Details about MetaWhale BTC cryptocurrency
MetaWhale BTC
MWBTC
Unknown for now
€808 ( 0%)
€0
1,019,815
700,599
1
Unknown
https://metawhale.io/
@Meta_Whale
925100000x
€1066320
MetaWhale BTC price charts
MWBTC exchanges
MetaWhale BTC, the crypto
MetaWhale BTC (MWBTC) is a synthetic Bitcoin token that is collateralized by a pool of other cryptocurrencies held in MetaVault, a decentralized autonomous organization (DAO) controlled by MWBTC holders.
The point
The main point of MWBTC is to provide a stable and liquid Bitcoin derivative that can be used as a trading instrument or a store of value. MWBTC allows users to gain exposure to Bitcoin's price movements without actually holding or trading Bitcoin directly.
The problem
MWBTC aims to solve the problem of price volatility associated with Bitcoin, which can create uncertainty for traders and limit Bitcoin's use as a medium of exchange. By creating a stablecoin that tracks the price of Bitcoin, MWBTC seeks to provide a more predictable and stable asset for users to trade and hold.
Compare MWBTC and BTC performance
Timeframe | MWBTC | BTC |
---|---|---|
1h change | 0 % | -0.360343 % |
24h change | 0 % | -1.34653 % |
7 day change | 0 % | -8.00126 % |
14 day change | 0 % | -4.44299 % |
30 day change | 0 % | -5.81283 % |
200 day change | -97.74 % | 128.847 % |
Year change | -99.73 % | 116.885 % |