About Bitnet
Bitnet: Bridging Innovations and Foundational Principles in Blockchain Launched on July 14, 2023, Bitnet emerges as a transformative blockchain platform aiming to reconcile the legacy of Bitcoin’s trustlessness and decentralization with Ethereum’s technological advancements. It seeks to address the challenges that have historically prevented Ethereum and other subsequent blockchain projects from overtaking Bitcoin's dominant position in the market. Despite Ethereum's status as the second-most renowned blockchain, it has been unable to close the significant gap with Bitcoin, among other reasons, due to contentious initial coin distribution, a shift towards a proof-of-stake consensus model, and concerns over centralization and governance practices. Bitnet distinguishes itself by adopting Bitcoin’s principles of equitable launch while seamlessly integrating Ethereum’s innovations in smart contracts, scalability, and interoperability, alongside its own unique technological enhancements. This strategic fusion aims to set a new standard in the blockchain space by providing a secure, decentralized financial system that combines the best aspects of its predecessors. While still in its nascent phase and its impact speculative, Bitnet is positioned as a potential contender capable of challenging Bitcoin's supremacy, indicating a significant paradigm shift in the blockchain landscape.
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Market Stats
Market Cap
$341,516.92
-2.29%
FDV
Not enough data
Circulating Supply
4,243,395 BTN
Max Supply
Not enough data
Total Supply
4,326,459 BTN
Diluted Valuation
$348,201.00
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
$141,661.00
-0.03%
Volume (7D)
Not enough data
Volume (30D)
Not enough data
All time high
$0.0808
Overall Price Change (1Y)
-0.5%
Additional info about Bitnet
Recent trends
The price of Bitnet has increased by 0.38% in the last hour and decreased by 2.29% in the past 24 hours. Bitnet’s price has also risen by 0.02% in the past week. The current price is $0.0805 per BTN with a 24-hour trading volume of $141.66K. Currently, Bitnet is valued at 0.42% below its all time high of $0.0808. This all-time high was the highest price paid for Bitnet since its launch. The current circulating supply of Bitnet is 4,243,395 BTN which means that Bitnet has as total market cap of $341,516.92.
Market details
BTN vs markets
↘ 52.4%
BTN vs BTC
↘ 57.73%
BTN vs ETH
↘ 4%
Tags
Network & Addresses
Network | Address |
|---|
Price history
Time | Price | Change |
|---|---|---|
Today | $0.0805 | ↘ 2.29% |
1 Day | $0.0824 | ↘ 2.29% |
1 Week | $0.0805 | ↗ 0.02% |
1 Month | $0.11 | ↘ 23.65% |
1 Year | $0.16 | ↘ 50.00% |
FAQ
We update our Bitnet to USD currency in real-time. Get the live price of Bitnet on Coinbase.
The current market cap of Bitnet is $341.52K. A high market cap implies that the asset is highly valued by the market.
The all-time high of Bitnet is $0.0808. This all-time high is highest price paid for Bitnet since it was launched.
Over the last 24 hours, the trading volume of Bitnet is $141.66K.
Assets that have a similar market cap to Bitnet include BabyBNBTiger, SHITCOIN, Cartel Coin, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Bitnet is 4.2 million.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
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Legal
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.