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BounceBit (BB) is a new cryptocurrency designed to integrate Bitcoin's security with a more flexible blockchain infrastructure. Launched recently, it utilizes a dual-token system where validators stake both BB and BBTC (Bitcoin on BounceBit). It is a Proof-of-Stake (PoS) blockchain with full Ethereum Virtual Machine (EVM) compatibility, allowing the creation and deployment of decentralized applications (dApps) (CoinMarketCap)
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