Coinbase Wrapped BTC

$CBBTC

$61,966.00

0.77%

What is Coinbase Wrapped BTC?

Coinbase Wrapped BTC ("cbBTC") is a token that is backed 1:1 by native Bitcoin (BTC) held by Coinbase, meaning that for all cbBTC in circulation, there is an equivalent amount of BTC held in a secure custody solution (including cold storage) provided by Coinbase. Wrapped assets, like cbBTC, are transferable tokens that are redeemable for the underlying asset. Coinbase customers can unwrap cbBTC an Read more

Coinbase Wrapped BTC ("cbBTC") is a token that is backed 1:1 by native Bitcoin (BTC) held by Coinbase, meaning that for all cbBTC in circulation, there is an equivalent amount of BTC held in a secure custody solution (including cold storage) provided by Coinbase. Wrapped assets, like cbBTC, are transferable tokens that are redeemable for the underlying asset. Coinbase customers can unwrap cbBTC and redeem a corresponding amount of the underlying BTC simply by depositing the cbBTC into their Coinbase accounts. cbBTC is built to be seamlessly compatible with DeFi applications, giving customers the option to tap into DeFi and unlock financial utility. cbBTC removes a key point of friction by allowing customers to use Bitcoin they already hold in new ways onchain. cbBTC is built to be seamlessly compatible with DeFi applications, so users can now tap into novel DeFi use cases like providing their Bitcoin as liquidity to DeFi protocols, using it as collateral to borrow other crypto assets, or spending it as a payment method. Wrapped assets like cbBTC are a mature concept in the crypto world, helping to bring more liquid assets onchain and facilitate an expansive financial ecosystem.

What is Coinbase Wrapped BTC?

Coinbase Wrapped BTC ("cbBTC") is a token that is backed 1:1 by native Bitcoin (BTC) held by Coinbas Read more

Coinbase Wrapped BTC ("cbBTC") is a token that is backed 1:1 by native Bitcoin (BTC) held by Coinbase, meaning that for all cbBTC in circulation, there is an equivalent amount of BTC held in a secure custody solution (including cold storage) provided by Coinbase. Wrapped assets, like cbBTC, are transferable tokens that are redeemable for the underlying asset. Coinbase customers can unwrap cbBTC and redeem a corresponding amount of the underlying BTC simply by depositing the cbBTC into their Coinbase accounts. cbBTC is built to be seamlessly compatible with DeFi applications, giving customers the option to tap into DeFi and unlock financial utility. cbBTC removes a key point of friction by allowing customers to use Bitcoin they already hold in new ways onchain. cbBTC is built to be seamlessly compatible with DeFi applications, so users can now tap into novel DeFi use cases like providing their Bitcoin as liquidity to DeFi protocols, using it as collateral to borrow other crypto assets, or spending it as a payment method. Wrapped assets like cbBTC are a mature concept in the crypto world, helping to bring more liquid assets onchain and facilitate an expansive financial ecosystem.

Community Score

D 40
Follower
6,081,608 (#15)
0% 7D
Activity
42/100
5% 7D
Sentiment
Neutral
Follower
331 (#2562)
14.14% 7D
Activity
42/100
5% 7D
Sentiment
Neutral
Follower
144 (#3333)
0% 7D
Activity
0/100
5% 7D
Sentiment
Neutral

💥 Rapid Growth

The community is experiencing rapid growth.

🟢 Healthy Organic Growth

The follower growth appears organic and healthy.

Be the first to know about suspicious activities around your watchlist's coins.

🔔 Get Anomaly Alerts

Market Cap

$362.11M

Fully Diluted Valuation

$362.11M

Volume 24h

$108.82M

All Time High Sep 27 2024

$66.49K 6.96%

ATH Circulating Supply

$5.84K

Total Supply

$5.84K

Max Supply

$0.00

All Time Low Sep 12 2024

$57.44K 8%

Channels Rank Followers Posts/Day Comments/Posts Active Users
Twitter
@coinbase
#5 6,081,133 4.33 119.62
Coingecko
@Coinbase Wrapped BTC (CBBTC)
#2562 331

Community Score

D 40

Coinbase Wrapped BTC's community is presently marked with a 'D' grade, suggesting a modest interaction-to-follower ratio. It has a substantial follower base and and recent growth. The community has an average activity level along with a predominantly neutral sentiment among its members.


Community Metrics

Followers
6.1M
Largest
Follower
Growth (30d)
+12.41%
Rapid Growth
Sentiment
0/100
Neutral
Activity
42/100
-5%
The key metrics for this community indicate stability and healthy engagement, with no anomalies detected.
Development 24 h 7 d 14 d 30 d
Price 0.77% 1.42% 2.93% %
Follower 0.02% 0% 0.06% 12.41%

Daily Social Panel

Daily relevant Posts from Twitter, Telegram and Reddit ranked by our Smart Relevance Score.

