- BB is anticipated to breach the $0.75 resistance and attain $1.99 by the tip of 2024.
- The value of BB might drop to $0.97 in 2027, however return to $4.48 in 2028.
- BB might attain the $10 milestone by the tip of 2030.
After its latest launch, the hype surrounding BounceBit has been spectacular. There have been additionally opinions that the token would solely final a short while. Time will inform if that is true or not. Here’s a thorough overview of the BounceBit venture and its value prediction from 2024 to 2030.
BounceBit (BB) Market standing in actual time
| 🪙 Identify | BounceBit |
| 💱 Image | BB |
| 🏅 Rank | #279 |
| 💲 Worth | $0.633271269258 |
| 📊 Worth change (1h) | -1.15% |
| 📊 Worth change (24h) | 3.71% |
| 📊 Worth change (7d) | 94.29% |
| 💵 Market capitalization | $259324584.761 |
| 💸 Circulating provide | 409500000 BB |
| 💰 Whole provide | 2100000000 BB |
BounceBit (BB) is presently buying and selling at $0.633271269258 and sits by the quantity #279 on CoinMarketCap by way of market capitalization. They exist 409500000 BB of cash presently in circulation, bringing the whole market cap to $259324584.761.
Within the final 24 hours, BounceBit has elevated by 3.71%. final week, the coin is developing 94.29%.
What’s BounceBit (BB)?
BounceBit is a venture utilizing a centralized and decentralized monetary framework to construct a BTC re-counting community. With BounceBit, Bitcoin (BTC) holders can earn on varied networks.
Nevertheless it doesn't finish there, the venture allows full compatibility with the Ethereum digital machine with the assistance of BB, its native token. For these unfamiliar, BounceBit is a Layer 1 venture it makes use of that mixes Bitcoin's safety with Proof-of-Stake (PoS) consensus.
With the twin system, customers can bridge belongings and talk with community repositioning merchandise. As well as, the venture is secured by the regulated administration of Mainnet Digital and Ceffu.
BounceBit (BB) Present Market Standing
The value of BB elevated by 30.50% within the final 24 hours. On account of this enhance, the worth of the token jumped to $0.69. Nonetheless, Coin Version famous that the value enhance was not synthetic attributable to buying and selling quantity information.
On the time of writing, BouncBit's buying and selling quantity was $648.87 million. This was a 74% enhance from the Could 26 determine. As a result of enhance in quantity, the value of BB might hit $0.75 within the quick time period as the amount might give an upside pressure.
Moreover, the market capitalization of this cryptocurrency was $281.54 million. Its peak and whole provide was 2.1 billion tokens, with 409.50 million in circulation. BB is listed on a number of exchanges. A few of them embrace Binance, Bybit, Bitget, KuCoin and HTX.
BounceBit (BB) Worth Evaluation.
With BB's latest efficiency, there’s hypothesis that the value might commerce greater. However these views could not have any foundation until we have a look at the token from a technical angle. Right here is an summary of BB's value evaluation and its value prediction from 2024 to 2030.
BounceBit (BB) Worth Evaluation – Bollinger Bands
In keeping with Bollinger Bands information, BB has proven excessive volatility in latest days. On the time of writing, the bands have widened, suggesting that value swings could possibly be huge.
The higher band of the indicator additionally appeared to have touched the token at $0.77, inflicting it to be overbought. As such, the value has come down. By all indications, a bearish state of affairs might ship BB as excessive as $0.61. However in a extremely bullish case, it might rebound to $0.79.
BounceBit (BB) Worth Evaluation – Relative Energy Index (RSI)
On Could 27, the sign from the Relative Energy Index (RSI) was much like that proven on the Bollinger Bands. At the moment, the RSI worth climbed above 70.00, inflicting the token to be overbought.
As talked about earlier, this overbought situation precipitated the value to drag again. Moreover, the RSI gave the impression to be trending down, suggesting that the value of BB might proceed to say no within the quick time period.
BounceBit (BB) Worth Evaluation – Transferring Common Divergence
There was beforehand a optimistic shifting common convergence divergence (MACD) on the 4-hour chart. At this level, the information prompt the momentum was bullish. Nonetheless, the timing information from the press confirmed that the indicator has flipped into destructive territory, indicating that BB momentum is now bearish.
Moreover, the 26 EMA (orange) has crossed the 12 EMA (blue), indicating that sellers have begun to take bullish management. If this continues, the value of BB might proceed to fall.
BounceBit (BB) value prediction for 2024
Regardless of BB's present state of affairs, the token's value might attain a brand new excessive in 2024. That is due to the indications proven by the Supertrend. Based mostly on the 4-hour chart, Supetrend's purchase sign was situated at $0.56, indicating that the token value might fall into the area.
Nonetheless, if BB does, it might be time to build up extra earlier than one other uptrend begins. Moreover, the Cash Move Index (MFI) was falling, indicating that promoting stress was intense as capital was being withdrawn from the cryptocurrency.
Nonetheless, there’s a tendency for the MFI worth to achieve 20.00. If that have been the case, BB can be marked as oversold. In consequence, there could possibly be a rebound and the value might rise to $1.99 in 2024.
BounceBit (BB) Worth Prediction – Resistance and Help Ranges
Stable help for BB was $0.31. At this level the token could have damaged. Nonetheless, there was an issue to beat its launch value when the value reached $0.47. This space acted as resistance for the token.
