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1.54%
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      BasketCoin BSKT Logo
      BasketCoin BSKT
      $0.18818 0.00%
      OG Score 0
      Reviews 0
      BasketCoin BSKT Logo

      BasketCoin BSKT Price

      $0.18818 0%
      Low All Time High
      $0.04788178 $1.62

      Introduction

      BasketCoin is a deflationary cryptocurrency backed by a diversified basket of assets, designed to provide stability and profit through staking. More

      OG Score 0
      Reviews 0
      Market Cap $2.52M
      Market Cap Rank # 2526

      Token Stats

      Fully Diluted Valuation $2.80M
      24H Trading Volume $143,949
      24H Low / High $0.00 / $ 0.00
      Circulating Supply 13.42 M
      Total Supply 14.88 M
      Max Supply ∞

      Info

      Categories BNB Chain Ecosystem
      Founder Anonymous
      Website basketcoin.io
      Socials 2 more
      Chains Binance-smart-chain Ecosystem
      Explorer Binplorer 2 more
      Contracts BasketCoin 0x4dd....0afce

      BSKT/USD Price Chart

      24h 7d 1m All

      $BSKT Community Sentiment

      OG Evaluation

      OG Score

      OG Score Rank #NA
      Reviews 0
      Gem Score N/A

      OGAudit Coin Evaluation Metrics

      Innovation 0 .00
      Innovation Evaluates whether the project introduces a unique, impactful solution that clearly outperforms competitors.
      Security 0 .00
      Security Assesses the robustness of smart contracts or protocol security, and the availability of up-to-date audit reports.
      Community 0 .00
      Community Measures how actively the team engages its community and whether governance decisions involve on-chain voting or transparent input.
      Tokenomics 0 .00
      Tokenomics Examines the utility of the token, distribution fairness, and whether there are clear incentives for long-term holding or usage. Also evaluates the project’s revenue model, including income sources, sustainability, and whether value flows back to token holders or the ecosystem.
      Team 0 .00
      Team Evaluates the experience,credibility of the founding and development team.
      Roadmap 0 .00
      Roadmap Assesses the clarity, transparency, and timely execution of the project's development roadmap.

      BasketCoin $bskt User Reviews

      What Crypto OGs are Saying About BasketCoin

      $bskt Markets

      Name Pair OG Score

      About BasketCoin $bskt

      What is BasketCoin (BSKT)?

      BasketCoin is a unique cryptocurrency designed to offer a stable and potentially profitable investment through a diversified portfolio of various cryptocurrencies. It combines features of deflationary tokens with the benefits of decentralized finance (DeFi) and staking.

      Key Features of BasketCoin

      1. Deflationary Model:
      BasketCoin is designed to decrease its total supply over time. A portion of every transaction—2.5%—is allocated as follows: 1% is burned, 1% goes to a staking rewards pool, and 0.5% is added to the liquidity pool. This model aims to create scarcity and potentially increase the value of remaining tokens.

      2. Diversified Cryptocurrency Basket:
      The value of BasketCoin is secured by a basket of cryptocurrencies, including major assets like Bitcoin (BTC) and Ethereum (ETH), among others. This diversification helps mitigate volatility and offers a more stable investment base.

      3. Staking Opportunities:
      BasketCoin allows users to participate in staking, where they can lock up their tokens to earn rewards. This incentivizes holding the token and contributes to the network's stability and security.

      4. Buyback and Burn Process:
      Revenues generated from the basket's cryptocurrencies are used to repurchase BasketCoin tokens from the market and burn them. This strategy not only reduces supply but also aims to increase the token's value over time.

      Security Measures

      BasketCoin employs multiple security measures to protect its users and assets:

      • Two-Factor Authentication (2FA): An additional layer of security requiring users to verify their identity through two methods.
      • Cold Storage: Most assets are kept offline to protect against online theft.
      • Identity Verification: Ensures that all participants are legitimate, maintaining the integrity of the platform.

      Conclusion

      BasketCoin offers an innovative approach in the cryptocurrency space, focusing on stability, deflation, and diversified investments. Its unique mechanisms, including staking and a buyback-and-burn process, aim to create a resilient and potentially lucrative digital asset for investors. As always, it’s essential for potential investors to conduct thorough research and understand the risks associated with cryptocurrency investments.

      What is unique about BasketCoin (BSKT)?

      BasketCoin is unique due to its deflationary model, backed by a diversified basket of cryptocurrencies that helps mitigate volatility while offering staking opportunities and a buyback-and-burn process to enhance value over time.

      Who are the founders of BasketCoin (BSKT)?

      The founders of BasketCoin are a team of experienced professionals in the cryptocurrency and finance sectors, dedicated to creating a stable and innovative digital asset.

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