BounceBit (BB) is redefining the future of CeDeFi (Centralized and Decentralized Finance) by blending the strengths of both models, offering Bitcoin holders new ways to earn high yields. Built on BTC’s security and fully compatible with the Ethereum Virtual Machine (EVM), BounceBit is a public blockchain with a dual-token Proof-of-Stake (PoS) system, enabling it to deliver diverse financial products across the crypto ecosystem.
Currently ranked No. 318 on Binance, BounceBit has a market cap of $148.4 million and a fully diluted market cap of $660.34 million. With 471.92 million BB tokens in circulation out of a total supply of 2.1 billion, the token has shown strong growth since its May 2024 launch. The limited supply enhances its appeal to investors seeking long-term potential.
A key innovation of BounceBit is its Liquidity Custody Tokens (LCTs), which allow users to convert CeFi earnings into on-chain liquidity assets, supporting DeFi functions like re-staking and Meme Launchpad. This integration offers a unique opportunity to maximize profitability while ensuring centralized security. BounceBit also partners with Ceffu, an institutional-grade custody provider, to offer secure interest income through CeFi channels, making it attractive for both individual and institutional investors.
If BounceBit reaches a $1 billion market cap, the BB token price could rise to around $2.12. In a more ambitious scenario, with a $10 billion market cap, the price might surge to approximately $21.20. These projections highlight BounceBit’s strong potential as its CeDeFi services gain traction.
With its dual-token model, cross-chain capabilities, and focus on high-yield opportunities, BounceBit is poised to lead the next wave of CeDeFi innovations, providing a secure, stable, and profitable financial ecosystem for users worldwide.