2024-10-08 21:04
Never miss a market move. Custom price alerts are now live on the @coinbase app. https://t.co/SyROBHsIYr
48
Score 0

Coinbase Wrapped BTC

$CBBTC

$61,966.00

0.77%

What is Coinbase Wrapped BTC?

Coinbase Wrapped BTC ("cbBTC") is a token that is backed 1:1 by native Bitcoin (BTC) held by Coinbase, meaning that for all cbBTC in circulation, there is an equivalent amount of BTC held in a secure custody solution (including cold storage) provided by Coinbase. Wrapped assets, like cbBTC, are transferable tokens that are redeemable for the underlying asset. Coinbase customers can unwrap cbBTC an Read more

Coinbase Wrapped BTC ("cbBTC") is a token that is backed 1:1 by native Bitcoin (BTC) held by Coinbase, meaning that for all cbBTC in circulation, there is an equivalent amount of BTC held in a secure custody solution (including cold storage) provided by Coinbase. Wrapped assets, like cbBTC, are transferable tokens that are redeemable for the underlying asset. Coinbase customers can unwrap cbBTC and redeem a corresponding amount of the underlying BTC simply by depositing the cbBTC into their Coinbase accounts. cbBTC is built to be seamlessly compatible with DeFi applications, giving customers the option to tap into DeFi and unlock financial utility. cbBTC removes a key point of friction by allowing customers to use Bitcoin they already hold in new ways onchain. cbBTC is built to be seamlessly compatible with DeFi applications, so users can now tap into novel DeFi use cases like providing their Bitcoin as liquidity to DeFi protocols, using it as collateral to borrow other crypto assets, or spending it as a payment method. Wrapped assets like cbBTC are a mature concept in the crypto world, helping to bring more liquid assets onchain and facilitate an expansive financial ecosystem.

What is Coinbase Wrapped BTC?

Coinbase Wrapped BTC ("cbBTC") is a token that is backed 1:1 by native Bitcoin (BTC) held by Coinbas Read more

Coinbase Wrapped BTC ("cbBTC") is a token that is backed 1:1 by native Bitcoin (BTC) held by Coinbase, meaning that for all cbBTC in circulation, there is an equivalent amount of BTC held in a secure custody solution (including cold storage) provided by Coinbase. Wrapped assets, like cbBTC, are transferable tokens that are redeemable for the underlying asset. Coinbase customers can unwrap cbBTC and redeem a corresponding amount of the underlying BTC simply by depositing the cbBTC into their Coinbase accounts. cbBTC is built to be seamlessly compatible with DeFi applications, giving customers the option to tap into DeFi and unlock financial utility. cbBTC removes a key point of friction by allowing customers to use Bitcoin they already hold in new ways onchain. cbBTC is built to be seamlessly compatible with DeFi applications, so users can now tap into novel DeFi use cases like providing their Bitcoin as liquidity to DeFi protocols, using it as collateral to borrow other crypto assets, or spending it as a payment method. Wrapped assets like cbBTC are a mature concept in the crypto world, helping to bring more liquid assets onchain and facilitate an expansive financial ecosystem.

Development 24 h 7 d 14 d 30 d
Price 0.77% 1.42% 2.93% %
Follower 0.02% 0% 0.06% 12.41%

Market Cap

$362.11M

Fully Diluted Valuation

$362.11M

Volume 24h

$108.82M

All Time High Sep 27 2024

$66.49K 6.96%

ATH Circulating Supply

$5.84K

Total Supply

$5.84K

Max Supply

$0.00

All Time Low Sep 12 2024

$57.44K 8%

Channels Rank Followers Posts/Day Comments/Posts Active Users
Twitter
@coinbase
#5 6,081,133 4.33 119.62
Coingecko
@Coinbase Wrapped BTC (CBBTC)
#2562 331

Community Score

D 40
Follower
6,081,608 (#15)
0% 7D
Activity
42/100
5% 7D
Sentiment
Neutral
Follower
331 (#2562)
14.14% 7D
Activity
42/100
5% 7D
Sentiment
Neutral
Follower
144 (#3333)
0% 7D
Activity
0/100
5% 7D
Sentiment
Neutral

💥 Rapid Growth

The community is experiencing rapid growth.

🟢 Healthy Organic Growth

The follower growth appears organic and healthy.

Be the first to know about suspicious activities around your watchlist's coins.

🔔 Get Anomaly Alerts

Daily Social Panel

Daily relevant Posts from Twitter, Telegram and Reddit ranked by our Smart Relevance Score.

2024-10-08 21:04
Never miss a market move. Custom price alerts are now live on the @coinbase app. https://t.co/SyROBHsIYr
48
Score 0


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