Avalanche Bridged BTC (ABTC) is an innovative integration that brings the value of Bitcoin to the Avalanche ecosystem, offering users faster transaction speeds and lower fees compared to traditional networks. This bridge not only enhances liquidity within the Avalanche platform but also enables users to participate in decentralized finance opportunities seamlessly. As the demand for interoperability between different blockchain ecosystems grows, ABTC stands out as a significant player, facilitating effortless asset transfers while leveraging Avalanche’s robust infrastructure.
more informationApeCoin is a digital currency designed to support the burgeoning ecosystem surrounding the popular Bored Ape Yacht Club NFTs. Its primary aim is to facilitate transactions, governance, and interactions within the decentralized web space while bringing added utility to the ape-themed digital community. By leveraging a robust community and innovative technology, ApeCoin aspires to create a unique blend of culture and finance in the world of cryptocurrencies.
more informationGeneral Information |
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Title
Avalanche Bridged BTC (Avalanche)
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Title
ApeCoin
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Symbol
btc.b
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Symbol
ape
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Whitepaper
-
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Whitepaper
-
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Website
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Website
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Community
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Community
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Last Updated
2025-01-21 23:51
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Last Updated
2025-01-21 23:51
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Price Data |
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Current Price $
105807
$
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Current Price $
1.022
$
|
High 24h
107037
$
|
High 24h
1.049
$
|
Low 24h
100536
$
|
Low 24h
0.948027
$
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Price Change 24h
3731.65
$
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Price Change 24h
0.02862837
$
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Price Change % 24h
3.65578
%
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Price Change % 24h
2.88098
%
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Market Data |
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Market Cap
547218046
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Market Cap
737425572
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Total Volume
27951528
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Total Volume
129323016
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Market Cap Change 24h
-7339409.1688356
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Market Cap Change 24h
11841210
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Market Cap Change % 24h
-1.32347
%
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Market Cap Change % 24h
1.63196
%
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Return on Investment (ROI)
-
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Return on Investment (ROI)
-
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Supply and Availability |
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Circulating Supply
5167.77806002
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Circulating Supply
721448863
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Total Supply
5167.77806002
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Total Supply
1000000000
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Max Supply
-
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Max Supply
1000000000
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Historical Data |
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All Time High (ATH)
108820
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All Time High (ATH)
26.7
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ATH Change %
-2.65204
%
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ATH Change %
-96.16422
%
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ATH Date
2025-01-20 07:22
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ATH Date
2022-04-28 21:44
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All Time Low (ATL)
7806.11
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All Time Low (ATL)
0.482009
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ATL Change %
1257.06398
%
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ATL Change %
112.45103
%
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ATL Date
2023-03-03 05:01
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ATL Date
2024-08-05 06:45
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Avalanche Bridged BTC, symbolized as btc.b, is a novel asset within the Avalanche ecosystem that allows users to leverage Bitcoin's liquidity while simultaneously benefiting from Avalanche's high-speed, low-cost transactions. As a wrapped version of Bitcoin, Avalanche Bridged BTC aims to combine the strengths of both networks, making it an intriguing option for crypto enthusiasts and investors alike.
Since its inception, Avalanche Bridged BTC has shown significant growth, reflecting the overall trend of increasing interest in decentralized finance (DeFi) and Layer 1 solutions. The all-time high (ATH) for btc.b was recorded at $74,554 on March 14, 2024. This represented a striking rise in value, especially when compared to its all-time low (ATL) of $7,806.11, which occurred on March 3, 2023. This dramatic fluctuation highlights the volatility inherent in cryptocurrency markets, particularly for wrapped assets that can oscillate significantly based on demand and network activity.
One of the key advantages of Avalanche Bridged BTC is the ability to access Bitcoin's value within a more efficient and user-friendly DeFi environment. Users can capitalize on Avalanche's rapid transaction speeds and lower fees, facilitating smoother trading and investing experiences. Additionally, by bridging Bitcoin to Avalanche, users can tap into the myriad of DeFi applications available on the platform, including lending, borrowing, and yield farming. Moreover, being backed by Bitcoin lends btc.b a level of trust and recognition that can attract more users into the Avalanche ecosystem.
