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

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Bitget2024/05/13 11:41

ChainCatcher news, according to RootData data, the price of BounceBit token (BB) is now quoted at $0.46, a 24-hour increase of over 60.69%.

According to Web3 asset data platform RootData, BounceBit is building a BTC re-hypothecation infrastructure to provide a base layer for different re-hypothecation products and is guaranteed by the regulatory custody of Mainnet Digital and Ceffu. Designed as a showcase for re-staking products in the BounceBit ecosystem, BounceBit Chain is a PoS layer 1 secured by validators staking BTC and BounceBit’s native tokens – a platform that leverages native Bitcoin security and is fully compatible EVM’s dual-token system. Critical ecosystem infrastructure such as cross-chain bridges and oracles are secured by rehypothecated BTC. Through its innovative CeFi + DeFi framework, BounceBit enables BTC holders to earn across multiple networks.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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