WBT Celebrates Third Anniversary with Unprecedented Growth and Continuous Utility Enhancement
WhiteBIT Coin (WBT) Celebrates Third Anniversary with Impressive Growth
WhiteBIT Coin (WBT), the native cryptocurrency of the WhiteBIT exchange, is celebrating its third anniversary with a strong market position and impressive growth. With a market capitalization exceeding $6.2–6.6 billion and ranking among the top 35 cryptocurrencies globally by market cap, WBT has demonstrated price growth of over 2200% since its 2022 launch.
In the past three years, WBT has climbed from around $30 to recent highs above $50, and currently trades stably within the $42–$47 range, showing low daily volatility (<1%) compared to major cryptos like BTC and ETH. This steady upward trajectory, coupled with its resilience during market downturns, has helped position WBT among the most stable exchange-linked assets.
The long-term outlook for WBT is positive due to several key factors. Firstly, the utility within the WhiteBIT ecosystem drives ongoing demand from the platform’s expanding user base. WBT offers practical uses such as trading fee discounts, governance voting rights, and benefits connected to the WhiteBIT exchange’s products like the Nova card.
Secondly, WBT features a deflationary tokenomics model with a fixed total supply of 400 million coins. The weekly buyback and burn mechanism, which has already removed over 76 million tokens from circulation, aims to reduce supply by approximately 50% long-term. This supply scarcity underpins price stability and growth potential.
The WhiteBIT exchange has avoided the deep post-rally corrections of 50% or more that are common across the sector, positioning WBT as a stable utility token within the WhiteBIT ecosystem. In 2024, the WhiteBIT Nova debit card was launched in partnership with Visa, enabling global ATM withdrawals, direct crypto spending, and cashback rewards in WBT or BTC.
In its third year, WBT appears well-positioned due to its stable market performance, practical benefits, and disciplined supply model. With a promising outlook for long-term value retention and growth, WhiteBIT Coin is a strategic choice for investors seeking a stable, utility-backed crypto asset.
| Aspect | Detail | |---------------------------|------------------------------------------------------------------------------------------| | Market Cap (2025) | $6.2–6.6 billion | | Price Growth (3 years) | +2200% (from $1.90 to $45-$52 range) | | Circulating Supply | ~148 million tokens out of 400 million total, with 76 million tokens burned | | Volatility | <1% daily volatility vs. BTC/ETH’s high swings | | Utility | Fee discounts, governance rights, Nova card benefits | | Tokenomics | Fixed supply, weekly buyback and burn mechanism reducing circulating supply |
- WhiteBIT Coin (WBT), the native digital asset of the WhiteBIT exchange, has showcased impressive growth and a stable market position, ranking among the top 35 cryptocurrencies worldwide.
- The native cryptocurrency of WhiteBIT, WBT, has experienced a remarkable price surge of over 2200% since its 2022 launch, with recent highs above $50.
- In the three years since its launch, WBT has demonstrated remarkable resilience, trading stably in the $42–$47 range and showing low daily volatility compared to major cryptos like BTC and ETH.
- The utility and practical benefits within the WhiteBIT ecosystem, such as trading fee discounts, governance voting rights, and benefits connected to the WhiteBIT exchange’s products, help drive ongoing demand for WBT.
- The deflationary tokenomics model of WBT, with a fixed total supply of 400 million coins and a weekly buyback and burn mechanism, aims to reduce the circulating supply by approximately 50% long-term, underpinning price stability and growth potential.
- In 2024, the WhiteBIT Nova debit card was launched in partnership with Visa, positioning WBT as a strategic choice for investors seeking a stable, utility-backed crypto asset with long-term value retention and growth potential.