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Mib BBT
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Bullish
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$
BB
is stronger than Bitcoin and Ethereum combined
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$BB is still ridiculously undervalued. Easiest comparison $ENA Ethena, same CeDeFi tech just with a more diverse execution. However, BounceBit is still a 10x away from reaching Ethena's market cap. $BB is catching a strong bid, with a perfect support/resistance flip and a clear market structure break. They also have insane good yields on their CeDefi V2 products, it should bring more attention to BB
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$BB people running BounceBit are quite smart and experienced. They don’t want it to be highly volatile. It goes up, correct and stabilize, and repeat. This token wants to be highly valued asset. The total supply is at 2.1B, the circulation supply is about 470M, which make it undervalued compared to other tokens. If it continues at this rate most probably next 2 or 3 years it will reach $10. I think it’s good option for medium and long term run. Best choice stable coin.
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$BB only up
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My Ethereum has finally woken up, but I still have to wait until 4500 to break even. Recently, I've been focusing on meme coins, but over the past few days, L2 and DeFi VC coins have surged even more than meme coins, so I've returned to the secondary market. There's a thought I've been considering: We can take a look at which new coins Binance has launched this year and find projects that can hit multiple popular sectors and have low valuations. I feel that $BB is quite good. Its market cap is at $150M dollars, which is relatively low, and token won't unlock until May next year. It spans two popular sectors: BTC and CeDeFi. In contrast, Ethena $ENA , which is also in the CeDeFi sector, already has a market cap of $1.5B, a tenfold difference. Recently, many people have been discussing PayFi, but I think #cedefi has a lot of potential as well. Why do I say this? Because I went all in on it
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Been watching this sexy AF falling wedge form for months for CeDeFi pioneer BounceBit, $BB price is pressing against diagonal resistance & getting close to the apex plus their calendar is filled w/ bullish events this month, beautiful entry for another easy 2x from here
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