However, there are also challenges associated with Avalanche Bridged BTC. One of the primary concerns for potential investors is the reliance on the Avalanche network's security and stability. Any significant disruptions or compromises to the network could adversely affect the value and usability of btc.b. Furthermore, the wrapped nature of the asset may lead to liquidity risks, as the bridging process could slow down or create operational challenges during times of high demand. Additional considerations include the complexities surrounding interoperability and the potential for centralization risks associated with the bridge itself.
Looking ahead, the future of Avalanche Bridged BTC appears promising, especially with the growing acceptance of DeFi solutions and cross-chain functionalities. As more users become interested in leveraging Bitcoin's value within faster transaction frameworks, btc.b could see increased adoption. Furthermore, with Avalanche continually developing and optimizing its protocols and ecosystem, the potential for new use cases and applications will likely enhance the appeal of bridging Bitcoin with Avalanche.
Avalanche Bridged BTC represents a compelling intersection of Bitcoin's stability and Avalanche's innovative capabilities. While it offers numerous advantages, including improved transaction efficiency and access to a booming DeFi space, potential investors should remain aware of the associated risks. As the cryptocurrency landscape continues to evolve, the prospects for btc.b will be shaped not only by market dynamics but also by technological advancements and user adoption within the broader blockchain ecosystem.
ApeCoin (APE) is a cryptocurrency that has captured the interest of both newcomers and seasoned investors in the ever-evolving world of digital assets. Created as the native utility token for the Ape ecosystem, ApeCoin aims to empower decentralized communities and support various applications within its ecosystem. As we delve deeper into the specifics of ApeCoin, we'll explore its unique characteristics, historical performance, potential advantages, and potential drawbacks.
ApeCoin is intrinsically linked to the Bored Ape Yacht Club (BAYC), a highly popular collection of NFT art. The coin was designed to serve as a governance and utility token within the ecosystem, which includes the members-only club, decentralized projects, and future expansions. Being a part of the BAYC community provides holders with access to exclusive benefits, including ticketed events, digital access, and merchandise.
One of the primary advantages of ApeCoin is its strong brand recognition and community engagement. Its connection to the highly reputable Bored Ape Yacht Club delivers instant credibility and a built-in user base who are actively involved in the ecosystem. Additionally, ApeCoin's decentralized nature allows for community-driven decision-making, helping to foster a democratic approach to project development and allocation of funds.
Despite its advantages, ApeCoin is not without its challenges and risks. Like many cryptocurrencies, ApeCoin has experienced significant volatility, with price fluctuations that can pose risks to investors. Its reliance on the cultural and commercial success of the Bored Ape Yacht Club means that any negative press or waning interest in the NFT community could adversely affect ApeCoin's value and adoption. Furthermore, with its all-time high of $26.70 and a current price significantly lower at $1.16, some investors might be concerned about its potential for value recovery.
Since its introduction, ApeCoin has undergone a turbulent journey. Its all-time high was achieved in April 2022, with the token reaching an impressive $26.70. Since then, the coin has faced a downfall, with its price decreasing by approximately 95.62% from the all-time high. However, from its lowest price point of $0.482009 in August 2024, ApeCoin stakeholders have witnessed a notable rebound of about 142.67%.
The future of ApeCoin largely depends on the strategic direction of the Ape ecosystem and its ability to diversify its utility beyond the NFT market. There is potential for growth if ApeCoin continues to innovate and integrate with new decentralized applications, enhance interoperability, and leverage the evolving capabilities of blockchain technology. Additionally, increasing governance participation and reward mechanisms could play a pivotal role in building trust and credibility among its users.
ApeCoin represents an intriguing intersection of culture, art, and decentralized finance. While it offers fascinating prospects due to its strong community and brand association, investors must be wary of its volatile past and market dependencies. As with any investment in volatile markets, conducting thorough research and risk assessment is crucial. ApeCoin's trajectory will remain unpredictable, but should it manage to expand its use cases and community engagement, it holds the potential to be a notable player in the cryptocurrency space.