XBIT (XBT)

XBIT ranks #342 of 504 cryptocurrencies. On a list that also counts tokens, memecoins, wrapped coins, staked derivatives and stablecoins it appears at #4510: 4168 of the 4509 assets ahead of it are not native coins but tokens or claims. A token is issued on a host blockchain rather than running its own; a claim stands for an asset already counted.

CoinSpectrum Gradepending — launch under review
Rank among cryptocurrencies#342
Rank counting claims#4510
Price$0.0000939
Circulating supply0 XBT
Maximum supply1,000,000,000 XBT
Consensus familyProof of Work
Consensus mechanismSHA-256
Own hashrate—
Network purposePayments
Ledger typeSingle-asset ledger

Market figures from the 28 October 2026 build. Open the live view for every exchange's price, and charts.

CoinSpectrum Grade (Source)

Grade pending. XBIT's launch — how much went to insiders, whether it was sold to investors — is still being researched. A grade is not given until it is, so that a coin is never rated higher for what is not yet known.

CriterionScoreBasis
Leading Consensus Mechanisms (Source)10group average
Consensus: leader ladder10Proof of work: 10 of 10 on the ladder of consensus families ranked by their largest chain's market cap
Consensus: family ladder10Proof of work: 10 of 10 on the ladder of families ranked by the combined market cap of their chains
Cryptocurrency Standards (Source)5.7group average, 9 of 13 measured
Sound Money Qualities (6 checks)7.32.9 of 4 points, 2 not yet measured source
Scarcity: a fixed cap that holds, and a supply near 21 million8.9fixed maximum supply of 1 billion: supply scale 7.8, cap 10
Durability: five years or more with no halt, freeze or reversal✗4 full years since its first recorded price, no halt, freeze or reversal in five years
Fungibility: every unit interchangeable, none the protocol can freeze or set apart✓no authority can freeze, blacklist or set apart a coin
Divisibility: the smallest unit worth a cent or less✓8 decimal places, the smallest unit worth $9.4e-13
Portability: fees of a cent or less and capacity for real demand–about 119 transactions a second (5 on the throughput scale; 5 is the busiest networks' median demand)
Verifiability: open-source nodes and checking without a trusted server–light clients verify from headers or proofs
Privacy (5 checks)2.51 of 5 passed, 1 not yet measured source
Whitepaper privacy: keys are not tied to an identity✓XBIT's Bitcoin-derived node (XbitCC/xbitcoin) has no identity rule: anyone generates keys and receives and sends the coin.
UTXO ledger: a new key for each payment, no account linking every coin–
Network-level privacy: the node hides where a transaction came from (Dandelion++, Tor or I2P, on by default)✗XBit Core 1.1 (Oct 2021, Bitcoin Core 0.21-era code): no Dandelion; Tor is only used if the operator runs and configures it.
Hidden amounts (confidential transactions, RingCT, shielded pools, Mimblewimble)✗Transparent Bitcoin-style amounts; no confidential transactions.
Hidden sender and receiver (ring signatures or zero-knowledge proofs, one-time or stealth addresses)✗Transparent addresses and inputs; no ring signatures or stealth addresses.
Scalability (fees, throughput, block time, block space, features)7.9average of 4 parts source
Fees ($0.001 or less 10, $1 or more 0)–not yet measured
Throughput (2,478 a second, the busiest network's peak day, 10; 119, the median of the ten busiest, 5)5about 119 simple transactions a second
Block time (10 minutes 10, less either side)6.4a block every 1 minute
Block space per 10 minutes (32 MB or more 10)104 MB limit, 40 MB per 10 minutes
Features (3 checks)102 of 2 passed, 1 not yet researched
Payments safe to accept within seconds–Not established: no node software found.
Pruned nodes: a full node can validate and drop old history✓XBit Core 1.1 (Oct 2021, Bitcoin Core 0.21-era code): -prune keeps the UTXO set and recent blocks.
Light clients verify payments from headers or proofs, without a trusted server✓XBit Core 1.1 serves BIP37 Merkle proofs and BIP157 filters to SPV clients checking SHA-256 proof of work.
Security (miner pay and 7 checks)—1 of 1 points, 8 not yet measured source
Miners paid a day ($1,000 0, $10 million or more 10), 2 points–
Its own hashrate: at least half its algorithm's largest, not merge-mined–
Largest pool or validator under 50%–
Largest three under 75%–
More than one maintained client–
Node software is open source–Run for the Xbit Gaming Platform; per the Coinbase listing, the official mining pool admits only verified miners holding at least 10 million XBIT. No source code found.
Real on-chain use: 1,000+ transactions a day–
No 51% attack or deep reorganisation in five years✓
Programmability (tokens, contracts, 5 checks)3.33 of 9 points source
Token issuance0No token issuance on the chain itself
Smart contracts: scripting for spending conditions1XBIT runs Bitcoin-style Script limited to spending conditions (signatures, hash locks, multisig); no contract VM or token introspection.
Multisig and time locks✓OP_CHECKMULTISIG plus CLTV and CSV, active from genesis (BIP65Height and CSVHeight = 0 in XBit Core chainparams).
Atomic swaps with other chains✓HTLCs built from Script hash locks (OP_SHA256/OP_HASH160) with a CLTV refund branch are standard Script, so cross-chain hash-locked swaps work on XBIT.
An exchange built into the protocol✗No exchange or order book in the XBIT consensus rules.
Cross-chain messaging the chain verifies itself✗XBIT nodes verify no other chain; no protocol-level cross-chain messaging.
Non-fungible tokens✗No token or NFT type in the XBIT consensus rules.
Decentralisation6section average, 5 of 8 measured
Censorship resistant (Source)10No authority can halt the chain or freeze funds: Not established. source
No central team (Source)0A central team directs it: Run for the Xbit Gaming Platform; per the Coinbase listing, the official mining pool admits only verified miners holding at least 10 million XBIT. No source code found. source
Who can mint (Source)10Proof of work: 10 of 10 on the ladder of who produces blocks
Nodes (Source)—Not yet counted
Holder concentration (Source)—Not yet measured
Premine (allocated at launch)0100% of today's supply allocated at launch to founders, a company, a foundation or investors. Coinbase's asset page says the whole 1 billion XBIT cap was pre-mined within the first 100 blocks, after which blocks carry no new coins (miners earn only fees); a chain with no open minting is 100. source
Fundraising—Launch not yet researched
Developer share (after launch)10No developer share: every new coin goes to the miners or validators who produce blocks. No issuance after block 100, so no ongoing cut. source
Supply & Demand4.3group average
Supply & Demand (Source)0.8average of 1 measure
Exchanges (10 or more: 10)–exchanges not yet counted
Daily volume ($10K 0, $1B or more 10)0.8$24,514 traded in 24 hours; #2197 by volume
Turnover (volume ÷ market cap, 5% a day: 10)–not measured
Order-book depth (bids and asks within 2% ÷ market cap, 1%: 10)–not measured
Market cap ($1M 0, $10B or more 10)–not measured
Paper trading (futures, options and margin ÷ market cap, 0%: 10, 100%: 0)–not measured
Supply (smaller is better)7.8fixed maximum supply of 1 billion
Record7group average, 2 of 3 measured
Record (origin, claims, halts)103 positive, 0 negative source
Positive record
Launched with a stated purpose, not as a joke✓
No claims by its founders that contradict its own design✓
No halt, freeze or reversal in five years✓
Age (years since genesis) (Source)44 full years since 2022-06-10, the first day with a recorded price (genesis not yet researched, so the age can only be understated).
Development (work, improvements, unfixed issues)—Not yet measured: no commit count and no release research

