MultibitPrice(MUBI)
Details Multibit (MUBI) Price information (USD)
The current real-time price of MUBI is $0.0027. In the past 24 hours, MUBI has traded between $0.0002 and $0.0004, showing strong market activity. The all-time high of MUBI is $0.3697, and the all-time low is $0.0010.
From a short-term perspective, the price change of MUBI over the past 1 hour is
Multibit (MUBI) Market Information
Multibit (MUBI) Today's Price
The live price of MUBI today is $0.0027, with a current market cap of $2.593M. The 24-hour trading volume is 424K. The price of MUBI to USD is updated in real time.
Multibit (MUBI) Price History (USD)
What is MULTIBIT (MUBI)?
When is the right time to buy MUBI? Should I buy or sell MUBI now?
Before deciding whether to buy or sell MUBI, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s MUBI technical analysis can provide you with trading references.
Future price trend of MUBI
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for MUBI.
How much will MUBI be worth tomorrow, next week, or next month in ? What about your MUBI assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! MUBI Price Prediction
How to buy MULTIBIT (MUBI)
Convert MUBI to local currency
MUBI Resources
To learn more about MUBI, consider exploring other resources such as the whitepaper, official website, and other published information:
Blockchain explorer
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
ethereum | 0x9642...2f5d4e  | 85.673M | 9.29% |
ethereum | 0x844e...a62668 | 68.814M | 7.46% |
ethereum | 0x0d07...b492fe | 43.081M | 4.67% |
ethereum | 0xc882...84f071 | 34.106M | 3.7% |
ethereum | 0x58ed...a36a51 | 27.745M | 3.01% |
Other | 662.718M | 71.87% |
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MULTIBIT (MUBI) FAQ
What is MultiBit (MUBI) and what core problem does it solve for users?
MultiBit (MUBI) is a specialized dual-sided bridge created to enable the smooth transfer of BRC-20 tokens from the Bitcoin network to EVM-compatible chains like Ethereum, BNB Chain, and Polygon. It primarily addresses the liquidity challenges faced by Bitcoin-based tokens. By bridging these assets to EVM networks, MultiBit allows users to participate in the broader Decentralized Finance (DeFi) ecosystem, enabling them to use Bitcoin-native tokens for activities like lending, borrowing, and yield farming that were previously unavailable.
What are the primary utilities of the MUBI token within the MultiBit ecosystem?
The MUBI token serves three essential roles: governance, staking, and platform fees. Holders can participate in governance by voting on protocol upgrades and the inclusion of new token listings. Users can also stake their MUBI tokens on the platform to earn rewards, which helps secure the network. Additionally, MUBI is used to cover transaction fees within the ecosystem. The token's distribution is notable, as a vast majority of the total supply is already in circulation, minimizing the impact of future supply releases.
How does the technical process of bridging tokens through MultiBit work?
The bridging process involves a clear, three-step sequence. First, a user sends their BRC-20 tokens from a Bitcoin wallet to a dedicated address provided by the MultiBit protocol. Second, the platform verifies this transaction on the Bitcoin network to ensure accuracy. Finally, once confirmed, equivalent tokens are minted on the target EVM chain and delivered to the user's EVM-compatible wallet. Because this process relies on the Bitcoin network for confirmation, transfers typically take between 20 and 60 minutes depending on network congestion.
Does MultiBit support the bridging of NFTs and Bitcoin Ordinals?
Yes, MultiBit has expanded its utility beyond fungible tokens with the introduction of an NFT Bridge. This feature allows users to transfer Bitcoin Ordinals (NFTs) directly to the Ethereum network. By moving these digital collectibles to EVM chains, users can access established NFT marketplaces and integrate their Bitcoin-native assets into the wider Ethereum NFT ecosystem. This provides Bitcoin Ordinals with increased visibility and access to more sophisticated trading and display tools available on EVM networks.
What security measures are implemented to protect users and their assets on MultiBit?
Security is a high priority for MultiBit, which utilizes several layers of protection to safeguard bridged assets. The protocol uses multisig cold wallets for asset storage and features an approval-based withdrawal system designed to block unauthorized or automated fund drains. To verify the robustness of its smart contracts, MultiBit has collaborated with security experts such as MoveBit for technical audits. These protocols are essential for maintaining the safety of the bridge and ensuring user confidence when moving assets between different blockchain networks.
What key developments are planned for the MultiBit roadmap in 2024 and 2025?
The MultiBit roadmap focuses on expanding cross-chain compatibility and enhancing decentralized trading features. Future plans include adding support for additional blockchains like Solana and Cosmos to increase the reach of Bitcoin-native assets. Furthermore, the protocol is working on an Ordinals Automated Market Maker (OAMM) to facilitate decentralized trading directly within its ecosystem. Other improvements include refining the user interface to make bridging more accessible and efficient for the growing community of users interacting with Bitcoin and EVM ecosystems.
