bitSmiley Price
(SMILE)
USD($)
bitSmiley (SMILE) Live Price Chart
Overview
About
Analysis
FAQ
bitSmiley Live Price Data
The live price of bitSmiley is $0.1203, with a total trading volume of $ 34,179 in the last 24 hours. The price of bitSmiley changed by -0.24% in the past day, and its USD value has decreased by -19.51% over the last week. With a circulating supply of 26,796,000 SMILE, the market cap of bitSmiley is currently -- USD, marking a --% increase today. bitSmiley currently ranks #-- in market cap.
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Note: This data is for reference only.
bitSmiley(SMILE) Profile
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--Expand 
Website
Documentation
Explorer
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Contract
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Audited By
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Code & Community
Investors
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$0.1122
$0.1228
- ATH
- $0.4538
- Price Change (1h)
- +0.83%
- Price Change (24h)
- -0.24%
- Price Change (7d)
- -19.51%
- Market Cap
- --
- 24h Volume
- $34,179
- Circulating Supply
- 26,796,000
- Max Supply
- 210,000,000
About SMILE
How can I buy bitSmiley (SMILE)?
Buying SMILE 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 bitSmiley (SMILE) for more information. What Is bitSmiley (SMILE) Crypto?
bitSmiley (SMILE) is a cryptocurrency built on the Bitcoin blockchain, aiming to expand Bitcoin’s role by introducing decentralized finance (DeFi) features. The platform offers three core services designed to enhance user interactions with Bitcoin: bitUSD, bitLending, and a Derivatives Platform. bitUSD acts as a stablecoin pegged to the US dollar, offering users a stable currency for transactions. Meanwhile, bitLending enables peer-to-peer lending, allowing users to lend or borrow assets with Bitcoin as collateral. The Derivatives Platform adds trading tools for financial contracts based on Bitcoin’s value.
Through these services, bitSmiley transforms Bitcoin from a simple store of value to a versatile financial ecosystem. It allows you to engage in stable transactions, access lending opportunities, and participate in derivatives trading, all directly on the Bitcoin network. This integration of DeFi features makes Bitcoin more functional for a broader range of financial activities.
How Does bitSmiley Work?
bitSmiley (SMILE) enhances Bitcoin's functionality by introducing decentralized finance (DeFi) features directly on its blockchain. Here's how it works:
1. bitUSD Stablecoin: You can lock your Bitcoin as collateral to mint bitUSD, a stablecoin pegged to the US dollar. This allows you to use a stable currency while retaining exposure to Bitcoin.
2. bitLending Platform: You can lend or borrow bitUSD or other bitRC-20 tokens using Bitcoin as collateral. This peer-to-peer system operates without intermediaries, ensuring trustless transactions.
3. Derivatives Protocol: bitSmiley plans to offer derivatives trading, enabling you to hedge or speculate on Bitcoin's price movements. This adds a layer of financial instruments to the Bitcoin ecosystem.
By integrating these components, bitSmiley provides a comprehensive DeFi ecosystem on Bitcoin, allowing you to engage in stable transactions, lending, and derivatives trading directly on the Bitcoin network.
History of bitSmiley and SMILE Coin
bitSmiley (SMILE) is a cryptocurrency project that aims to bring DeFi features to the Bitcoin blockchain. The project was co-founded by Jayden, who has expressed enthusiasm about its potential to innovate within the Bitcoin DeFi space.
In January 2024, bitSmiley secured its first token round funding, attracting investments from notable firms such as OKX Ventures and ABCDE. By November 2024, the SMILE token was listed on major cryptocurrency exchanges, including KuCoin, with trading commencing on November 6, 2024.
The project's roadmap includes the development of three main components:
1. bitUSD Stablecoin: An over-collateralized stablecoin based on Bitcoin, allowing users to mint bitUSD by collateralizing their BTC holdings.
2. bitLending: A peer-to-peer lending protocol enabling users to borrow stablecoins against their BTC collateral.
3. Derivatives Protocol: Planned for future development, this component aims to offer additional financial instruments within the Bitcoin ecosystem.
What Is SMILE Token Used for?
The bitSmiley (SMILE) token serves multiple purposes within its ecosystem:
1. Stablecoin Transactions: You can use SMILE to mint bitUSD, a stablecoin pegged to the US dollar, by collateralizing your Bitcoin holdings. This allows for stable transactions within the Bitcoin network.
2. Lending and Borrowing: SMILE facilitates peer-to-peer lending. You can lend or borrow assets using Bitcoin as collateral, enabling decentralized financial interactions.
