$BB is exhausted but still fighting strong! It’s holding up better than Ethena $ENA
As you should know both of these tokens have been following a similar pattern so far that even the dollar price started converging over the last few weeks. I think this is partly because both tokens are part of the same #cedefi use case, although their utility is far different. ENA is mainly a governance token that can give you benefits, while BB is the gas token of an L1.
Since BounceBit bounced a bit better am I optimistic about a new rally upwards. This choppy market is hard to navigate but definitely bears some opportunities.
