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hiBAKC news
About hiBAKC
What Is hiBAKC?
hiBAKC is an NFTETF (Non-Fungible Token Exchange Traded Fund) token that is backed by the Bored Ape Kennel Club NFTs (Non-Fungible Tokens). One hiBAKC token represents 1/1,000,000 Bored Ape Kennel Club in an on-chain Bored Ape Kennel Club Meta-swap pool operating automatically on the Fracton Protocol's smart contracts. No one has the authority to control them, and it's also permissionless for users to redeem Bored Ape Kennel Club NFTs from hiBAKC tokens with only a 0.6% redemption fee.
How Many hiBAKC Coins Are There in Circulation?
The total supply of hiBAKC tokens is dependent on the number of Bored Ape Kennel Club NFTs in the meta-swap pool. There is no hard cap for hiBAKC. For every Bored Ape Kennel Club NFT in the pool, there are 1,000,000 hiBAKC tokens in circulation.
How Is the hiBAKC Network Secured?
hiBAKC is an Ethereum-based, ERC-20-compatible token. As such, it is secured by Ethereum's state machine.
The live hiBAKC price today is $0.001678 USD with a 24-hour trading volume of $56,216.38 USD. We update our HIBAKC to USD price in real-time. hiBAKC is down 7.00% in the last 24 hours. The current CoinMarketCap ranking is #2377, with a live market cap of $10,066.49 USD. It has a circulating supply of 6,000,000 HIBAKC coins and a max. supply of 6,000,000 HIBAKC coins.
If you would like to know where to buy hiBAKC at the current rate, the top cryptocurrency exchange for trading in hiBAKC stock is currently KuCoin. You can find others listed on our crypto exchanges page.