The $BB token dragged its investors through the mud for months. Even when it was rising, it didn't rise. Today, it experienced a sharp 40% increase. Then, within hours, news broke:
"An authorization vulnerability was exploited on BounceBit Chain. 286.5 million $BB tokens were transferred. Because of this, the team has permanently suspended BounceBit Chain's operations."
Following the news, there was a sharp drop. Many investors were once again victimized. Now it's trying to recover from where it fell. A token that has become a plaything for influencers... The most marketed token on social media. What's special about it? Nothing...
Half of its supply is in circulation; there are still 850 million tokens awaiting unlocking. Why did they praise this token? Who transferred 286.5 million BB tokens? Who increased its price by over 40% beforehand? They boosted it with FOMO. They brought it down to the bottom again with a news item. Now they'll say they've fixed it and raise it again. Then it will hit the bottom again. It's a shame... I'm surprised people are interested in projects like this when there are decentralized projects like LUNC. There are so many major altcoins. Why are they promoting tokens like BB instead of those?
Look at its weekly chart. There's still 45% of the supply to be released. Despite that, look how much it's fallen...
#BounceBit #BB #Crypto $BB
"An authorization vulnerability was exploited on BounceBit Chain. 286.5 million $BB tokens were transferred. Because of this, the team has permanently suspended BounceBit Chain's operations."
Following the news, there was a sharp drop. Many investors were once again victimized. Now it's trying to recover from where it fell. A token that has become a plaything for influencers... The most marketed token on social media. What's special about it? Nothing...
Half of its supply is in circulation; there are still 850 million tokens awaiting unlocking. Why did they praise this token? Who transferred 286.5 million BB tokens? Who increased its price by over 40% beforehand? They boosted it with FOMO. They brought it down to the bottom again with a news item. Now they'll say they've fixed it and raise it again. Then it will hit the bottom again. It's a shame... I'm surprised people are interested in projects like this when there are decentralized projects like LUNC. There are so many major altcoins. Why are they promoting tokens like BB instead of those?
Look at its weekly chart. There's still 45% of the supply to be released. Despite that, look how much it's fallen...
#BounceBit #BB #Crypto $BB