What is COINBASE WRAPPED DOGE(CBDOGE)?

Basic information about CBDOGE

Coin name:

Coinbase Wrapped DOGE

Coin symbol:

Coin introduction:

Coinbase Wrapped DOGE ("cbDOGE") is a token that is backed 1:1 by native Dogecoin (DOGE) held by Coinbase, meaning that for all cbDOGE in circulation, there is an equivalent amount of DOGE held in a secure custody solution (including cold storage) provided by Coinbase. Wrapped assets, like cbDOGE, are transferable tokens that are redeemable for the underlying asset. Coinbase customers can unwrap cbDOGE and redeem a corresponding amount of the underlying DOGE simply by depositing the cbDOGE into their Coinbase accounts. cbDOGE is built to be seamlessly compatible with DeFi applications, giving customers the option to tap into DeFi and unlock financial utility. cbDOGE removes a key point of friction by allowing customers to use DOGE they already hold in new ways onchain. cbDOGE is built to be seamlessly compatible with DeFi applications, so users can now tap into novel DeFi use cases like providing their DOGE as liquidity to DeFi protocols, using it as collateral to borrow other crypto assets, or spending it as a payment method. Wrapped assets like cbDOGE are a mature concept in the crypto world, helping to bring more liquid assets onchain and facilitate an expansive financial ecosystem.

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Current Price:

$0.092139More coin details

All-time high:

$0.306113

All-time low:

$0.054014

CBDOGE Supply Info and Tokenomics

Circulating supply:

56M

Total supply:

56M

Max supply:

Market cap:

$5.210M

Fully diluted valuation:

$5.210M

What is the outlook and future value of CBDOGE?

The current market cap of CBDOGE is $5.210M, ranked 2062 in the market, showing that the market already recognizes the value of CBDOGE. When a bull market arrives, the market cap of CBDOGE may continue to grow.

Moreover, if CBDOGE can play a greater role in real-world applications—such as if the Monero developers can fully empower CBDOGE and establish partnerships with more business partners to expand its user base—then the long-term value of CBDOGE will be further enhanced.

What is the price of CBDOGE in 2027?

According to the historical price performance prediction model of CBDOGE, the price of CBDOGE is expected to reach $0.096745 at 2027.

Note: As with any crypto investment, investors should closely monitor ’s performance and stay aware of the risks. The crypto world is highly volatile, and adequate research and preparation are necessary.

How else can I get CBDOGE?

Purchasing CBDOGE with cash is not the only way to obtain CBDOGE. If you have enough time, you can get CBDOGE for free.

Learn how to get Hot rewards for free with CBDOGE.

Earn free CBDOGE by inviting friends to join LBank My Activity|LBank Reward Center

Join LBank Launchpad to get CBDOGE airdrops for free.

All crypto airdrops and rewards can be exchanged for CBDOGE through LBank spot trading.

Buy CBDOGE starting from $1

What is CBDOGE used for and how to use it?

The use cases for CBDOGE may grow with the development of the crypto market and project progress. Currently, you can use CBDOGE to:

Arbitrage trading of CBDOGE

CBDOGE is frequently traded, with constant price fluctuations. You can profit from buying low and selling high. LBank Spot market offers many CBDOGE trading pairs to suit your needs.

Earn yield with CBDOGE

You can also lend out CBDOGE or use other Earn products to gain returns. LBank Earn platform provides a wide variety of investment products to help you maximize your CBDOGE gains.

Send or pay with CBDOGE

If you want to pay someone with CBDOGE, you can easily and quickly send CBDOGE to them using their receiving address.

You can also visit the official website of Coinbase Wrapped DOGE to learn more use cases of CBDOGE, such as whether the Coinbase Wrapped DOGE project supports community/eco apps or buying physical or virtual goods with CBDOGE.