Meticulously crafted basket of several cryptocurrencies which are utilized in most trusted staking & DeFi platforms to strengthen buy-backs & burns process.
With regret, I must announce the end of the BasketCoin project — today, I am closing the basket.
Why?
This decision is based on several reasons:
1. Upcoming regulations in the European Union, which may prevent further development or even the continuation of the project. There is a real risk of funds being frozen, so I decided to shut down Basket before that happens.
2. A hacking attack at the end of 2024, which resulted in the loss of 1.84 BTC from the basket —22% of the investment on the Flamingo Finance platform. Flamingo had been considered "safe" for many years, but the attack targeted the bridge between EVM and NEO3 (PolyNetwork), not the platform itself.
Flamingo announced it would compensate half of the losses after a month. However, more than half a year has passed, and nothing has happened. I don’t want to wait any longer.
Information link:
👉 https://t.co/Y5rYECaQi3
I made a mistake by not informing you about this situation earlier. I hoped that the funds would be returned, at least partially. Today I know that was a mistake, and I can no longer count on any reimbursement. This loss is another argument in favor of closing the project.
---
Important Information:
I want to be fully transparent:
- Only I decided where the Basket funds were invested.
- Only I knew the exact details.
- No one from the team was informed about the hacking incident.
---
What needs to be done?
👉 Send your BSKT tokens to the deployer address:
0x26aA2786a93162925be8cc9f228D509B853837B4
After sending, simply wait for USDT — it will be sent to the same address from which the BSKT was sent.
- USDT payouts will be processed daily throughout April, and then at least once a week.
- The value of 1 BSKT will be calculated after the entire process is complete (details below).
---
Timeline of Actions
1. 📣 Announcement on Telegram and X, disabling messaging in the group.
(Only updates about the exchange process and BSKT valuation will be posted there.)
❓ Please direct all questions privately to me: @Kryptoboom83
2. 🔄 Conversion of all crypto from the basket to USDT
⏰ by April 6, 2025, 18:00
3. 🔥 Burning of BSKT from the transaction fee wallet (0.5%) and Buyback and Burn wallet
⏰ by April 6, 2025, 18:00
4. 💧 Removal of liquidity from the PancakeSwap pool and burning of BSKT from that pool
⏰ April 6, 2025, 18:00
5. 🧮 Calculation of 1 BSKT value:
(Total USDT / remaining circulating BSKT)
⏰ April 6, 2025, 18:30
6. 💸 Start of USDT payouts to users who returned BSKT
⏰ April 7, 2025, from 12:00
---
🙏 Thank you to everyone who was part of this project.
It’s been a long road full of lessons.
@Kryptoboom83
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Z przykrością muszę ogłosić koniec projektu BasketCoin — dzisiaj zamykam koszyk.
Dlaczego?
Decyzja ta wynika z kilku powodów:
1. Nadchodzące regulacje w Unii Europejskiej, które mogą uniemożliwić dalszy rozwój, a nawet działanie projektu. Istnieje realne ryzyko zamrożenia środków, dlatego postanowiłem zamknąć Basketa zanim do tego dojdzie.
2. Atak hakerski z końca 2024 roku, w wyniku którego koszyk stracił 1,84 BTC, co stanowiło 22% inwestycji na platformie Flamingo Finance. Platforma przez wiele lat uchodziła za „bezpieczną”, jednak atak był wymierzony w bridge pomiędzy EVM a NEO3 (PolyNetwork), a nie samą platformę.
Flamingo ogłosiło, że zrekompensuje połowę strat po miesiącu. Minęło już jednak ponad pół roku, a nic się nie wydarzyło. Nie chcę dłużej czekać.
Link do informacji:
👉 https://t.co/Y5rYECaQi3
Popełniłem błąd, nie informując was wcześniej o tej sytuacji. Liczyłem, że środki zostaną zwrócone, choćby częściowo. Dziś już wiem, że był to błąd i nie mogę na dłużej liczyć na ten zwrot. Ta strata to kolejny argument za zamknięciem projektu.
---
Ważna informacja
Chcę być w pełni transparentny:
Tylko ja decydowałem, gdzie były inwestowane środki z Koszyka.
Tylko ja znałem dokładne szczegóły.
Nikt z zespołu nie był informowany o sytuacji z hakiem.
---
Co trzeba zrobić?
👉 Wyślij swoje BSKT na adres deployera:
0x26aA2786a93162925be8cc9f228D509B853837B4
Po wysłaniu, po prostu czekaj na USDT — zostaną przesłane na ten sam adres, z którego wysłano BSKT.
• Wysyłki USDT będą realizowane codziennie przez cały kwiecień, a później minimum raz w tygodniu.
• Wartość 1 BSKT zostanie wyliczona po zakończeniu całego procesu (szczegóły niżej).
---
Harmonogram działań
1. 📣 Publikacja informacji na Telegramie i X, zablokowanie możliwości pisania na grupie.
