Coinbase Wrapped Staked ETH Achieves Self Reported Market Cap of $380.85 Million (CBETH)

Coinbase Wrapped Staked ETH (CBETH) traded up 2.7% against the dollar during the 1-day period ending at 9:00 AM ET on December 19th. Coinbase Wrapped Staked ETH has a market cap of $380.85 million and $5.08 million worth of Coinbase Wrapped Staked ETH was traded on exchanges in the last 24 hours. One Coinbase Wrapped Staked ETH token can currently be purchased for about $3,293.91 or 0.03744080 BTC on popular exchanges. During the last seven days, Coinbase Wrapped Staked ETH has traded down 8.8% against the dollar.

Here is how related cryptocurrencies have performed during the last 24 hours:

• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded 0.6% higher against the dollar and now trades at $87,962.59 or 0.99984133 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Coinbase Wrapped Staked ETH

Coinbase Wrapped Staked ETH was first traded on August 23rd, 2022. Coinbase Wrapped Staked ETH’s total supply is 373,334 tokens and its circulating supply is 115,621 tokens. Coinbase Wrapped Staked ETH’s official website is www.coinbase.com/price/coinbase-wrapped-staked-eth. Coinbase Wrapped Staked ETH’s official Twitter account is @coinbaseassets and its Facebook page is accessible here.

According to CryptoCompare, “Coinbase Wrapped Staked ETH (cbETH) is a utility token that represents ETH2, which is ETH staked through Coinbase.Whitepaper”

Coinbase Wrapped Staked ETH Token Trading

It is usually not possible to purchase alternative cryptocurrencies such as Coinbase Wrapped Staked ETH directly using US dollars. Investors seeking to trade Coinbase Wrapped Staked ETH should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Coinbase Wrapped Staked ETH using one of the aforementioned exchanges.

CBETH/USD price chart by TradingView