Bitcoin on Base is a crypto project that aims to combine the scarcity of Bitcoin with the scalability and efficiency of the Base chain. Its goal is to provide a seamless, user-friendly experience with low-cost and fast transactions. The project operates on the Base chain and leverages the Coinbase Smart Wallet to enable easy acquisition of BTCB tokens directly from Coinbase exchange accounts.

However, in a way, this project is a sort of memecoin that pays tribute to Bitcoin. As such, make sure to treat it with extra caution.

$BTCB is the native token of the Bitcoin on Base project. It has a total supply of 21 million tokens, just like Bitcoin, but with a portion already burned to increase scarcity even further. The token is designed to facilitate transactions on the Base chain, benefiting from its scalability and low fees.

The primary purpose of $BTCB is to serve as a digital asset that provides the benefits of Bitcoin's scarcity while leveraging the technical advantages of the Base chain. It aims to offer a scalable, low-cost solution for transactions and smart contract interactions.

$BTCB can be used for various applications within its ecosystem, including:
- Fast, low-cost transactions on the Base chain.
- Participation in decentralized finance (DeFi) applications.
- Facilitating smart contract interactions.
- Serving as a medium of exchange within the Bitcoin on Base community.

The value of $BTCB is influenced by several factors, including:
- Market demand and supply dynamics.
- The overall scarcity of the token, accentuated by the burning of a portion of the supply.
- The utility and adoption of the token within its ecosystem.
- Speculative trading and market sentiment.

The token distribution for $BTCB is as follows:
- Total supply: 21 million tokens.
- 24.56% of the token supply has been burned.
- The remaining tokens are in circulation and accessible to users.

To explore the live distribution of the $BTCB token on Base, use the insights offered by this page.

There are no specific vesting schedules for $BTCB tokens. All tokens are already in circulation except for the portion that has been burned.

$BTCB brings several technological innovations to its ecosystem, including:
- The scalability and low transaction costs of the Base chain.
- Seamless integration with Coinbase Smart Wallet, allowing easy acquisition of tokens.
- Fast transaction speeds enabled by the Base chain infrastructure.

$BTCB stands out from other cryptocurrencies due to its combination of Bitcoin-like scarcity and the technical benefits of the Base chain. This unique blend provides users with a scarce asset that is also scalable and cost-efficient to use. Additionally, the project’s commitment to being a platform for innovation and community-driven initiatives further distinguishes it.

Information about the specific team behind Bitcoin on Base and $BTCB is not provided by the project’s outlets. However, the project emphasizes community involvement and public domain branding assets, suggesting a collaborative and open approach.

When it comes to exploring the $BTCB token price and its live on-chain metrics on Base, there’s no better place than this page. But if you are interested in the Bitcoin on Base project’s progress, latest partnerships, new potential token utilities, and other announcements, then you need to check out the project’s official website, social media channels (like X (former Twitter) and Telegram), and other official outlets. You can find links to these sites in the “Token Links” section on this page.