B3 token shows substantial growth after its first-day listing on major exchanges including Coinbase, Bybit, and MEXC.
Listing and Initial Results
According to CoinGecko, B3 token reached an intraday high of $0.018 on February 12 before adjusting to $0.0145. Its total gains on the first day extended to roughly 300%. B3's market cap surged to $301 million, indicating a sharp increase in trading activity, with Coinbase accounting for 55% of total trading volume.
Speculations and Predictions
Speculation surrounding B3's long-term utility may also be boosting the token's value. Traders on X anticipate further upside, projecting growth to $0.03 or even $0.05 in the coming weeks. An analyst noted that the token broke above a symmetrical triangle pattern on the hourly chart, a bullish indicator that typically precedes short-term gains.
What is B3?
B3 is a layer-3 gaming network built on Base, the Coinbase-incubated Ethereum layer-2 chain. Currently, the network hosts 80 games and has attracted over 6 million players. The project's tokenomics allocate 34.2% of the supply to the community and ecosystem, 23.3% to the team and advisors, 22.5% to the Player1 Foundation, and 20% to investors. B3 has a circulating supply of more than 21.2 billion tokens.
The B3 token demonstrates high growth potential, supported by its listing on major exchanges and investor interest, positioning it as a notable player in the cryptocurrency landscape.
