Get ready for the $BB Banana zone.
BounceBit is heavily underpriced for current market conditions.
I believe the next protocol upgrade or other good news will initiate price discovery.
Next target 42ct, then 56ct. Altcoins tend to move quicker than you think, especially when recovering from a bottom. Best example is $ENA which has been gaining a lot of percents recently. Ethena has a similar foundation to BounceBit. When funding rate is high, the yield both of these projects offer are high. They follow the same market dynamics essentially. Since Ethena is a bigger project by market cap, they naturally move first. BUT as you can see BB hasn't been lacking far behind and made a good few percentages as well.
We only need another trigger event to send us higher, and I believe anything below 40ct is a good entry to not be late when it happens. Any major partnership or product upgrade could be this trigger.