(Będą tam pojawiać się tylko komunikaty związane z wymianą i wyceną BSKT.)
❓ Pytania proszę kierować wyłącznie do mnie na priv: @Kryptoboom83
2. 🔄 Wymiana wszystkich krypto z koszyka na USDT
⏰ do 6.04.2025, godz. 18:00
3. 🔥 Wypalenie BSKT z portfela opłat transakcyjnych (0,5%) oraz z Buyback and Burn
⏰ do 6.04.2025, godz. 18:00
4. 💧 Wyciągnięcie liquidity z poola PancakeSwap i wypalenie BSKT z tego poola
⏰ 6.04.2025, godz. 18:00
5. 🧮 Wyliczenie wartości 1 BSKT:
(Wszystkie USDT / pozostałe BSKT w obiegu)
⏰ 6.04.2025, godz. 18:30
6. 💸 Start wysyłki USDT do osób, które odesłały BSKT
⏰ 7.04.2025, od godz. 12:00
---
🙏 Dziękuję wszystkim, którzy byli częścią tego projektu.
To była długa i pełna nauki droga.
@Kryptoboom83
Binance Launchpool Update:
We've secured 338 $SHELL from @myshell_ai and 392 $RED from @redstone_defi!
Sold half of each for a combined $165, keeping the remainder for future opportunities 🚀
The proceeds were used to purchase 1104 $BSKT for our Buyback and Burn program. 🔥
This move is part of our ongoing efforts to enhance the scarcity and value of The Basket. 🌱
Thank you for your support as we continue to strategically strengthen our portfolio! 🙏
#BinanceLaunchpool #BSKT #BuybackAndBurn #TheBasket
#BinanceLaunchpool & Megadrop Activities Update:
We've been busy enhancing the value of The Basket with strategic moves! 🚀
1⃣ From @KaitoAI, we acquired 272 $KAITO, sold half for $189, and bought 1072 $BSKT for our Buyback and Burn program. 🔥
2⃣ We got 136 $BERA from @berachain, sold half for $404, investing in 2516 $BSKT to bolster our Buyback and Burn efforts. 🔥
3⃣ Gained 412 $LAYER from @solayer_labs to our portfolio, sold half for $185, and used the funds to acquire 1090 $BSKT for Buyback and Burn. 🔥
These moves strengthen our commitment to reducing supply and enhancing the value of The Basket.
A huge thanks to our community as we continue to push for strategic growth and value! 🙏
#BasketCoin #BuybackAndBurn #TheBasket
🚀 #BinanceLaunchpool Update:
We've secured 6780 $ANIME from @animecoin!
Sold half for $337, preserving the rest for future strategic endeavors. 📈
🔥 🧺 The $337 earned was strategically used to purchase 1782 $BSKT for our Buyback and Burn program, reinforcing the scarcity and value of our token.
Thanks to everyone for your support as we continue to push forward with impactful decisions! 🙏
#BuybackAndBurn #BasketCoin
🚀 #BinanceLaunchpool Update:
We've acquired 11,634 $SOLV from @SolvProtocol!
Sold half for $896, keeping the remainder for future strategic initiatives. 📈 The $896 earned has been invested in purchasing 4561 $BSKT for our Buyback and Burn program, further enhancing the scarcity of our token. 🔥 🔥 🔥
This strategic investment highlights our commitment to increasing the value and sustainability of The Basket 🧺
🙏 Thank you to our community for your continuous support as we continue to advance our strategic goals!
#BuybackAndBurn #BasketCoin
🚀 #BinanceLaunchpool Update:
We've secured 1084 $BIO from @bioprotocol!
Sold half for a robust $462, while reserving the remaining tokens for future strategic use. 📈
The $462 earned has been utilized to purchase 2228 $BSKT 🧺 for our Buyback and Burn program, intensifying the scarcity of our token. 🔥
This move is part of our ongoing strategy to enhance the intrinsic value of our token and solidify our commitment to community growth. 🌱
A big thank you to all our supporters as we push forward with impactful strategies! 🙏
#BasketCoin #BuybackAndBurn
🎉 🥂 Happy New Year from the BasketCoin 🧺 team!
May 2025 bring you success, happiness, and exciting opportunities 💵 💰
🙏 Thank you for your trust and support – let’s make this year unforgettable together! 🚀 🔥 🚀
#BasketCoin#HappyNewYear
🔥 Mega Burn Alert! 🔥 🔥 🔥
This quarter we torched a massive 326 943 #BSKT tokens, worth over $60 000! 📈 💰 🔥 Dramatically tightening supply & enhancing token value.
🔥 Feel the heat as we ignite our growth and push boundaries in the crypto space! 🚀
👀 Watch it burn:
🔗 https://t.co/JBPPzMDbQn
#BuybackAndBurn #BasketCoin #Deflation
🎄 Merry Christmas from the entire BasketCoin team! 🧺
May this Christmas be filled with joy, warmth, and prosperity for you and your loved ones.
