USDB is a game changing stablecoin from Balance designed to facilitate their global ambitions of providing unprecedented value and innovative financial vehicles to its users. USDB functions as a proof-of-burn stablecoin, built on a solid foundation of efficient market strategies using underlying arbitrage mechanisms.
What is the highest value USD Balance (USDB) has ever reached?
USD Balance (USDB) reached its peak price at 1.14 $ on 15 January 2023, approximately 3 years ago ago. Presently, the current price is -95.44% lower than this all-time high.
What is the historical minimum price for USD Balance (USDB)?
The minimum price reached for USD Balance (USDB) was 0.02553 $, documented on 08 January 2024, more than 2 years ago. In comparison, the current price is 103.31%, it above this historical low.
What is the fully diluted valuation of USD Balance (USDB)?
The fully diluted valuation (FDV) of USD Balance (USDB) stands at $ 861,770. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of 16,600,714 USDB tokens. The realization of this FDV might take several years depending on the emission schedule of USDB tokens.