pTokens BTCpBTC
$12100
Market/Exchange
pBTC Price Prediction and Price Movement
pBTC is up 32.67 percent over the last three months, while its market capitalization is still considered relatively small, which implies that the price of pBTC can be very volatile comparing to those with larger market cap during big market moves. However, with a stead growth over the past three months, pBTC has the potential to grow further and may yield some very decent gains. Again traders should remain cautious at all time.
Please note that this analysis is purely base on pBTC's historic price actions and is by no means financial advice. Traders should always do their own research and be extra careful while investing in cryptocurrencies.
pTokens BTC Price Chart
About pTokens BTC
pTokens BTC is a 1:1 pegged Bitcoin representation on Ethereum, Arbitrum, Algorand, Binance Smart Chain, Gnosis (former known as xDai), EOS, Telos, while more will be added.
pBTC is a tokenized cryptoasset in the pNetwork ecosystem, an open-source multi-chain routing protocol for providing interoperability across a variety of independent blockchains. These cross-blockchain functionalities enable the release of "wrapped" tokens called pTokens that rely on maintaining a 1-to-1 peg in-between the native blockchain and the host blockchain (e.g. Bitcoins wrapped to operate on the Ethereum blockchain).
With the release of the pNetwork V2, pTokens like pBTC become fungible across chains, meaning users will be able to move their pBTC directly across any of the supported chains without the need to go back to the native Bitcoin blockchain.