BasketCoin Price (BSKT)
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BSKT Price Live Data
The live BasketCoin price today is $0.630329 USD with a 24-hour trading volume of $114,848 USD. BasketCoin is down 17.04% in the last 24 hours. The current CoinMarketCap ranking is #3285, with a live market cap of not available. The circulating supply is not available and a max. supply of 21,000,000 BSKT coins.
It’s first deflationary token, secured with a basket of cryptocurrencies, with the possibility of staking.
BasketCoin is: Deflationary, With collateral - covering its value, With the system of repurchase and burning of BSKT tokens.
A fee of 2% of the value of each transaction will be taken from the transfer - half is burned out, the other half goes to the staking/reward redistribution pool which indeed speeds up the process of reducing supply. Smart Contract itself assumes that a total of 90% of all BSKT will be burned -> supply will decrease from 21,000,000 to 2,100,000
The BSKT token is secured with a basket of seven cryptocurrencies that cover its value. The security so adopted is intended to ensure a constant and stable increase in the value of tokens. Thanks to the correct match of coins in our basket, its value is less susceptible to fluctuations appearing in the cryptocurrency market. The BSKT token security chart looks like this:
Bitcoin (BTC) – responsible for 25% of the value of the coverage,
Ethereum (ETH) – responsible for 25% of the coverage value,
Polkadot (DOT) – responsible for 10% of the coverage value, Smarkey (SKEY) – responsible for 10% of the coverage value, YfDAI.finance (YF-DAI) – responsible for 10% of the coverage value, USD Coin (USDC) – responsible for 10% of the coverage value, Basketcoin (BSKT) – responsible for 10% of the coverage value.
- All listed cryptocurrencies that make up the BSKT basket will be used to generate additional profits on platforms such as:
Crypto.com (profits of 3%-12% APR), YF-DAI (profits up to 72% APR), Swissborg (profits up to 20% APR), and other decentralised profit-generating platforms in DeFi format.
Revenues from these platforms will be used in the repurchase process for the redemption and burning of BSKT tokens, contributing to a significant reduction in supply on the secondary market. 90% of the above profits will be used for repurchase and burnout, while the remaining 10% will be used for ongoing and necessary expenses related
BSKT Price Statistics
|24h Low / 24h High|
|Volume / Market Cap||No Data|
|Market Dominance||No Data|
|Market Cap||No Data|
|Fully Diluted Market Cap||$13,236,911.40|
|Yesterday's Low / High|
|Yesterday's Open / Close|
|7d Low / 7d High|
|30d Low / 30d High|
|90d Low / 90d High|
|52 Week Low / 52 Week High|
All Time HighMay 05, 2021 (6 days ago)
All Time LowApr 18, 2021 (23 days ago)
|BasketCoin ROI||No Data|
|Circulating Supply||No Data|
|Total Supply||No Data|
|Max Supply||21,000,000 BSKT|