CRYPTO MARKET / ASSET
Multibit (MUBI)
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MUBI / USD Conversion
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Overview
$MUBI is designed as a multi-utility token that incentivizes users to contribute to and participate in the ecosystem, ensuring a mutually beneficial system where participants are compensated for their efforts
- Introducing MultiBit: Unlocking BRC20 on EVM Networks
MUBI Blog • May 26, 2023 - Introducing MultiBit: Unlocking BRC20 on EVM Networks
MUBI Blog • May 26, 2023
- 𝗕𝗶𝘁𝗰𝗼𝗶𝗻'𝘀 𝗲𝗰𝗼𝘀𝘆𝘀𝘁𝗲𝗺 𝗶𝘀 𝗮𝗽𝗽𝗿𝗼𝗮𝗰𝗵𝗶𝗻𝗴 𝗮 𝗴𝗿𝗼𝘄𝘁𝗵 𝗶𝗻𝗳𝗹𝗲𝗰𝘁𝗶𝗼𝗻 𝗽𝗼𝗶𝗻𝘁 𝗿𝗲𝗺𝗶𝗻𝗶𝘀𝗰𝗲𝗻𝘁 𝗼𝗳 𝗘𝘁𝗵𝗲𝗿𝗲𝘂𝗺'𝘀 𝘁𝗿𝗮𝗷𝗲𝗰𝘁𝗼𝗿𝘆 𝗶𝗻 𝟮𝟬𝟭𝟳.
Ethereum's ecosystem has flourished through several bull cycles and narratives: the ICO boom in 2017, DeFi Summer in 2020, and NFT mania in 2021.
As of 2024, Bitcoin has a market capitalization of approximately $1.2 trillion, while Ethereum's is around $300 billion. While Ethereum boasts nearly 3,000 decentralized applications (dApps) with about $45 billion in Total Value Locked (TVL), Bitcoin's ecosystem is still emerging, with roughly 50-150 dApps and $440 million in TVL.
Although Bitcoin's ecosystem metrics are currently smaller than Ethereum's, its growth rate is reminiscent of Ethereum's early days. This supports the notion that Bitcoin might be experiencing its "Ethereum 2017 moment."
Key developments driving Bitcoin's ecosystem growth:
• Ordinals have introduced new possibilities for Bitcoin.
• Sidechains are addressing scalability issues.
• Layer 2 solutions are improving transaction throughput.
• Growing TVL and increasing interest from developers.
Bitcoin has historically lagged behind on the "Use Cases" to other L1 chains, due to it's limited programmability and scalability. However, upcoming developments from @opnetbtc and the launch of promising sidechains like @fractal_bitcoin, coupled with market readiness and increased institutional adoption, suggests that rapid changes are on the horizon.
Bitcoin's position as a "Store of Value" makes it an ideal blockchain for building institutionally adopted Decentralized Finance (DeFi) applications. While the user experience may be slower compared to chains like Solana or Ethereum, it encourages long-term strategies rather than short-term plays. This approach is what some, like @bc1plainview, describe as the "SlowFi" season.
Several DeFi applications are currently being built on OP_NET
@MotoswapBTC - AMM DEX
@StashOnBTC - Decentralized borrowing protocol
@BidoOnBTC - Liquid Staking for Bitcoin
@Multibit_Bridge - Bridge
@IchigaiXyz - Aggregator
@kittyswapxyz - Perpetual DEX
@redacted_money - Private Banking for DeFi
@slohmfi - Decentralized Reserve currency
@FjordFoundry - Fundraising Pools
@satbotbtc & @BuyNetBTC - Trading Bots
@OrdinalNovus • September 3, 2024 - “the more capacity a VPP is, the more intererested the grid is start a conversation with them about giving them financial rewards which can ultimately be passed onto the households”
blockchain powered mechanisms provide the perfect incentive infrastructure for decentralizing the grid @wabaorg
@wabaorg • September 3, 2024 - 🔸Larry Fink, the CEO of BlackRock, Bets Tokenization will be 100x Bigger than #Bitcoin
🔸BRC20s and runes are tokenizations on native #bitcoin, with #BTC as underlying trading currency
🔸MultiBit $MUBI tech is by far the most adopted bridge for BRC20s and runes in #BTC ecosystem, more than 450 million usd volume bridged via mubi tech
@Multibit_Bridge • September 3, 2024
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LATOKEN USDT |
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| Wallet Logo | Wallet | Anonymity | User Friendly | Rating |
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Ledger Nano X | HIGH | check | |
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Trezor Wallet | HIGH | check | |
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Enjin Wallet | HIGH | check | |
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Edge | HIGH | check | |
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Waves Wallet | LOW | check | |
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Blockchain Wallet | LOW | check | |
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Bread Wallet | MEDIUM | check | |
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Ledger Nano S | HIGH | check | |
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Coinbase Wallet | LOW | check | |
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Coinjar Wallet | LOW | check | |
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Luno Wallet | LOW | check | |
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Bitgo Wallet | MEDIUM | check | |
