As a result of an apparent glitch, Wrapped Bitcoin (wBTC), the largest synthetic version of the top cryptocurrency, is now worth over $400 quadrillion on CoinMarketCap.
In reality, wBTC only has a market cap of $4.3 billion. While undoubtedly impressive, it's not even enough to crack into the top 10, let alone topple Bitcoin.
Alex DovbnyaDisclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
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