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Nattosheru
May 3, 2024
What is happening recently with the BBS token?What is happening recently with the BBS token?

Hello BBSer's. It's been a while since we did a little bit of analysis on the price of the platform's native token. And, of course, being without any updates about the project, the partnership offer they have from Roundtable and the strange bugs the platform is having that generates AI text in uploaded videos, the few of us here are still the same as we were almost a year ago. We are still waiting for more news about the future of BBS Network, but apparently there are signs that something is coming.

Information pulled at the time of writing this post from the "About" part of the Board at the bottom.Information pulled at the time of writing this post from the "About" part of the Board at the bottom.

Let's talk then about the BBS token, which is currently at $0.023 cents (information pulled at the time of writing this post from the "About" part of the Board at the bottom). If we look at it on CMC, we realize that it has managed to hold very well for 2 cents in these last few months, which is uka surprise, considering that the project and the platform are bleak.

We can notice in this graph how the price has risen in the last year, going from $0.005 to $0.021 cents.We can notice in this graph how the price has risen in the last year, going from $0.005 to $0.021 cents.

In the following chart we pulled from TradingView, we can see that the BBS token managed to touch twice the ceiling it has between $0.023 and currently it has been holding up very well between $0.020 and $0.021. The surprising thing is that you can notice an uptrend in the token over this last year, seeing that it went from being worth $0.005 cents in October last year to achieving $0.023 cents just recently.

The price of the BBS token has risen 29% in the last year. The price of the BBS token has risen 29% in the last year. 

Now the question is: where is this money coming from? Who are the ones pumping liquidity into it and buying the token today? Is it the same Roundtable or Eyal trying to keep the price of the token alive near its launch value? These are doubts that we can ask ourselves now with the current situation of the project, which is in pause, and the platform that has less visits and active users every day than before.

Currently, BBS Network does not have even 500 active ubique users. Currently, BBS Network does not have even 500 active ubique users. 

What is Eyal doing in the shadows? What happened to the partnership with Roundtable? Is the latter the reason for the current rise in the price of the BBS token? Let me know what you think in the comments.

All the best.

By: Nattosheru.

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