Bouncebit
BB is getting ready to flyBounceBit has attracted the attention of several prominent investors and venture capital funds, who saw in the project the potential for growth and innovation in cryptocurrency and DeFi.
Binance Labs
Blockchain Capital
OKX Ventures
The guys above are ready to send the BB price into the distribution zone. Be ready!
BOUNCEBIT $BB: It is now BOTTOM!Low Volatility: BounceBit’s price has remained stable within a narrow trading range, indicating limited price volatility. This stability is appealing to holders looking for more conservative investments within the crypto space. TradingView!
Project description:
BounceBit ( NYSE:BB ) is a decentralized marketplace platform that facilitates token auctions, asset swaps, and staking, allowing users to participate in a wide range of DeFi activities with enhanced security and transparency.
Type of project:
Decentralized marketplace and auction protocol.
Is it under a block?:
Yes, BounceBit operates on Binance Smart Chain (BSC), using smart contracts to support auctions, swaps, and staking within the DeFi space.
Latest update or news:
As of November 7, 2024, BounceBit announced the BounceClub Partnership Program, providing incentives for early adopters and developers to integrate BounceBit’s decentralized marketplace features into new projects.
Narrative:
DeFi marketplace, decentralized auctions, and token staking platform.
Unlocks Data for BounceBit ( NYSE:BB ):
1. Upcoming Unlock:
Next Unlock Event: Scheduled for May 13, 2025, with an unlock of 44.7 million BB tokens.
Percentage of Circulating Supply: This release constitutes approximately 2.13% of the current circulating supply.
2. Rate of Token Release to Circulation:
Next 7 Days (November 7 – November 14): 0 BB tokens released, or 0% of the circulating supply.
Next 30 Days (November 7 – December 7): 0 BB tokens released, or 0% of the circulating supply.
3. Total Unlocked:
Total Unlocked Tokens: 265.23 million BB, representing approximately 12.63% of the maximum supply of 2.1 billion BB tokens.
4. All Upcoming Unlocks in the Future:
May 13, 2025: 44.7 million BB
Additional Unlocks: Please refer to BounceBit’s official documentation for the complete unlock schedule.
5. Vesting Analysis for BounceBit ( NYSE:BB ):
BounceBit's vesting structure promotes gradual distribution to ensure long-term sustainability:
Staking Reward & Delegation Program: 35% allocation, distributed to reward users participating in staking and delegation. Investors: 21% allocation, with vesting schedules to align with the platform’s growth. BounceClub & Ecosystem Reserve: 14% allocation, supporting ecosystem growth and new partnerships. Team: 10% allocation, vested to ensure team commitment and platform stability. Binance Megadrop: 8% allocation, distributed to early community members and platform supporters. Advisors: 5% allocation, aimed at retaining experienced guidance for the project. Testnet & TVL Incentive: 4% allocation, incentivizing early network testing and locked total value. Market Making: 3% allocation, supporting liquidity and smooth trading experiences.
BounceBit: Technical Analysis in 12-Hour TimeframeHello everyone, I’m Cryptorphic.
I’ve been sharing insightful charts and analysis for the past seven years.
Follow me for:
~ Unbiased analyses on trending altcoins.
~ Identifying altcoins with 10x-50x potential.
~ Futures trade setups.
~ Daily updates on Bitcoin and Ethereum.
~ High time frame (HTF) market bottom and top calls.
~ Short-term market movements.
~ Charts supported by critical fundamentals.
Now, let’s dive into this chart analysis:
BB has broken above the resistance trendline and is currently retesting it. The 21 EMA and a horizontal ray serve as primary support for BB. A rebound from this primary support will likely be bullish and could potentially rally toward its all-time high range.
If BB breaks down below the primary support, the lower support at $0.2393 (the all-time low) will likely hold the price.
Key Levels:
- Primary Support/Accumulation: $0.3134-$0.3265.
- Lower Support: $0.2393.
- Primary Target: $0.505-$0.55.
- Higher Target: $0.8789.
DYOR. NFA.
Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see!
Thank you!
#PEACE
#BB/USDT is Ready to be sent!!Technical Overview and setup:
🔥 Inverse Head & Shoulders breakout at $0.51 confirmed!
📈 Targets: $0.65, $0.86
📉 Stop-Loss: $0.43
Technical indicators support bullish momentum. Watch for increasing volume to confirm breakout strength. Even if this pattern fails, SL is very small.
Good for both spot and leverage.
dyor, nfa
Please hit the button, Thank you
#PEACE
BBUSDT Breakout Alert! Critical Resistance Test AheadYello, Paradisers! Could #BBUSDT be poised for a significant move? Let's break down the key levels and potential scenarios.
💎#BounceBit has successfully broken out of a descending channel pattern, indicating a high probability of continued upward movement. After retesting the support trendline, the price now seems likely to rise toward the resistance level around $0.4808.
💎Historically, #BB has faced rejection twice at this zone, making a breakout crucial for confirming a shift back to bullish momentum. Should this breakout occur, the price could advance significantly, reaching our target at the strong resistance area.
💎However, if BB fails to break through the resistance and retraces to the demand area around $0.39, it will need to build new momentum for another attempt. Holding this demand zone is essential. A failure to do so could see the price revisiting the strong support area between $0.33 and $0.31.
💎A bounce from this strong support area is critical. If BB fails to hold and breaks below $0.31, it would invalidate the bullish scenario, increasing the probability of a further downward move.
Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler.
MyCryptoParadise
iFeel the success🌴
$BB BounceBit - What is the Next Target?Current Level: $0.50 is the recent low and acts as strong support. $0.588 is the first minor resistance. A break above this level could signal potential further upward movement.
Watch for a Break Above $0.588. If the price breaks above $0.588 with good volume, it may indicate the beginning of an upward trend. You could consider entering a long position with targets at:
First Target: $0.641
Second Target: $0.685
Third Target: $0.729
Final Target: $0.792
Ensure $0.50 holds as support. If the price consistently stays above this level, it confirms strong support. If it breaks below, it could indicate further downside.
Place a stop-loss below $0.50 to manage risk in case the price drops further.
Break Above $0.588: Indicates bullish sentiment, consider long positions.
Holding $0.50 as Support: Reassures strength, reinforcing a potential upward trend.
** Monitor price action closely around these levels to make informed trading decisions.