Rank #1795
1,293 people like this
basketcoin  (BSKT)

BasketCoin (BSKT)

$0.114367 2.6%
0.00000256 BTC -0.2%
0.00003653 ETH 0.8%
1,293 people like this
24H Range
Market Cap $1,817,435
24 Hour Trading Vol $398.13
Circulating Supply 15,891,243
Total Supply 20,492,837
Max Supply ?
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BasketCoin (BSKT) Price Chart

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BSKT Price and Market Stats

BSKT Price $0.114367
Market Cap $1,817,435
Market Cap Dominance 0.00%
Trading Volume $398.13
Volume / Market Cap 0.0002
24h Low / 24h High $0.111424 / $0.114819
7d Low / 7d High $0.099520220631 / $0.121682
Market Cap Rank #1795
All-Time High $1.62 -92.9%
May 05, 2021 (5 months)
All-Time Low $0.099520220631 14.9%
Sep 21, 2021 (2 days)

BasketCoin Price & Market Data

BasketCoin price today is $0.114367 with a 24-hour trading volume of $398.13. BSKT price is up 2.6% in the last 24 hours. It has a circulating supply of 16 Million BSKT coins and a total supply of 20.5 Million.

"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"

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