Multibit Price
(MUBI)
USD($)
Multibit (MUBI) Live Price Chart
Overview
About
Analysis
FAQ
Multibit Live Price Data
The live price of Multibit is $0.0236, with a total trading volume of $ 109,373 in the last 24 hours. The price of Multibit changed by -7.05% in the past day, and its USD value has decreased by -14.74% over the last week. With a circulating supply of 950,000,000 MUBI, the market cap of Multibit is currently 22.8M USD, marking a --% increase today. Multibit currently ranks #-- in market cap.
How do you feel about Multibit today?
Note: This data is for reference only.
Multibit(MUBI) Profile
Rank--
--Expand 
Website
Documentation
- --
Explorer
Contract
- Ethereum 0x38e382...e93
Audited By
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Code & Community
Investors
- --
$0.0235
$0.0257
- ATH
- $0.3686
- Price Change (1h)
- -0.42%
- Price Change (24h)
- -7.05%
- Price Change (7d)
- -14.74%
- Market Cap
- $22.8M
- 24h Volume
- $109,373
- Circulating Supply
- 950,000,000
- Max Supply
- 1B
About MUBI
How can I buy Multibit (MUBI)?
Buying MUBI on KuCoin is fast and simple. Create an account, verify your identity, deposit funds, and start your trading. It's that simple! See How to Buy Multibit (MUBI) for more information. What Is MultiBit (MUBI) Crypto?
MultiBit is primarily a token bridging platform that transfers tokens between the Bitcoin blockchain and EVM networks. This includes networks like Ethereum and BNB Chain,
The platform allows users to bridge and mint tokens between Bitcoin and Ethereum Virtual Machine (EVM) networks. This facilitates seamless cross-chain transfers.
The MultiBit bridge is designed for effortless cross-network transfers between BRC20 and ERC20 tokens, facilitating seamless token exchanges across different blockchain networks. MultiBit significantly enhances liquidity and interoperability between these blockchain ecosystems, thereby supporting more efficient and flexible cryptocurrency transactions.
MUBI, the native token of the MultiBit exchange, functions as its governance token. It can also be staked to earn rewards and help secure the cross-chain network.
How Does MultiBit Work?
MultiBit (MUBI) operates as a dual-sided bridge, facilitating easy cross-network transfers between BRC20 tokens and ERC20 tokens. This design aims to streamline the process of transferring tokens between different blockchain networks, enhancing interoperability and efficiency in cryptocurrency transactions. As a bridge, MultiBit plays a crucial role in connecting and unifying these diverse blockchain ecosystems.
By facilitating the transfer of tokens between these networks, MultiBit significantly enhances the interoperability and functionality within the cryptocurrency ecosystem. This bridging mechanism is key to unifying disparate blockchain platforms, making it easier to conduct transactions across different blockchain networks.
History of MultiBit and MUBI Coin
MultiBit (MUBI) was founded in 2023. Its Initial DEX Offering (IDO) took place from November 12, 2023, to November 15, 2023. This event marked the official launch of the MUBI token, setting the stage for its participation in the cryptocurrency market.
KuCoin listed MUBI for trading on our platform in December 2023. This development aimed to enhance liquidity and cross-chain interoperability in the cryptocurrency space, promoting a more user-friendly and secure platform for stakeholders. This initiative by MultiBit is seen as a pivotal contribution to the evolving Bitcoin (BTC) ecosystem.
How to Use MUBI Token
The MultiBit (MUBI) token is used primarily for governance and staking within the MultiBit platform. Token holders can participate in decision-making for the platform, such as voting on proposals for upgrades, new token listings, and fee structures.
Additionally, the token is used for staking to secure the cross-chain network and to incentivize users to contribute to the ecosystem, ensuring fair compensation for their efforts.
You can trade MultiBit token on the KuCoin Spot Market against other crypto assets to make the most of changing market conditions and volatility. Buy or sell MUBI or HODL if you believe in the future potential of the MultiBit Bridge. Ensure you do your own research before making any trades in the crypto market.
Multibit (MUBI) Price Movements ($)
| Period | Change | Change (%) |
|---|---|---|
| Today | $-0.0016 | -6.32% |
| 7 Days | $-0.0048 | -16.78% |
| 30 Days | $-0.0028 | -10.53% |
| 3 Months | $-0.0026 | -9.85% |
24H Investment Barometer
24H
- Strong Buy
- The Investment Barometer represents the current sentiment of the majority of KuCoin users. It is based on multiple indicators, and can be used as an aspect to take into consideration when planning investments.
Strong SellSellNeutralBuyStrong Buy
Multibit Conversion Rate
FAQ
How much is 1 Multibit (MUBI) worth?
KuCoin provides real-time USD price updates for Multibit (MUBI). Multibit price is affected by supply and demand, as well as market sentiment. Use the KuCoin Calculator to obtain real-time MUBI to USD exchange rates. Is MultiBit a Good Investment?
