Convert Coinbase Wrapped Staked ETH CBETH to Malagasy Ariary MGA
CBETH to MGA: 1 Coinbase Wrapped Staked ETH converts to MGA 12,464,459.24 MGA as of June 14 at 1:45 PM
About Coinbase Wrapped Staked ETH
Coinbase Wrapped Staked ETH is falling this week. The current price of Coinbase Wrapped Staked ETH is MGA 12,464,459.24 per cbETH. With a circulating supply of 125,788.587 cbETH, it means that Coinbase Wrapped Staked ETH has a total market cap of MGA 1,573,652,347,745.65. The amount of Coinbase Wrapped Staked ETH traded has fallen by -MGA 2,200,553,423 in the last 24 hours, which is a 17.21% decrease. Additionally, in the last day, MGA 12,790,185,393 worth of cbETH has been traded.
The exchange rate of Coinbase Wrapped Staked ETH is decreasing. The current value of 1 cbETH is MGA 12,464,459.24 MGA. In other words, to buy 5 Coinbase Wrapped Staked ETH, it would cost you MGA 62,322,296.20 MGA. Inversely, MGA 1 MGA would allow you to trade for 0.00000008 cbETH while MGA 50 MGA would convert to 0.00000401 cbETH, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 1.24%. Meanwhile, in the last 24 hours, the rate has changed by 0.95%, which means that the highest exchange rate of 1 cbETH to MGA was MGA 12,786,832.80 MGA and the lowest 24 hour value was 1 cbETH for MGA 12,372,462.43 MGA. Last month, 1 cbETH was worth MGA 12,822,050.18 MGA. Today, it's down 2.33%. Looking back a year, Coinbase Wrapped Staked ETH has changed by MGA 16,971,998.81 MGA. That means that in a single year, the value of Coinbase Wrapped Staked ETH has shrank by 26.88%.
Coinbase Wrapped Staked ETH Market Stats
Coinbase Wrapped Staked ETH (“cbETH”) is a utility token that represents ETH staked through Coinbase. Coinbase customers can wrap their locked staked ETH to receive cbETH, which is an asset that can be traded, moved on-chain, and used in DeFi and other dapps. cbETH is known as a liquid staking token because it allows holders to get the benefits of staking without lockups or unbonding periods.