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Circle Invest | LOW | check | |
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Ethereum Mist Wallet ÐApp | MEDIUM | check | |
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KeepKey Wallet | MEDIUM | check | |
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SpectroCoin | LOW | check | |
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Coin Wallet | HIGH | check | |
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CoolWallet | MEDIUM | check | |
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Jaxx Wallet | HIGH | check | |
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Zebpay | MEDIUM | check | |
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CoinCorner | LOW | check | |
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EtherLi Wallet | MEDIUM | check | |
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MyEtherWallet | HIGH | check | |
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Ethereum Freewallet | HIGH | check | |
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SingularDTV Light Wallet | HIGH | check | |
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Etherwall | HIGH | check | |
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MetaMask | HIGH | check | |
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Gatehub | LOW | check | |
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Bitpanda | LOW | check | |
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Bitinka | MEDIUM | check | |
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CoinSpot | MEDIUM | check | |
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Carbon Wallet | MEDIUM | check | |
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vSlice Wallet | HIGH | check | |
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Mobi | LOW | check | |
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Nuri | MEDIUM | check | |
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Blockchains.my | MEDIUM | check | |
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Ethereum Wallet | HIGH | check |
Time Ranges
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24h USD Activity
| SPOT MOVING CHANGE | $-0.0011023399 -4.12% |
|---|---|
| SPOT MOVING QUOTE VOLUME | $3,172,613.85 |
| SPOT MOVING QUOTE USD VOLUME | $143,457.78 |
| TOTAL MARKET CAP | $23,665,731.72 |
Supply & Distribution
| SUPPLY | |
|---|---|
| ISSUED | 922,650,311 (100%) |
| TOTAL CURRENT | 922,650,311 |
| DISTRIBUTION | |
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| ● BURNT | 0 |
Specification
| LAUNCHED | 07/11/2023 |
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| TOTAL CURRENT SUPPLY | 922,650,311 |
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Publications & Reports
| WHITEPAPER system_update_alt The official MUBI Whitepaper |
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| AUDIT system_update_alt Salus - Code Security Assessment 2023-05-31 |
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Top Cryptos: Gainers (24H)
-
Puffer PUFFER$0.5747▲ 49.79% +$0.19 (24H) -
QuarkChain QKC$0.01603▲ 43.57% +$0.0049 (24H) -
Alpha Quark Token AQT$1.64▲ 25.20% +$0.33 (24H) -
EigenLayer EIGEN$3.55▲ 16.54% +$0.50 (24H) -
Celestia TIA$8.35▲ 11.35% +$0.85 (24H) -
Goatseus Maximus GOAT$0.8295▲ 10.18% +$0.077 (24H) -
Algorand ALGO$0.2918▲ 10.35% +$0.027 (24H) -
Aave AAVE$192.29▲ 9.80% +$17.16 (24H)
Top Cryptos: Losers (24H)
-
Mossland MOC$0.1196▼ -17.71% -$0.026 (24H) -
Power Ledger POWR$0.3355▼ -16.71% -$0.067 (24H) -
Golem Network Token GLM$0.4827▼ -15.23% -$0.087 (24H) -
aelf ELF$0.5605▼ -12.81% -$0.082 (24H) -
Worldwide Asset eXchange WAXP$0.05181▼ -8.61% -$0.0049 (24H) -
OG Fan Token OG$5.66▼ -7.27% -$0.44 (24H) -
The Sandbox SAND$0.6043▼ -5.63% -$0.036 (24H) -
dogwifhat WIF$3.06▼ -5.48% -$0.18 (24H)
Top Cryptos: Gainers (24H)
- Puffer PUFFER$0.5747▲ 49.79% +$0.19 (24H) QuarkChain QKC$0.01603▲ 43.57% +$0.0049 (24H) Alpha Quark Token AQT$1.64▲ 25.20% +$0.33 (24H) EigenLayer EIGEN$3.55▲ 16.54% +$0.50 (24H)
- Celestia TIA$8.35▲ 11.35% +$0.85 (24H) Goatseus Maximus GOAT$0.8295▲ 10.18% +$0.077 (24H) Algorand ALGO$0.2918▲ 10.35% +$0.027 (24H) Aave AAVE$192.29▲ 9.80% +$17.16 (24H)
Top Cryptos: Losers (24H)
- Mossland MOC$0.1196▼ -17.71% -$0.026 (24H) Power Ledger POWR$0.3355▼ -16.71% -$0.067 (24H) Golem Network Token GLM$0.4827▼ -15.23% -$0.087 (24H) aelf ELF$0.5605▼ -12.81% -$0.082 (24H)
- Worldwide Asset eXchange WAXP$0.05181▼ -8.61% -$0.0049 (24H) OG Fan Token OG$5.66▼ -7.27% -$0.44 (24H) The Sandbox SAND$0.6043▼ -5.63% -$0.036 (24H) dogwifhat WIF$3.06▼ -5.48% -$0.18 (24H)