The encryption market is declining today after Bubb has risen, which is the MIM coin designed over the Binance Smart series (BSC), by 1051 % in 24 hours.
The market value of Bubb amounted to $ 20.44 million, which raised questions about its capabilities and the reason for increasing its height.
Participated founder Binance support Bubb Meme
One of the main incentives to increase the value of Bubb The co -founder of Binance Yi is interaction With the official Meme Coin account on X (previously Twitter). By working This, it has made credibility effectively to the project, and unintentionally encourages investors.
“The increase in the currency today is due to the interaction between Yi and the official account of the Bubb,” a famous user on X male.
A famous user echoed X, Amnesty International, this statement, male This is because it interacted with the official Twitter account and followed it, the market value of BUBB exceeded $ 20 million. This participation has caused BUBB merchants and speculators due to the weight of Binance in the encryption industry.
Data on Coingecko He appears The Bubb Meme currency was traded for $ 0.01762 at the time of writing this report. This represents an increase of approximately 310 % in the past 24 hours.
The mutation is also attributed to the Meme Bubb list list for many encryption exchanges, including Bitmart and ASCENDEX. These new lists have improved BUB’s liquidity and access to them significantly, attracting more buyers and increasing trading volume.
This development, certain According to the official support page of Bitmart, it indicates the increasing institutional recognition of BUBB capabilities.
Moreover, the news of the trader, which turned an investment of $ 304 to $ 482,000, has only fed the crazy of Bob Mim. Based on the data on the series shared by Lokonchain, this trader initially acquired 43.94 million BUBB icons and sold 28.9 million for about 122,000 dollars.
According to what was reported, they still keep 15.64 million code of $ 360,000. This prominent return added 1586X to the noise around Bubb, and attracted more speculative traders in the hope of re -creation of this type of success.
“It turned 304 dollars to $ 482,000 on $ Bubb – the return of 1586X! This trader spent only $ 304 to buy 43.94 meters from BUBB and sell 28.9 million bob bob for 122 thousand dollars, leaving 15.64 meters Bob (360 thousand dollars),” Lokonchain I mentioned.
Bubb developers still have a big offer
According to the data on the series, the developers behind the Bubb are still carrying 2.87 % of the total symbol supply. It is saidThe developers invested only 0.31 BNB at first, in a profit of $ 580,000 so far. This represents a rate of return from 3028X.
It is precisely noticeable, transferred 10 million bobs, or 1 % of the total offer, to the title of the general donation of Hanging Chau. According to the analyst AI, this possible strategic maneuver is to gain additional legitimacy.
The analyst added: “I bought 3.87 % of chips at a low cost of up to $ 0.000004878 and transferred 10 million of them to the title of the general donation of CZ 27 hours ago (represented 1 % of the total), and the rest has not yet been sold.”
Meanwhile, BUBB leads the return of the Meme currency sector. On the scales of the size of the total transactions, BUBB, which works on the BNB series, leads its peers like Mubarak’s symbol.
However, although an indisputable Boba’s increase in an undeniable way, the questions will remain about her sustainability. The relatively low number of unique holders (6,099 addresses to this writing) relates, which indicates that the ownership of the currency is still somewhat focused.
Moreover, the history of Meme currencies indicates that rapid gains precede sharp corrections. However, with the support of major opinion leaders, growing exchange lists, and active society, BUBB can become one of the current lawyers of the coin.
Disintegration
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