BOB (Build on Bitcoin) rose 63.62% in 24 hours, reaching a peak of $0.02.

GateNews
BOB-6,09%
BTC-1,53%
ETH-2,2%

According to Gate News Bot, on December 3, CoinMarketCap data shows that as of press time, BOB (Build on Bitcoin) is trading at $0.02, up 63.62% in the past 24 hours, reaching a high of $0.02 and a low of $0.01.

BOB is the gateway to Bitcoin DeFi. BOB’s hybrid chain combines Bitcoin’s unparalleled security with Ethereum’s versatility, unlocking real utility for the world’s most important asset. BOB provides a one-stop Bitcoin DeFi platform, including one-click yield, multi-chain BTC DeFi, native BTC enabled via BitVM, the BOB gateway SDK, and cross-chain swap features. BOB’s hybrid chain technology merges Bitcoin’s security with Ethereum Virtual Machine compatibility, offering ZK proofs, native BTC bridging, and decentralized finance functionality.

Recent key news about BOB:

1️⃣ Token Claim Rate Reaches 83.6%, Indicating Strong Market Demand
BOB token distribution is progressing smoothly, with 83.6% of claimable tokens already claimed, including community sale and airdrop portions. This high claim rate demonstrates strong investor interest in the BOB project, which could be one of the key drivers behind the recent price increase.

2️⃣ Stakers Prefer Long-Term Holding, Reflecting Investor Confidence
Among over 2,500 $BOB stakers, 81% have chosen an 18-month lock-up period. This data reflects the majority of investors’ long-term optimism for the BOB project, helping to reduce short-term selling pressure and support the token price.

3️⃣ Nearly Half of Tokens Locked for 18 Months, Increasing Market Scarcity
48% of staked tokens are locked for 18 months, meaning a significant portion of BOB tokens will be unavailable for circulation for an extended period. Such a locking mechanism may reduce circulating supply and further drive up the token price.

The high BOB token claim rate, investors’ long-term holding tendency, and a large portion of tokens being locked together form the basis for its recent price increase. These factors collectively reflect the market’s positive expectations for the BOB project, which may continue to drive short-term price action. However, investors should closely monitor the project’s ongoing development and changes in the overall cryptocurrency market environment.

This message is not investment advice; please be aware of market volatility risks when investing.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Polymarket: Bitcoin has 61% chance of reaching $60K before $80K

Polymarket data indicates traders anticipate Bitcoin will decline before a significant rise. The probability of BTC reaching $60,000 before $80,000 is now at 61%, reflecting cautious market sentiment amid macro volatility and selling pressure. The possibility of Bitcoin breaking past $80,000 remains, depending on stronger supportive factors.

TapChiBitcoin6m ago

Last week, Bitcoin spot ETF experienced a net inflow of $95.18 million, marking four consecutive weeks of net inflows.

Last week, Bitcoin spot ETF net inflows reached $95.18 million, marking four consecutive weeks of growth. Among them, BlackRock's IBIT had the largest inflows at $191 million, with a total net inflow of $63.26 billion. Fidelity's FBTC experienced net outflows of $50.07 million. In terms of total assets, the current net asset value of Bitcoin spot ETFs is $90.3 billion.

GateNews11m ago

The crypto market is widely declining, with BTC breaking below $68,000, while AI and Meme sectors rally against the trend with gains exceeding 3%

On March 23, the crypto market experienced widespread declines, with Bitcoin and Ethereum falling 1.42% and 1.78% respectively. The RWA sector suffered a significant drop of 4.85%, while AI and Meme sectors bucked the trend with gains of 10.36% and 3.66% respectively. Other sectors showed mixed performance, with overall market sentiment remaining weak.

GateNews55m ago

Michael Saylor Signals Continued Bitcoin Accumulation as Funding Strategy Shifts Toward STRC Preferred Stock

Strategy Executive Chairman Michael Saylor posted on March 22, 2026, that "The Orange March Continues," signaling the company's ongoing Bitcoin accumulation as total holdings reached 761,068 BTC valued at approximately $52.36 billion with an average acquisition cost of $75,696 per coin.

CryptopulseElite59m ago

BTC rises 0.61% in 15 minutes: Whale fund inflows superimposed with futures premium resonance driving

Between 2026-03-23 02:15 and 2026-03-23 02:30 (UTC), BTC yield recorded +0.61%, with prices fluctuating between 67807.1 and 68304.9 USDT, representing a volatility of 0.73%. During this short-term volatility period, market trading activity was robust, with enhanced linkage between spot and futures markets, and sustained volume increase in core trading zones, attracting market attention. The primary driver of this volatility was significant capital inflow from on-chain whale wallets to exchanges during the window period, with approximately 17,184 BTC flowing in within a short timeframe, marking a new monthly high. M

GateNews1h ago

Bitcoin Falls Below $69,000, Derivatives Market Shifts to Defense, Downside Risks Intensify

10x Research analysis points out that Bitcoin has broken below $69,000, marking a shift in market structure. Traders have significantly adjusted positions, with increased futures liquidations and negative funding rates. Options capital flows are moving toward downside protection, signaling hedging demand against downside risks. Meanwhile, market expectations regarding rate increases are diverging from the Federal Reserve's rate-cutting guidance, which could impact risk asset performance.

GateNews1h ago
Comment
0/400
Cryptoglobalhubvip
· 2025-12-03 12:58
that's a great news 📰 thank you for this
Reply0