Rank #2809
bskt BasketCoin
$ 0.1387
0.00%
0.05204 BTC
204 satoshies0.00%
Market Cap
968,652.0358 $
24 Hour Trading Vol
843.7977 $
Circulating Supply
6,98 MLN.
Total Supply
14,88 MLN.
Max Supply
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Fully Diluted Valuation
2,06 MLN. $
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About Coin
"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"
Where is BasketCoin available for purchase?
You can exchange BSKT tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading BasketCoin is PancakeSwap (v2), notably the BSKT/WBNB pair, which saw a trading volume of $ 846.48 in the past day.
What is the highest value BasketCoin (BSKT) has ever reached?
BasketCoin (BSKT) reached its peak price at 1.62 $ on 05 May 2021, approximately 3 years ago ago. Presently, the current price is -91.43% lower than this all-time high.
What is the historical minimum price for BasketCoin (BSKT)?
The minimum price reached for BasketCoin (BSKT) was 0.04788 $, documented on 27 June 2022, more than 2 years ago. In comparison, the current price is 189.8%, it above this historical low.
What is the fully diluted valuation of BasketCoin (BSKT)?
The fully diluted valuation (FDV) of BasketCoin (BSKT) stands at $ 2,06 MLN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of BSKT tokens. The realization of this FDV might take several years depending on the emission schedule of BSKT tokens.
How to add BasketCoin (BSKT) to MetaMask?
By integrating BasketCoin (BSKT) into MetaMask, you gain access to features like monitoring your token balances and trading on decentralized exchanges. To do this, you'll need to import BSKT as a token. You can either manually import BSKT by copying its contract address (0x4dd1984a706e1c2c227bea67ad2f92dbde30afce) or use MetaMask's Chrome extension to add BSKT with a single click through Pirate.Place.
How to add BasketCoin (BSKT) to TrustWallet?
Incorporating BasketCoin (BSKT) into your TrustWallet setup enables you to monitor your token holdings and engage in decentralized exchange transactions, among other functions. To include BSKT, you can either manually import it using the contract address (0x4dd1984a706e1c2c227bea67ad2f92dbde30afce) or conveniently add it to Trust Wallet with just one click via Pirate.Place if you've installed Trust Wallet's Chrome extension.
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