Nevertheless it didn't take lengthy for the bulls to interrupt that resistance and get BB greater. Whereas the value has fallen just lately, it might quickly attempt to commerce greater. To attain this, the cryptocurrency wants to beat one other resistance at $0.75.
BounceBit (BB) value prediction for 2025
Staking and restaking is anticipated to document an excellent stage in 2025. Given the reception the sector could expertise, the BB value may benefit from this. It is usually anticipated to be a bullish yr for altcoins. So the value of BB could possibly be $2.95 in 2025.
BounceBit (BB) value prediction for 2026
By 2026, BB could expertise a decline because the broader market might enter a bearish part. Till then, liquidity available in the market could possibly be low and cryptocurrency costs might fall. For BB, the value might drop to $1.80.
BounceBit (BB) value prediction for 2027
BB's decline might prolong into 2027 because the market could discover it troublesome to bounce again. By the appears of issues, investor sentiment may additionally be bearish. The demand for tokens might subsequently be virtually zero. BB might thus commerce at $0.97.
BounceBit (BB) value prediction for 2028
In 2028, the value of BB is anticipated to rebound from the lows of earlier years. Along with elevated shopping for stress, the token might rise because of the fifth bitcoin (BTC) halving. Altcoin costs often rise throughout this time. So BB might commerce at $4.48.
BounceBit (BB) Worth Prediction 2029
The value of BB might prolong its rise till 2029. Whereas some predictions say the token might attain $10 at the moment, the forecast could not come true. Thus, Coin Version's evaluation confirmed that the value of BB could possibly be $6.70 in 2029
BounceBit (BB) value prediction for 2030
The BB value might rise once more in 2030. This time the pump could possibly be heavier than earlier years and the BounceBit neighborhood could possibly be within the hundreds of thousands. In keeping with our predictions, BB could possibly be value $10 in 2030.
BounceBit (BB) Worth Prediction 2040
The value of BB could expertise important ups and downs between 2030 and 2040. Nonetheless, earlier than the tip of 2040, the value of the token might attain $17.50.
| Minimal value | Common value | Most value |
| $13.04 | $15.89 | $17.50 |
BounceBit (BB) Worth Prediction 2050
Many would anticipate BB to achieve $50 in 2050 given the potential for the broader cryptocurrency to be valued at over $20 trillion. Nonetheless, the token could not attain this level, however its value is anticipated to commerce at $32.
| Minimal value | Common value | Most value |
| $20.20 | $28.65 | $32.00 |
Conclusion
Regardless of being linked to Bitcoin and Ethereum, BounceBit's value could not correlate with ETH and BTC. Nonetheless, this doesn’t imply that the value of BB is not going to enhance.
Nonetheless, anticipating the worth to maneuver on the identical price might imply an enormous loss. Nonetheless, the venture's stable basis and nascent narrative overhaul places BB in an excellent place to carry out nicely sooner or later.
Steadily requested questions
BB is the native token of BounceBit, a BTC resuming venture that’s secured by a Proof-of-Stake (PoS) consensus mechanism.
You should buy BB on exchanges together with Bybit, Binance, KuCoin, Bitget, MEXC and LBank to call a number of.
BB was just lately launched and has averaged 50% revenue since its introduction. With this efficiency, it may be mentioned that BB is an effective funding. Additionally, the truth that its market capitalization was lower than $1 billion means that the value might rise. Nonetheless, token patrons nonetheless must control the developments surrounding the venture earlier than deciding whether or not it’s a good funding or not.
BB's all-time excessive was $0.77 in Could 2024.
BB could attain $1 quickly based mostly on the dynamics it has proven in latest weeks. If the shopping for stress continues to construct, then the value might attain the extent within the subsequent few weeks. But when holders determined to take earnings from the latest achieve, it might take a month to a few for BB to achieve $1.
The utmost provide of BB is 2.1 billion tokens.
Sure, it may beat its present ATH. As talked about earlier, the token's market cap is comparatively low, which implies the value motion might result in new highs quickly.
BB's lowest value was $0.28 in the identical month of Could 2024.
Jack Lu, a Singaporean, is the founding father of BounceBit.
BB was launched in 2024.
You possibly can retailer BB on the change the place you acquire it. However, you too can search for on-line wallets that help token storage if you’d like extra safety. Nonetheless, in the event you intend to carry BB in a {hardware} pockets. You should use Ledger or Trezor.
BB could possibly be value $1.99 in 2024.
In 2025, the value of BB could rise to $2.95.
BB value could possibly be $1.80 in 2026.
By 2027, BB could possibly be valued at $0.97.
The value of BB is anticipated to rebound and attain $4.48 in 2028.
BB value could possibly be $6.70. In 2029.
The value of BB could possibly be $10 in 2030.
In 2024, BB is anticipated to achieve a peak worth of $17.50.
The value of BB could possibly be $32 in 2050
Disclaimer: The knowledge offered on this article is for informational and academic functions solely. This text doesn’t represent monetary recommendation or recommendation of any form. Coin Version shall not be accountable for any losses incurred on account of the usage of mentioned content material, services or products. Readers are suggested to train warning earlier than taking any motion associated to the Firm.
