Gate News Bot message, on November 21, according to CoinMarketCap data, as of the time of writing, BOB (BOB (Build on Bitcoin)) is currently priced at $0.02, with a fall of 23.51% in the last 24 hours, a high of $0.03, and a low of $0.01. The current market capitalization is approximately $437,000, a decrease of about $13,421,800 compared to yesterday.
Important news about BOB recently:
1️⃣ Token Generation Event (TGE) Completed
BOB conducted its Token Generation Event (TGE) on November 20, officially issuing its native token. The initial airdrop accounts for 4.15% of the total supply, with 2.15% allocated to eligible addresses that participated in the BOB ecosystem and other activities, and an additional 2% as a lock-up reward, which requires staking BOB tokens for 3 months, 6 months, or 18 months.
2️⃣ Gate launches BOB spot trading
Gate will launch the BOB/USDT trading pair on November 20 at 20:30 (UTC+8), providing an important liquidity channel for BOB. This marks BOB's official entry into the mainstream cryptocurrency trading market, helping to increase its market exposure and trading activity.
3️⃣ Token Economic Model Announcement
BOB has announced its token economic model, with a total supply of 10 billion tokens. Of this, 50.91% is allocated to the community and ecosystem, 10% to the BOB Foundation, 20.09% to early supporters, and 19% reserved for core contributors. This allocation method aims to balance ecological development, team incentives, and investor interests.
The BOB project is committed to building a Bitcoin DeFi ecosystem, using hybrid chain technology, combining ZK zero-knowledge proofs and BTC staking. However, in the short term, the BOB price has experienced a significant fall, which may be related to profit-taking after its initial listing, fluctuations in market sentiment, and other factors. Investors need to closely monitor the project's subsequent developments and market dynamics.
This message does not constitute investment advice; investors should be aware of market volatility risks.
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
Bitcoin Depot Emergency Leadership Change! Former Speedway Money CEO Takes Over to Address Regulatory Storm and Revenue Decline
Bitcoin ATM operator Bitcoin Depot announced the appointment of new CEO Alex Holmes in a management restructuring, emphasizing efforts to address an increasingly strict regulatory environment. The company faces investigations and penalties from multiple states, has lowered performance expectations, and seen significant stock price declines. This move demonstrates its response strategy in compliance and business transformation.
GateNewsJust Now
South Korea Records 60 Billion USD Crypto Outflows, Domestic Exchange Profits Plummet
In the second half of 2025, South Korea experienced a $60 billion outflow of crypto capital, mainly driven by arbitrage and cross-border trading. Domestic participation grew with increased accounts and deposits, yet exchange profits and trading volume declined, highlighting regulatory impacts.
TapChiBitcoin18m ago
Yesterday, US Bitcoin spot ETF net inflows were $7.77 million, with Fidelity FBTC inflows of $83.34 million.
Gate News: On March 26, according to monitoring by crypto analyst Trader T, US Bitcoin spot ETFs saw net inflows of 7.77 million USD on March 25. Specifically, BlackRock's IBIT saw net outflows of 70.75 million USD, Fidelity's FBTC saw net inflows of 83.34 million USD, and Ark Invest's ARKB saw net outflows of 4.82 million USD.
GateNews35m ago
CryptoQuant: Strategy-Led Enterprise BTC Reserve Demand, Other Institutional Participation Drops 99% Year-over-Year
CryptoQuant data shows that over the past 30 days, Strategy has accumulated approximately 45,000 BTC in purchases, while other companies have only purchased around 1,000 BTC, a decline of approximately 99%. Strategy holds 76% of corporate bitcoin reserves, indicating a lack of enterprise-level BTC demand in the market and an imbalanced institutional participation landscape.
GateNews37m ago
