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Backpack (BP)

Backpack BP

Rank #233
$0.4624
-10.66% 24h
Layer 1Proof of StakeSmart Contracts ● Updated 8 min ago · daily refresh

Backpack (BP) trades at $0.4624, the 233th-largest cryptocurrency by market capitalisation at $115.6 M. Over the past 24 hours it is -10.66% and over the week -18.62%. Our composite Price Strength score reads 28/100, liquidity health 9/100, and 7-day annualised volatility sits near 112% — higher than 93% of the top 100 coins.

Backpack · At a glance

28
Price Strength Bearish
9
Liquidity Thin
112%
Volatility pctile 93
-0.05
BTC Correlation independent
59%
ATH Recovery of ATH
Medium
Confidence of model

Ecoonomia composite scores derived from live market data. Methodology →

Backpack · Price chart (7 days)

Price performance

1h24h7d30d1y
+0.00%-10.66%-18.62%-18.62%+0.00%

Market statistics

Market Cap$115.6 M
24h Volume$4.2 M
24h Turnover3.6%
Volatility (7d ann.)112%
Circulating Supply250,000,000 BP
Max Supply1,000,000,000
All-Time High$0.7832
All-Time Low$0.1179
Fully Diluted Val.$462.5 M
BTC Correlation (7d)-0.05
ATH Recovery59%

Backpack · Market analysis

Volatility & risk

Realised volatility for BP is elevated, with a 7-day annualised reading near 112%, placing it above 93% of the top 100 by volatility. Expect wide swings and size positions accordingly.

Liquidity & depth

Around $4.2 M changed hands in 24 hours — about 3.6% of market value turning over daily — which we read as thin liquidity, so larger orders can move the price.

Correlation with Bitcoin

Over the past week BP's returns correlate -0.05 with Bitcoin: it moves with relative independence from Bitcoin. Correlation regimes shift, so treat this as a snapshot.

BP to USD

BPUSD
0.5 BP$0.2312
1 BP$0.4624
5 BP$2.31
1 BP$4.62
25 BP$11.56
5 BP$23.12
1 BP$46.24
5 BP$231.22
1, BP$462.43
10, BP$4,624

Supply & tokenomics

Backpack has a circulating supply of 250,000,000 BP against a hard cap of 1,000,000,000 — 25% of the maximum already exists. A meaningful share is still to be released, so emission schedules are worth tracking.

25% of supply in circulation

Backpack · Price prediction 2026–2027

TechnicalBearish$0.3977 – $0.4994
Statistical$0.4366$0.0462 – $1.03
Relative (peers)+0.02%$0.4255 – $0.5087
PeriodLowAverageHighPotentialBias
24 Hours$0.4543$0.4622$0.4733-0.06%Neutral
7 Days$0.4399$0.4606$0.4899-0.39%Neutral
30 Days$0.4124$0.4547$0.5146-1.68%Neutral
3 Months$0.3680$0.4392$0.5401-5.02%Neutral
6 Months$0.3215$0.4172$0.5527-9.79%Bearish
1 Year$0.2542$0.3763$0.5493-18.62%Bearish
End of 2026$0.3289$0.4210$0.5516-8.95%Bearish
End of 2027$0.2086$0.3426$0.5326-25.91%Bearish
2031$0.0453$0.1650$0.3347-64.31%Bearish

The ensemble blends a technical (momentum), statistical (volatility) and relative (comparable peers) model. Probabilistic scenarios, not financial advice.

About Backpack

How Backpack works

Backpack is a layer-1 smart-contract platform secured by proof-of-stake: validators lock up (stake) BP to propose and attest blocks, and earn rewards for honest behaviour while risking penalties (slashing) for misbehaviour. Developers deploy decentralised applications on top of it.

What is Backpack used for?

Backpack powers DeFi, NFTs, stablecoins and on-chain applications; BP is used to pay transaction fees (gas), to stake and help secure the network, and to participate in governance.

Risks & considerations

All crypto-assets are volatile and high-risk; never invest more than you can afford to lose. Specific risks include validator centralisation, slashing, smart-contract bugs in the ecosystem and competition between chains.

Where to buy Backpack

Regional platforms

In Latin America and Spain you can buy Backpack on local Spanish-speaking platforms:

BitsoMexico · LatAm
Lemon · BuenbitArgentina
Bit2Me · BitnovoSpain
Binance · Coinbase · KrakenGlobal

Backpack vs comparable coins

CoinPrice24h7dCap
Venice Token VVV$11.04+0.51%-1.30%$522.6 M
USX USX$0.9998-0.03%+0.02%$522.9 M
YLDS YLDS$0.9998-0.01%+0.01%$551.8 M
Usual USD USD0$0.9986-0.01%+0.04%$552.4 M
XDC Network XDC$0.0278+2.01%+1.78%$553.5 M
Flare FLR$0.006499-2.70%-2.44%$564.3 M

Backpack · FAQ

What is the current price of Backpack (BP)?
Backpack is trading at $0.4624 with a market capitalisation of $115.6 M. Prices on this page update from live market data.
Will Backpack go up in 2026?
No one can predict prices with certainty. Our model produces a banded scenario from Backpack's momentum and volatility — see the forecast table above. It is an estimate, not financial advice.
Where can I buy Backpack?
Backpack can be bought on major global exchanges (Binance, Coinbase, Kraken) and, depending on your country, on regional platforms such as Bitso (Mexico), Buenbit or Lemon (Argentina) and Bit2Me or Bitnovo (Spain).
Is Backpack a good investment?
That depends on your goals and risk tolerance. Backpack is volatile; never invest more than you can afford to lose. This is informational content, not financial advice.

Disclaimer: informational content only, not financial advice. Cryptocurrencies are volatile and high-risk. Predictions are model estimates and may be inaccurate.