Merlin's Seal BTCPrice(M-BTC)
Details Merlin's Seal BTC (M-BTC) Price information (USD)
The current real-time price of M-BTC is $65,372. In the past 24 hours, M-BTC has traded between $64,481 and $65,449, showing strong market activity. The all-time high of M-BTC is $124.559K, and the all-time low is $49,809.
From a short-term perspective, the price change of M-BTC over the past 1 hour is
Merlin's Seal BTC (M-BTC) Market Information
Merlin's Seal BTC (M-BTC) Today's Price
The live price of M-BTC today is $65,372, with a current market cap of $0. The 24-hour trading volume is 235.52. The price of M-BTC to USD is updated in real time.
Merlin's Seal BTC (M-BTC) Price History (USD)
What is MERLIN'S SEAL BTC (M-BTC)?
When is the right time to buy M-BTC? Should I buy or sell M-BTC now?
Before deciding whether to buy or sell M-BTC, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s M-BTC technical analysis can provide you with trading references.
Future price trend of M-BTC
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for M-BTC.
How much will M-BTC be worth tomorrow, next week, or next month in ? What about your M-BTC assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! M-BTC Price Prediction
How to buy MERLIN'S SEAL BTC (M-BTC)
Convert M-BTC to local currency
M-BTC Resources
To learn more about M-BTC, consider exploring other resources such as the whitepaper, official website, and other published information:
Blockchain explorer
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
ethereum | 0x8d36...432d6c  | 2,000 | 45.38% |
ethereum | 0x3a1f...923214 | 1,661 | 37.69% |
ethereum | 0xa7e5...e4095a | 730 | 16.56% |
ethereum | 0x2e58...bdb8e1 | 24 | 0.54% |
ethereum | 0x5338...79f8f6 | 13 | 0.29% |
Other | -20.7593 | -0.47% |
Hot Events
MERLIN'S SEAL BTC (M-BTC) FAQ
What is Merlin's Seal BTC (m-BTC)?
Merlin's Seal BTC (m-BTC) is an M-Token representing native Bitcoin (BTC) staked on the Merlin Chain. It acts as a 1:1 mapped asset on this Layer 2 network, confirming the user's staked assets. The Merlin Chain is a Layer 2 solution aimed at improving Bitcoin's scalability and efficiency using ZK-rollups and EVM compatibility, supporting native Bitcoin protocols like BRC-20 and BRC-420.
How is m-BTC obtained?
Users primarily obtain m-BTC by staking native BTC on the Merlin Mainnet during events like "Merlin's Seal." Alternatively, if they didn't participate in such staking, users can bridge BTC from Bitcoin Layer 1 to Merlin Chain using the official bridging solution. Once on Merlin Chain, this BTC can be swapped for m-BTC on a decentralized exchange. Assets from other chains can also be bridged to Merlin Chain to acquire BTC, which is then swappable for m-BTC.
What is the utility of m-BTC?
M-BTC tokens are active across the Merlin Chain ecosystem, facilitating activities such as lending, staking, swapping, and trading within decentralized applications (dApps). Holders can participate in future asset launches and specific initiatives, like the $MDBL Fair Launch for Dragonverse Neo. It's central to the ecosystem, enabling participation in mining and staking to potentially earn rewards in real Bitcoin.
Can m-BTC be converted back to native BTC?
Yes, m-BTC can be converted back to native BTC. Following events like Merlin's Seal, users can exchange their M-Tokens, including m-BTC, for their original staked assets at a 1:1 ratio. The unstaking process may vary based on whether the user requests BTC to a Layer 1 or Layer 2 address, potentially involving gas fees and waiting periods.
What are the risks associated with m-BTC?
Users should understand that selling or losing their m-BTC M-token means they cannot reclaim their original staked assets, although their associated points remain. The loss of smart contract authorization or private keys can also result in irreversible loss of m-BTC. Similar solutions, such as wBTC, have raised centralization concerns due to single custodians; the ability of decentralized approaches like m-BTC to mitigate such risks is an ongoing consideration.
Where can m-BTC be traded?
M-BTC tokens are available for trading on various decentralized exchanges (DEXs). The platform's native decentralized exchange is a popular venue for buying and trading m-BTC, often featuring active trading pairs like m-BTC/WBTC. Additionally, other decentralized exchanges offer avenues for trading m-BTC.
