A major reason behind this surge is Binance Co-founder Yi He’s engagement with BUBB’s official X (formerly Twitter) account. Her interaction sparked investor confidence, with many seeing it as an indirect endorsement. A popular crypto user, Ai, highlighted that Yi He’s follow boosted BUBB’s market value past $20 million.
According to CoinGecko, BUBB was trading at $0.01762 at the time of writing, reflecting a 310% rise in a day. The listing of BUBB on exchanges like BitMart and AscendEX has also contributed to the surge, improving liquidity and drawing in more buyers.
Adding to the hype, a trader reportedly turned a $304 investment into $482,000. On-chain data from Lookonchain reveals this trader initially bought 43.94 million BUBB tokens, later selling 28.9 million for $122,000 while still holding 15.64 million worth around $360,000.
Developers of BUBB still control 2.87% of the token supply. Reports suggest they started with just 0.31 BNB and have profited about $580,000. Notably, they moved 10 million BUBB to Changpeng Zhao’s public donation address, possibly for legitimacy.
Despite the rapid growth, concerns remain about sustainability. With only 6,099 unique holders, ownership remains concentrated. While BUBB leads the meme coin sector, history suggests such gains can be followed by sharp corrections.
