Coinbase Wrapped BTC

$CBBTC

$97,128.00

4.03%

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.

Sectors:
1 New Partnerships (Last 90d)
Partner: @iyk_app - Connecting physical objects to the digital world ✦ ✶ ✷ ✸ ✹ ✺
Announcement Date: 2024-11-14
Followers: 12,696

The winner will also get a 1-of-1 authentication NFT, created in partnership with @iyk_app—only accessible through an NFC chip in the jacket’s sleeve.
Go To Tweet →
12.70K Followers

Community Score

D 40
Follower
6,145,926 (#20)
0.61% 7D
Activity
67/100
3% 7D
Sentiment
Neutral
Follower
984 (#2578)
21.63% 7D
Activity
67/100
3% 7D
Sentiment
Neutral
Follower
144 (#3642)
0% 7D
Activity
0/100
3% 7D
Sentiment
Neutral

💥 Rapid Growth

The community is experiencing rapid growth.

🟢 Healthy Organic Growth

The follower growth appears organic and healthy.

🎁 Recent Giveaway Impact

Current boost in engagement might be due to a recent giveaway. This could be temporary and not indicate sustainable growth.

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

🔔 Get Anomaly Alerts

Market Cap

$1.56B

Fully Diluted Valuation

$1.56B

Volume 24h

$441.91M

All Time High Nov 21 2024

$97.75K 0.79%

ATH Circulating Supply

$16.10K

Total Supply

$16.10K

Max Supply

$0.00

All Time Low Sep 12 2024

$57.44K 69%

Channels Rank Followers Posts/Day Comments/Posts Active Users
Twitter
@coinbase
#5 6,144,798 9.00 654.33
Coingecko
@Coinbase Wrapped BTC (CBBTC)
#2578 984

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 a stagnant growth. The community is among the most active along with a predominantly neutral sentiment among its members.


Community Metrics

Followers
6.1M
Largest
Follower
Growth (30d)
+0.85%
Stagnant
Sentiment
0/100
Neutral
Activity
67/100
+3%
Note: A previous giveaway could have led to a short-term boost in activity, not necessarily indicative of the community's long-term engagement.
Development 24 h 7 d 14 d 30 d
Price 4.03% 6.65% 29.62% 44.19%
Follower 0% 0.61% 0.78% 0.85%

Daily Social Panel

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

Unfortunately, we do not have access to postings within this community at this time. If you have noticed that we do not connect all channels of the community, please let us know via the contact form.
Thank you for your support!

Coinbase Wrapped BTC

$CBBTC

$97,128.00

4.03%

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.

Sectors:
1 New Partnerships (Last 90d)
Partner: @iyk_app - Connecting physical objects to the digital world ✦ ✶ ✷ ✸ ✹ ✺
Announcement Date: 2024-11-14
Followers: 12,696

The winner will also get a 1-of-1 authentication NFT, created in partnership with @iyk_app—only accessible through an NFC chip in the jacket’s sleeve.
Go To Tweet →
12.70K Followers
Development 24 h 7 d 14 d 30 d
Price 4.03% 6.65% 29.62% 44.19%
Follower 0% 0.61% 0.78% 0.85%

Market Cap

$1.56B

Fully Diluted Valuation

$1.56B

Volume 24h

$441.91M

All Time High Nov 21 2024

$97.75K 0.79%

ATH Circulating Supply

$16.10K

Total Supply

$16.10K

Max Supply

$0.00

All Time Low Sep 12 2024

$57.44K 69%

Channels Rank Followers Posts/Day Comments/Posts Active Users
Twitter
@coinbase
#5 6,144,798 9.00 654.33
Coingecko
@Coinbase Wrapped BTC (CBBTC)
#2578 984

Community Score

D 40
Follower
6,145,926 (#20)
0.61% 7D
Activity
67/100
3% 7D
Sentiment
Neutral
Follower
984 (#2578)
21.63% 7D
Activity
67/100
3% 7D
Sentiment
Neutral
Follower
144 (#3642)
0% 7D
Activity
0/100
3% 7D
Sentiment
Neutral

💥 Rapid Growth

The community is experiencing rapid growth.

🟢 Healthy Organic Growth

The follower growth appears organic and healthy.

🎁 Recent Giveaway Impact

Current boost in engagement might be due to a recent giveaway. This could be temporary and not indicate sustainable growth.

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.

Unfortunately, we do not have access to postings within this community at this time. If you have noticed that we do not connect all channels of the community, please let us know via the contact form.
Thank you for your support!



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