The price of BounceBit token (BB) is currently $0.46, with a 24-hour increase of over 60.69%

2024-05-13 19:03:19

Collection

According to ChainCatcher news, based on RootData data, the price of BounceBit token (BB) is currently reported at $0.46, with a 24-hour increase of over 60.69%.

Additionally, the Web3 asset data platform RootData shows that BounceBit is building a BTC re-staking infrastructure to provide a foundational layer for different re-staking products, secured by the custodial services of Mainnet Digital and Ceffu. The BounceBit Chain is designed as a showcase for re-staking products within the BounceBit ecosystem, operating as a PoS Layer 1, where validators stake BTC and BounceBit's native tokens for protection—this is a dual-token system that leverages the security of native Bitcoin and is fully compatible with EVM. Key ecosystem infrastructure such as cross-chain bridges and oracles is protected by re-staked BTC. Through an innovative CeFi + DeFi framework, BounceBit enables BTC holders to earn yields across multiple networks.

(Source Link)

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.