sBTC Logo

sBTC

SBTC

Rank #1203

$70483

+5.40%
24H Low$66488
$7068224H High
24H Volume
$125690
All-Time High(ATH)
$73602
All-Time Low(ATL)
$0.5879
Market Cap
$18.38 M
Fully Diluted Valuation
$18.38 M
Market Cap/FDV
100%
Circulating Supply
260.72 SBTC
Total Supply
260.72 SBTC
Max Supply
260.72 SBTC
Market Sentiment
Neutral
* Data from 3rd parties

sBTC (SBTC) Price Trends

Time period
Change amount
% Change
1H
$+322.74
+0.46%
24H
$+3611.08
+5.4%
7D
$+3534.86
+5.28%
30D
$+19334.23
+37.8%
1Y
$+42987.1
+156.34%

Credibility Indicators

72.31

Reliability Score

Rank #1

# 1662

Percentile

TOP 10%

Live sBTC (SBTC) Price Update

sBTC price today is $70483 with a 24-hour trading volume of $125690, and as such sBTC has a market cap of $18.38 M, giving it a market dominance of 0.00066%. The sBTC price moved 5.4% in the last 24 hours.

sBTC reached its highest price on 2024-03-14 when it was trading at its all-time high of $73602, while its lowest price was recorded on 2022-08-13 when it was trading at its all-time low of $0.5879. The current lowest price since the last cycle high was $0.5879, and the highest price since the last cycle low was $73602. The social sentiment of sBTC is currently Positive.

The current circulating supply of sBTC is $260.72 SBTC. In terms of market cap, sBTC is currently ranked 1203.

About sBTC (SBTC)

sBTC is a synthetic Bitcoin token enabled by the Synthetix protocol. It tracks the price of Bitcoin through price feeds supplied by Chainlinks decentralized network of oracles. It can be traded without slippage for other assets native to the Synthetix protocol at Kwenta or Synthetix.Exchange.

FAQs

1. What determines the price movement of sBTC?

There are two schools of thought in determining the price of sBTC.
By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of sBTC, collectively known as fundamental analysis. The law of supply and demand, tokenomics, use case, project roadmap as well as regulations and governance involved would affect the value of sBTC from a long term perspective.
By way of price action: Primarily analyzed via candlestick chart patterns and technical indicators such as MACD, RSI and the bollinger bands, technical analysis forecasts the price of sBTC on the basis that history tends to repeat itself. As the candlestick charts are a general representation of the emotion of the market, news announcements and community sentiment can be significant price action drivers for sBTC as well.
Investors tend to prefer the long term nature of fundamental analysis, whereas short term traders tend to rely on technical analysis more. In reality, both analyses may combine and create interesting scenarios for sBTC and the cryptocurrency market as a whole.

sBTC Tokenomics

Next Unlock Events

Next Unlock Events

SBTC --

(--% Total Supply)

$--

(--% Market Cap)

Unlock Rounds --

--

D

0

--

Unlock Rounds --

--

D

0

--

SBTC --

(--% Total Supply)

$--

(--% Market Cap)

Allocations

Name
Total
Unlocked
Locked
No record

Vesting Schedule

Round
Token Allocation
TGE Unlock
Cliff

Unlocked

Locked

Next Unlock
Summary
No record
Total
Token Allocation
Next Unlock
Summary
Total
SBTC 0

sBTC Analysis

Date
Market Cap
Volume
Open
Close
No record