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M. Cap: $2.35 T -4.95%24h Vol: $107.03 B 45.62%BTC: $63,229.88 -4.44%ETH: $3,106.00 -4.69%S&P 500: $5,072.50 0.02%Gold: $2,318.06 -0.11%BTC Dominance: 52.77%
  • #2661

Basis Cash BAC

BAC Price

$0.003691-0.68%
Price Range--
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Market Cap 

$201,382.28Rank #2661

FDV 

$201,437.24Rank #2605

Investors

Twitter Followers

Twitter Performance

617Rank by Twitter #2141
  • 0
  • 100
  • 1000
  • 4000
Data from TweetScout 

Detailed Performance

SentimentBearish

BAC shows Bearish signs against top cryptocurrencies, leading categories and blockchains over various time periods

Trading Pair1h24h7d1m3m1y
BAC/USD
-0.14%-0.64%-0.45%-9.68%-11.44%-12.67%
BAC/BTC
1.24%3.94%-1.84%-4.20%-44.09%-62.05%
BAC/ETH
0.73%4.20%-2.81%0.21%-37.01%-48.59%
BAC/DeFi
0.88%8.15%-3.99%32.42%-26.08%-49.68%
BAC/Algorithmic Stablecoins
-0.94%-0.32%-0.75%-8.55%-4.38%31.72%

BAC to USD Converter

BAC

Price History

All-Time High
$1,010.99
273907x to ATH
All-Time Low
$0.00174
2.12x to ATL
Trade Launch Date
30 Nov, 2020
1242 days ago

Fundraising

See more
--USD ROI
--BTC ROI
--ETH ROI
ICO Price
--
Funds Raised
$133.00 M
Tokens Sold
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Exchanges

Exchanges type

Gate.io
BAC/USDT
3x
$0.0037$14,256.2691.585%Recently
Gate.io
BAC/ETH
$0.0037$1,309.838.415%Recently
HitBTC
BAC/USDT
$0.0098$0.000.000%Recently

About BAC

Basis Cash is an algorithmic stablecoin that is designed to maintain a peg of 1 USD. It aims to stabilize purchasing power by expanding and contracting its supply, similar to how central banks trade fiscal debt. Unlike other stablecoins, Basis Cash does not rely on collateral or rebases. It can be used as a medium of exchange. Additionally, Basis Cash has governance tokens called Basis Shares, which allow holders to participate in the protocol's governance and receive seigniorage rewards.

What makes Basis Cash unique?

Basis Cash is unique compared to other cryptocurrencies because it is an algorithmic stablecoin pegged to 1 USD. It aims to stabilize purchasing power by expanding and contracting its supply, similar to how central banks trade fiscal debt. Unlike other stablecoins, Basis Cash does not rely on collateral or rebases, reducing collateral risk. Additionally, Basis Cash has a governance system through its Basis Share tokens, allowing holders to participate in protocol governance and receive seigniorage rewards. This combination of stability and governance sets Basis Cash apart from other cryptocurrencies.

Live Basis Cash Price Data

The current price of Basis Cash (BAC) is approximately $0.003691, reflecting a decrease of -0.68% in the last 24 hours. The BAC trading volume in the last 24 hours stands at $15,582.36. Basis Cash's market cap is currently $201,382.28, accounting for about < 0.01% of the total crypto market cap. The circulating supply of BAC is 54.58 million.

For a comprehensive list of exchanges, visit our crypto exchanges page. To understand Basis Cash's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on BAC, check out our crypto insights page.

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