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Home»Altcoins»B3 crypto surges over 250% a day after launch, what is B3?
Altcoins

B3 crypto surges over 250% a day after launch, what is B3?

NBTCBy NBTC24/03/2025No Comments3 Mins Read
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B3 rallied over 267% over the past day following its day-one listing on multiple exchanges.

According to data from CoinGecko, B3’s token, with the same ticker, surged to an intraday high of $0.018 on Feb. 12 before settling at $0.0145 per coin, still holding gains of 176% at press time. Since the token became available for trading on Monday, its total gains have extended to roughly 300%.

Over the past 24 hours, B3’s market cap surged by 168%, reaching approximately $301 million, indicating a sharp increase in trading activity. Most of this trading activity for the altcoin occurred on Coinbase, with the crypto exchange contributing 55% of the total trading volume.

The surge follows B3’s day-one listings on major centralized exchanges—including Coinbase, Bybit, and MEXC—on Feb. 10, alongside an airdrop to its community. Decentralized exchanges Aerodrome and Alien Base also supported the launch.

You might also like: Coinbase must face customer lawsuit in New York: Judge

Speculation around B3’s long-term utility may have also contributed to the surge, as B3 stakers are set to receive additional benefits, including access to tokens for dedicated game chains, early access to new games on the network, and other potential rewards.

Traders on X anticipate further upside, with some projecting a climb to $0.03 or even $0.05 in the coming weeks.

#B3 / $COIN / $BASE
.
Something like this
.
Map is out…..this is the beginning, i honeslty think, they will drive this to .03-.05 , dont think it will hold though, but, ill wait until the weekend for all this to take fruition pic.twitter.com/7ZsJK7T7rU

— BringItBack (@crypto_n_more) February 11, 2025

One analyst noted that the token had broken above a symmetrical triangle pattern on the hourly chart, a bullish signal that typically precedes further short-term gains. Based on this breakout, the analyst projected a potential 2-4x returns for traders.

What is B3?

B3 is a layer-3 gaming network built on Base, the Coinbase-incubated Ethereum layer-2 chain. Designed to support the next generation of blockchain gaming, B3 currently hosts 80 games and has attracted over 6 million players.

The network enables dedicated “gamechains,” allowing developers to launch customized chains tailored to individual games, with B3 serving as the ecosystem token.

The project’s tokenomics allocate 34.2% of B3 supply to the community and ecosystem, 23.3% to the team and advisors, 22.5% to the Player1 Foundation for ecosystem development, and 20% to investors.

B3 currently has a circulating supply of more than 21.2 billion tokens, while its total supply stands at 100 billion, according to official documentation.

Team members, advisors, and investors are subject to a one-year cliff, followed by monthly unlocks over three years.

Read more: Kraken may know Satoshi’s identity: Coinbase director


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