3. Derivatives Trading: The platform plans to introduce derivatives trading, allowing you to engage in financial contracts based on Bitcoin's value, enhancing investment strategies.
Additionally, you can trade bitSmiley tokens on cryptocurrency exchanges like KuCoin, participating in the spot market to buy or sell SMILE for other assets.
What Is bitSmiley Tokenomics?
bitSmiley (SMILE) has a total token supply of 210 million, distributed as follows:
> Round 1 Investors: 10% (21 million tokens)
> Round 2 Investors: 6% (12.6 million tokens)
> Launchpad: 1% (2.1 million tokens)
> Airdrop: 3% (6.3 million tokens)
> bitSmiley DAO: 26% (54.6 million tokens)
> User Incentives: 21.5% (45.15 million tokens)
> Team and Advisors: 12.5% (26.25 million tokens)
> Liquidity: 7.5% (15.75 million tokens)
> Staking Rewards: 12.5% (26.25 million tokens)
At the Token Generation Event (TGE), 12.76% of the total supply was released. The remaining tokens are subject to various vesting schedules to ensure long-term commitment and stability within the ecosystem.
bitSmiley (SMILE) Price Movements ($)
| Period | Change | Change (%) |
|---|---|---|
| Today | $-0.0025 | -2.03% |
| 7 Days | $-0.0292 | -19.52% |
| 30 Days | $-0.0331 | -21.56% |
| 3 Months | $-0.0226 | -15.80% |
24H Investment Barometer
24H
- 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.
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bitSmiley Conversion Rate
FAQ
How much is 1 bitSmiley (SMILE) worth?
KuCoin provides real-time USD price updates for bitSmiley (SMILE). bitSmiley price is affected by supply and demand, as well as market sentiment. Use the KuCoin Calculator to obtain real-time SMILE to USD exchange rates. Is bitSmiley (SMILE) a Good Investment?
By investing in SMILE, you participate in a project that integrates DeFi functionalities into Bitcoin, offering diverse financial opportunities within a secure and decentralized framework.
1. DeFi on Bitcoin: bitSmiley brings decentralized finance features directly to the Bitcoin blockchain, enhancing its utility beyond a store of value.
2. Stablecoin Access: By holding SMILE, you can mint bitUSD, a stablecoin pegged to the US dollar, allowing for stable transactions within the Bitcoin network.
3. Lending Opportunities: SMILE enables peer-to-peer lending, letting you lend or borrow assets using Bitcoin as collateral, facilitating decentralized financial interactions.
4. Derivatives Trading: The platform plans to introduce derivatives trading, allowing you to engage in financial contracts based on Bitcoin's value, enhancing investment strategies.
5. Cross-Chain Compatibility: bitSmiley's bitRC-20 standard is compatible with BRC-20, enabling interactions across different blockchain ecosystems and expanding access to DeFi.
What Is bitSmiley Price Prediction?
By staying informed about these factors, you can better understand the SMILE price prediction:
1. Market Demand: Increased interest and trading activity can drive the bitSmiley price up.
2. Supply Dynamics: The total supply is capped at 210 million tokens. If more tokens enter circulation, it can affect the SMILE to USD price.
3. bitSmiley Platform Adoption: As more users engage with bitSmiley's DeFi services, demand for SMILE may rise, potentially boosting the $SMILE price.
4. Exchange Listings: Being listed on major exchanges like KuCoin increases accessibility, which can positively impact the SMILE token price.
5. Technological Developments: Enhancements or issues within the bitSmiley platform can affect user trust and token demand, supporting the SMILE crypto price.
What is the all-time high price of bitSmiley (SMILE)?
The all-time high price of bitSmiley (SMILE) is $0.4541. The current price of SMILE is down 73.49% from its all-time high.
How much bitSmiley (SMILE) is there in circulation?
As of 12 25, 2024, there is currently 26,796,000 SMILE in circulation. SMILE has a maximum supply of 210,000,000.
What is the market cap of bitSmiley (SMILE)?
The current market cap of SMILE is $144,883. It is calculated by multiplying the current supply of SMILE by its real-time market price of $144,883.
How do I store bitSmiley (SMILE)?
You can securely store your bitSmiley in the custodial wallet on the KuCoin exchange without having to worry about managing your private keys. Other ways to store your SMILE 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.
How do I convert Arbitrum (ARB) to cash?
You can instantly exchange your Arbitrum (ARB) for cash using KuCoin's Fast Trade feature. This feature enables you to convert ARB to your local fiat currency in just a few clicks. However, make sure to complete Identity Verification first to enjoy all the features you may need.