends: The 50-day and 200-day moving averages are trending upwards, indicating a strong bullish trend.

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