Rank: 2008
134 Watchlists
Blockchain Infrastructure
UIBT Price
Contracts/Explorers:
Arbitrum
Funds and Backers
No funds found yet
Wallets
No wallets found yet
Unibit is a dual-sided bridge, making cross-network transfers between BRC20 and EVM chain tokens.
KOL
5 Apr — 6 Apr 2024
Raised
$ 95.00K
Price:
$ 0.0075
ROI:
0.71x -28.9%
Platform:
N/A
ATH ROI:
4.41x +341.4%
UniBit is a dual-sided bridge, enhancing token transfer fluidity between Bitcoin and EVM chains, unlike traditional unidirectional bridges. This two-way architecture allows seamless asset movement in both directions. It ensures security through a meticulous minting and burning process: BRC20 tokens are verified and secured before minting equivalent tokens on the EVM chain, and withdrawals involve burning EVM tokens and securely transferring the equivalent value back to Bitcoin. This secure framework minimizes hacking risks. UniBit's bridge fosters collaboration between Bitcoin and EVM ecosystems, expanding the utility and reach of BRC20 and ERC20 tokens.
Unibit's current price is $ 0.00534, it has dropped -5.73% over the past 24 hours.
Unibit's All Time High (ATH) of $ 0.0331 was reached on 8 Apr 2024, and is currently -83.9% down.
The current circulating supply of Unibit is 88.40 Million tokens, and the maximum supply of Unibit is 1.00 Billion.
Unibit’s 24 hour trading volume is $ 252.58 Thousands.
Unibit's current share of the entire cryptocurrency market is 0.00%, with a market capitalization of $ 471.65 Thousand.
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