Twenty criteria, weighted equally. The Cryptocurrency Standards have six sections: sound money qualities (six checks: scarcity, durability, fungibility, divisibility, portability, verifiability), privacy (five checks), scalability (four measures and three features), security (miner pay and seven checks), programmability (token issuance, smart contracts and five checks) and decentralisation (censorship resistance, no central team, who can mint, nodes, holders, premine, fundraising and developer share). Provisional: criteria marked — are not yet measured and are left out of the average. A rating of structure and market depth, not a price forecast or investment advice. How the grade is built · Highest-graded cryptocurrencies.

Supply

0 of a maximum 1,000,000,000 XBT are in circulation — 0.0% of the total that will ever exist.

Launch and allocation

Premine (allocated at launch)100% of today's supply
Developer share received since launch0% of today's supply
Developer share of new coins today0%

Coinbase's asset page says the whole 1 billion XBIT cap was pre-mined within the first 100 blocks, after which blocks carry no new coins (miners earn only fees); a chain with no open minting is 100.

Not documented.

Not documented.

No issuance after block 100, so no ongoing cut.

Only Coinbase's auto-generated asset description was found; no ANN thread, repository, explorer or project site. Aggregators show 0 circulating supply. Treat as unverified.

Sources: coinbase.com · coinbase.com. Researched 2026-10-26, low confidence.

The work behind it

No source we can reach publishes a hashrate for XBIT.

What a regulator has said

No SEC/CFTC determination — unclassified.

The regulator's position, reported as stated, not CoinSpectrum's. Assets nobody has ruled on are left unclassified rather than sorted by a guess.

How CoinSpectrum ranks XBIT

XBIT is #342 among cryptocurrencies and #4510 in the market ranking, which lists wrapped coins, staked derivatives, stablecoins and tokens alongside them. CoinSpectrum counts an asset once, and counts only cryptocurrencies: assets with their own blockchain and their own consensus. A wrapped coin, a staked derivative or a stablecoin is a claim on something already counted; a token, memecoin or otherwise, runs on another chain's blocks. All of them are listed, each in its own section, and none is added to the total. The 4168 places between XBIT's two ranks are held by claims and tokens, not by other networks. The methodology sets out the rule and the counting rule argues for it.

The price above is the median of the exchanges the site reads live, checked every minute and cross-checked against a market snapshot (how market data is gathered). The grade is scored on published criteria, each with its source (the method). The site is independent, nothing on it is a paid placement, and its statements are signed (about CoinSpectrum, the manifesto).

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