Here are some reasons why you could consider investing in $MUBI coin:
1. Efficient Asset Portability: MultiBit allows users to transfer liquidity or token holdings between different networks quickly and efficiently. This eliminates the need for complex manual processes or multiple transactions, streamlining the transfer of assets across blockchain networks.
2. Enhanced Liquidity Pooling: The platform facilitates the consolidation of liquidity across multiple networks. This creates larger and more robust liquidity pools, improving overall liquidity and trading opportunities for users across different blockchain networks.
3. Optimized Market Access: By enabling liquidity transfer, MultiBit enhances market access for users. This allows them to tap into a broader range of assets, trading pairs, and investment opportunities available across various blockchain networks.
4. Seamless User Experience: MultiBit is designed to provide a seamless and user-friendly experience for liquidity transfer. This ensures that users can easily navigate between different networks and access their assets without dealing with technical complexities.
5. Increased Flexibility: The ability to transfer liquidity between networks offers users greater flexibility in managing their assets. This allows them to adapt to market conditions and explore new investment opportunities across different blockchain ecosystems.
6. Governance Participation: Holders of MUBI tokens have governance rights within the MultiBit platform. They can participate in decision-making processes like voting on proposals for platform upgrades, new token listings, fee structures, and other key governance matters.
7. Staking for Rewards: The MultiBit Protocol relies on a decentralized network of nodes and liquidity providers, safeguarding the protocol and providing liquidity for transactions. Contributors to this network can receive MUBI tokens, ERC20, or BRC20 tokens for their efforts.
8. Staking Deposit Requirement: To ensure commitment to the system, nodes must place an amount of MUBI as a security deposit before participating in securing the cross-chain network.
What Is MultiBit Price Prediction?
While we cannot offer a precise MUBI price prediction over any duration, the following factors could help you understand the price trends in the MultiBit cryptocurrency:
1. Utility Expansions: Recent developments in the utility of MUBI, such as the unveiling of an explorer for monitoring bridge transactions, a revamped project listing process requiring MUBI staking, and a delegation incentive program, have made the token more appealing to investors.
2. MUBI Trading Volume and Market Speculation: An increase in trading volume and speculative activities can impact the price of MUBI. For instance, a significant spike in trading volume was observed alongside a substantial increase in the MultiBit price.
3. Investor Behavior: Large investors or 'whales' actions can significantly influence the $MUBI price. Accumulation of MUBI by major holders and their subsequent actions, like profit-taking, can create substantial MUBI crypto price movements.
4. Market Correlation: The MUBI to USD price correlates with the top 10 coins by market cap, indicating that movements in the broader cryptocurrency market can impact the MUBI token price.
5. Sentiment Analysis: Investor sentiment, measured by tools like the Fear & Greed Index, also plays a role in the price dynamics of MUBI. The index, which combines various market indicators, can reflect the general mood in the market towards MUBI and influence buying or selling pressures.
6. Overall Market Trends: The general trend in the cryptocurrency market, including regulatory news, technological advancements, or macroeconomic factors, can also affect MUBI's price.
How to Stake MUBI on MultiBit
You can stake $MUBI on MultiBit and earn staking rewards through ERC-20 tokens. Here’s how:
1. Buy MultiBit tokens on KuCoin or other supported platforms and transfer to a compatible crypto wallet.
2. Visit the MultiBit dApp and connect your wallet to its interface.
3. Click the Staking tab on the MultiBit app.
4. Review the live staking pools available on offer. Each offers you a way to stake MUBI to earn a particular ERC-20 token.
5. Select the pool of your choice and click ‘+’ to stake your MUBI tokens to it.
6. Enter the number of MUBI tokens you want to stake and click Stake. Confirm the transaction from your wallet.
7. Sit back, earn staking rewards in the token of your choice, and grow your crypto holdings by staking MUBI.
What is the all-time high price of Multibit (MUBI)?
The all-time high price of Multibit (MUBI) is $0.3690. The current price of MUBI is down 93.58% from its all-time high.
What is the all-time low price of Multibit (MUBI)?
The all-time low price of Multibit (MUBI) is $0.0008. The current price of MUBI is up 2,567.08% from its all-time low.
How much Multibit (MUBI) is there in circulation?
As of 12 25, 2024, there is currently 950,000,000 MUBI in circulation. MUBI has a maximum supply of 1B.
What is the market cap of Multibit (MUBI)?
The current market cap of MUBI is $22.8M. It is calculated by multiplying the current supply of MUBI by its real-time market price of $22.8M.
How do I store Multibit (MUBI)?
You can securely store your Multibit in the custodial wallet on the KuCoin exchange without having to worry about managing your private keys. Other ways to store your MUBI include using a self-custody wallet (on a web browser, mobile device, or desktop/laptop computer), a hardware wallet, a third-party crypto custody service, or a paper wallet.