Brain LucasAbout Ubit coin (UBIT)
Ubit Coin (UBIT) is a cryptocurrency listed on CoinMarketCap and several smaller to mid-tier exchanges.
The token has a fixed maximum supply of 990,000,000 UBIT coins and uses blockchain explorers for transparent transaction tracking.
UBIT is primarily traded in pairs like UBIT/USDT, with modest liquidity compared to larger cryptocurrencies. The coin has an active community discussing its potential utility, ecosystem mentions, and updates.
Price history shows high volatility, with swings from fractions of a cent to several tenths of a dollar. Trading volumes are limited, so price can be affected by relatively small market movements.
Investors should research the project thoroughly, monitor exchange listings, and consider market sentiment. Community-driven updates provide insights, but official project information is sometimes limited.
Exchanges
Ubit Coin is available for trading on several smaller and mid-tier cryptocurrency platforms:
Primary Exchanges
Gate.io: One of the more popular platforms for UBIT trading
KuCoin: Supports UBIT trading pairs
MEXC: Offers access to UBIT/USDT pair
Various other smaller exchanges: Supporting Ubit coin tokens
Trading Information
UBIT/USDT: The most commonly active trading pair
UBIT/BTC: Occasionally available on select exchanges
Futures trading: Not commonly available due to limited exchange support
Ubit Coin trading generally reflects modest liquidity compared with larger cryptocurrencies. It is primarily listed on smaller or mid-tier exchanges rather than major centralized platforms.
Always check current exchange listings on trusted data aggregators before trading to confirm availability and market activity.
Ubit Coin Price
As of the latest data, Ubit Coin price is around $0.000400 USD per token, showing short-term movements within the day’s range from roughly $0.0003 to $0.0004 USD.
Price moves tend to be volatile and may vary across markets. Trading volumes remain modest, reflecting the coin’s smaller market presence.
Investors should monitor exchange listings and liquidity before making trades
Market Stats
Current price: ~$0.000400 USD
Market cap: Approx. $349,580 USD (based on total supply)
24h trading volume: ~$33,000 USD
Total supply: 990,000,000 UBIT
Max supply: 990,000,000 UBIT
Self-reported circulating: ~873,830,000 UBIT
These metrics reflect relatively low market cap and trading volume compared to major cryptocurrencies.
Ubit Coin Performance
Ubit Coin has shown high volatility since its listing. Daily price performance can swing notably, and the token’s small trading volumes may lead to larger percentage moves in price.
Investors should prepare for rapid shifts in price performance. Market depth is limited on most exchanges, which can amplify price fluctuations.
Sudden news or exchange listings can trigger sharp movements. Traders are advised to use caution and consider risk management strategies.
Monitoring multiple exchanges can help identify the best liquidity and trading opportunities.
Price Analysis
From historical data:
All-time high: Around $0.3608 (Dec 04, 2024)
All-time low: Near $0.00000010 (early history)
These figures illustrate that Ubit Coin has seen extremely large swings since launch, including a significant decline from earlier peaks.
The wide price range highlights the token’s high-risk nature for traders and investors. Such volatility can create both opportunities and challenges depending on market timing.
Long-term performance remains uncertain due to limited adoption and trading activity.
Historical trends suggest that sudden market news or exchange listings can trigger sharp price movements.
Recent Trends
Recent trend data suggests a neutral to cautious sentiment.
Price predictions from market indicators point to potential modest declines in value in coming periods, reflecting broader market dynamics and reduced trading activity.
Analysts note that low liquidity and limited exchange listings may amplify short-term price swings.
Investor interest appears concentrated on a few active trading pairs, which can affect overall market behavior. Monitoring social sentiment and news related to Ubit Coin may provide early signals of market shifts.
Traders are advised to remain vigilant and adjust positions according to changing market conditions.
Look Also: Looka Coin (LOOKA)
Market Details
The market for ubit coin is characterized by:
Relatively low liquidity
Moderate trading volume compared to large cryptos
Listing on niche or smaller exchanges
These conditions can increase price volatility and risk. Always use trusted platforms to confirm live market info before making decisions.
Tokenomics
According to available whitepaper data, ubit coin tokenomics includes distribution across several categories:
Public sale: ~22%
ICO: ~16%
Liquidity: ~13%
Management & partnerships: ~8%
Treasury / marketing / staking rewards / charity and others: Remaining portions of allotment
These allocations define how total supply is distributed across ecosystem needs, community incentives, and operational funds.
Price History
Ubit coin’s price history shows:
Launch prices varied widely
Price peaked significantly in 2024
Subsequent months saw heavy declines
This history indicates the token has experienced large fluctuations typical for smaller crypto projects.
Pros
Clearly defined maximum supply of 990M UBIT, helping prevent uncontrolled inflation
Price data transparently available on major crypto tracking platforms
Active community discussions about utility, use cases, and potential development
Available on multiple smaller and mid-tier exchanges, allowing for trading accessibility
Modest trading volumes can present opportunities for short-term traders seeking volatility
Community-driven updates and discussions provide ongoing insights into token developments
Cons
Highly volatile price history, with sharp short-term swings
Low market liquidity compared to larger cryptocurrencies, increasing trading risk
Mixed sentiment and limited transparent project information
Some community discussions raise caution about promotional schemes or exaggerated claims
Limited adoption and use cases may restrict long-term utility and demand
Price can be disproportionately influenced by single large trades due to small order books
Frequently Asked Questions (FAQs)
What is ubit coin?
Ubit coin is a cryptocurrency token with a fixed supply of 990 million UBIT, listed on crypto data platforms.
How much is ubit coin worth today?
It trades at roughly $0.000400 USD, but prices vary across markets.
Where can I buy ubit coin?
It’s generally available on selected exchanges and pairs like UBIT/USDT. Check current listings.
Is ubit coin a good investment?
Cryptocurrency markets are risky. Assess your own research and risk tolerance. This is not financial advice.
What affects ubit coin’s price?
Liquidity, investor sentiment, supply dynamics, and exchange activity are key factors.
