BasketCoin BSKT current price is $0.0575 with a marketcap of $914,166. Its price is -42.57% down in last 24 hours.
"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 2,100,000The 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
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