🙏 Thank you for being part of our journey this year – we look forward to an exciting 2025 together! 🌟
#BasketCoin #MerryChristmas
#BinanceLaunchpool Update:
We've successfully acquired 40127 $PENGU from @pudgypenguins and sold them all for $2194. 📈
🔥 The proceeds have been smartly reinvested into purchasing 10242 $BSKT for our Buyback and Burn program, aimed at increasing the scarcity of our token
This proactive step enhances our token's intrinsic value and demonstrates our commitment to our community's long-term growth. 🌱
Thanks to everyone for your support as we continue to navigate and optimize our strategic efforts! 🙏
#BasketCoin #BuybackAndBurn
🚀 #BinanceLaunchpool Update:
Exciting news! We acquired 17,199 $1000CAT from @SimonsCatMeme and sold the entire lot for $1093. 📈
We've put that $1093 to good use, purchasing
5238 $BSKT for our Buyback and Burn program, actively increasing the scarcity of our token. 🔥
This strategic move is crucial in our ongoing efforts to enhance the intrinsic value of our token. 🌱
Thank you all for your continued support as we strive to make impactful decisions for our community's growth!🙏
🚀 #BinanceLaunchpool Update: Just in!
We acquired 53 $VANA from @withvana and sold the entire batch for $1000 💰
📈 We've used the $1220 earned to purchase
6070 $BSKT for our Buyback and Burn program, aimed at increasing the scarcity of our token 🔥🔥
This decisive action underscores our commitment to actively managing our assets for the long-term benefit of our community. 🌱
Huge thanks to everyone for your support as we continue to strengthen and grow! 🙏
#BasketCoin #BuybackAndBurn #BSKT
🚀 #BinanceLaunchpool Update:
We’re thrilled to announce we’ve secured 3238 $MOVE from @movementlabsxyz!
Sold half for a solid $1653, while saving the remaining tokens for future strategic deployment. 📈
The proceeds were smartly used to purchase 9021 $BSKT for our Buyback and Burn program, significantly reinforcing our commitment to enhancing our ecosystem.
Thank you all for your ongoing support as we continue to make impactful decisions! 🙏
#BasketCoin #BuybackAndBurn
🔥 The Vote Is In: Burn Approved! 🔥
📣 The community has spoken, and one of the biggest burns in BasketCoin’s history is happening! 🔥 🧺 🔥
With 250-350K BSKT (~$50K USD) set to be burned, this will:
✅ Reduce total supply
✅ Increase scarcity & value
✅ Strengthen investor confidence
Thank you for your votes and support. Together, we’re making #BasketCoin stronger than ever! 💪
Stay tuned for updates!
#BSKT #BuybackAndBurn #Governance
🚀 One of the Biggest Burn in BasketCoin History Incoming!?!?? 🔥
We're proposing a massive burn of 250-350K BSKT (~$50K USD)!
Here's the plan:
✅ Use 2.5 ETH + 50% CAKE to buy & burn BSKT
✅ Burn ~100,000 BSKT from BuybackAnd Burn
✅ Allocate Binance Launchpad tokens for the burn
Objectives:
🔹 Reduce total supply
🔹 Increase scarcity & value
🔹 Boost investor confidence
Vote NOW:
🔗 https://t.co/HGqU9YfP0t
Your voice matters. Let’s make #BasketCoin stronger together! 💪
#BSKT #BuybackAndBurn #Gov
🎉 Exciting news! Our brand-new website is live! 🚀
💡 What’s new?
✨ Improved UX/UI for a seamless experience
🌙 Night mode for your convenience
💱 Currency selector for global accessibility
📱 All BasketCoin dApps in one place
Check it out now: 🔗 https://t.co/RCj5Iry8Gk
🚀 Huge milestone for BasketCoin!
The value of The Basket 🧺 has hit $3,000,000! 💰💸
🔥 With a limited supply of only 14.8 million $BSKT, decreasing daily through Buyback and Burn, we're creating real scarcity in the market.
Join us on this journey to 2,1mln $BSKT! 🔥
#BasketCoin #BuybackAndBurn #TheBasket
🚀 #BinanceAirDrop Update:
We've acquired 338 $THE from @ThenaFi_!
Sold half for $235, reserving the rest for future strategic use 📈 🧺
💰 The $235 earned has been invested in purchasing 1410 $BSKT for our Buyback and Burn program, reinforcing our commitment to enhancing our ecosystem 🔥
Thanks for your support as we continue to focus on strategic improvements! 🙏
#BSKT #BuybackAndBurn #BasketCoin
🪂 Airdrop Celebration! 🪂
@ari10com and BasketCoin are strengthening their marketing collaboration!
As a result, a staggering 42 306 $BSKT, worth over
💰 $7000 USD, were distributed to Ari’s stakers 🚀
This substantial airdrop not only rewards the stakers but also enhances the value of #BSKT 🧺
Big thanks to Ari10 for their continued partnership and commitment to promoting BasketCoin! 🙏
#BasketCoin #Airdrop #ARI #BSKT