Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn

What is Cobak Token (CBK)?

Cobak Token basic info

Name:Cobak Token
Ticker:
Introduction:

What Is Cobak Token?

Cobak Token, often referred to as CBK, is the utility token of Cobak, a premier crypto platform in Korea. It's not just a simple utility token; it represents a transformative shift in the crypto realm, encapsulating the vibrant ecosystem of Cobak. This ecosystem thrives on crypto forums, token sales, and a range of other blockchain-driven features. Moreover, with a strong user base of over 300,000 cryptocurrency enthusiasts, Cobak has firmly established itself as a formidable entity in the blockchain sector, capitalizing on the revolutionary potential of blockchain technology to reshape b1678b38-36d0-4761-9ed2-48aaafb0338e landscapes and create value from data.

Resources

Whitepaper: https://storage.cobak.co/custom_upload/1599808473023280_729b6827ea.pdf

Official Website: https://cobak.co.kr/

How Does Cobak Token Work?

Cobak Token serves as an incentive mechanism. It’s a reward system tailored for the Cobak platform, designed to appreciate and incentivize users for their active engagement and invaluable contributions to the community. Cobak has been recognizing and rewarding its members for the past two years, a testament to the platform's commitment to its community. The introduction of Cobak Tokens, therefore, is a strategic move to fortify the reward system, encouraging increased transactions on the platform.

Furthermore, Cobak Token isn't just about rewards. It's about fostering a sense of community, reinforcing the bond among members, and amplifying the platform's influence in the crypto world, especially in Korea. With the token, Cobak aims to stimulate global expansion, reaching out to broader horizons and tapping into new markets. It aligns with the current trend of "mass adoption," where communities play a pivotal role. These communities, like Cobak, are the crucibles where cultures, common perspectives, and unique crypto languages are forged, guiding behaviors and setting standards for the industry.

What Is CBK Token?

CBK serves as the utility token of Cobak ecosystem. CBK has a max supply of 100,000,000. The current circulating supply of CBK is 78,071,865. As Cobak continues its trajectory of growth, CBK is set to play an even more significant role in shaping the future of cryptocurrency and blockchain in Korea and beyond.

What Determines Cobak Token's Price?

The price of Cobak Token, like many other cryptocurrencies, is primarily influenced by the fundamental principle of supply and demand. A surge in demand for Cobak Token, coupled with a limited supply, often drives its price upwards. On the flip side, when demand wanes, the price tends to decrease. Cryptocurrency charts and cryptocurrency analysis provide insights into these fluctuations, with cryptocurrency price predictions often relying on them to gauge future trends. Moreover, the latest news plays a crucial role. Developments in cryptocurrency regulation, security concerns, and the overall sentiment of the cryptocurrency trends can sway the market in unexpected ways.

Another significant determinant of Cobak Token's price is market volatility. The world of cryptocurrency is known for its rapid and often unpredictable price swings, which can be attributed to factors ranging from cryptocurrency risks to global economic shifts. For instance, the best crypto investment for 2023 and beyond might differ from today's top choices, given the ever-evolving nature of the industry. Furthermore, the latest developments in the blockchain realm, especially those related to Cobak Token, can either bolster its value or lead to declines.

For those looking to venture into the world of Cobak Token, understanding these dynamics is crucial. Where to buy cryptocurrency is also a frequent question among potential investors. For Cobak Token, one can make a purchase on leading exchanges such as Bitget. As the cryptocurrency adoption wave continues to swell, being informed and staying updated on these factors will be pivotal in making sound investment decisions.

Show more
Current price:
All-time high:$16.31
All-time low:$0.3886

CBK supply and tokenomics

Circulating supply:89,441,990 CBK
Total supply:100,000,000 CBK
Max supply:100,000,000 CBK
Market cap:$61.40M
Fully diluted market cap:$68.65M
Token allocation:
Ecosystem
33.00%
Private sale
30.00%
DeFi staking reward
20.00%
Team
15.00%
Partner
2.00%
Tokenomics:

Token utility

CBK is an ERC20-based utility token used on Cobak. Cobak is an app-based crypto platform with and cumulative app download of 300,000. CBK token will serve (1) as an internal payment token used for payment for services, (2) as means to unlock non-monetary membership benefits on Cobak, and (3) as a reward token for participating in and performing activities beneficial to the platform and community.

Links

Buy Cobak Token for $1Buy CBK now

What is the development prospect and future value of CBK?

The market value of CBK currently stands at $61.40M, and its market ranking is #600. The value of CBK is not widely recognized by the market. When the bull market comes, the market value of CBK may have great growth potential.

As a new type of currency with innovative technology and unique use cases, CBK has broad market potential and significant room for development. The distinctiveness and appeal of CBK may attract the interest of specific groups, thereby driving up its market value.

What will the price of CBK be in 2025?
Based on CBK's historical price performance prediction model, the price of CBK is projected to reach $0.8955 in 2025.
What will the price of CBK be in 2030?
In 2030, the CBK price is expected to change by -10.00%. By the end of 2030, the CBK price is projected to reach $1.75, with a cumulative ROI of +163.56%.
Reminder: Just like all cryptocurrency investments, investors must closely monitor the market performance of CBK and be aware of the associated risks. The world of cryptocurrencies is full of uncertainties, so thorough research and preparation are essential.

Is CBK worth investing or holding? How to buy CBK from a crypto exchange?

If you want to buy CBK, the following information may be helpful for your investment decisions:
In the last 7 days, the price of CBK has fallen by -13.97%, leading to negative returns for most CBK investors. The market is currently pessimistic about the price trend of CBK.
It is important to note that the current price of CBK has retreated by -95.79% from its all-time high. This coin is currently considered high-risk, and while its price may rebound in the future, there is significant uncertainty.
Additionally, it's important to understand that each coin has its own optimal times for buying and selling. The optimal time to invest is dynamic: when a coin is undervalued, it's wise to adopt a buying strategy; when it becomes overvalued, you should decisively sell the coin.
To decide whether CBK is worth investing in, you need to consider various market factors such as the overall trend of the cryptocurrency market, the project's fundamentals, its current market valuation, and whether the current price is suitable for buying. If the project's fundamentals suddenly change or the price becomes excessively high, you should adjust your investment strategy and trading operations accordingly.
Your investment decisions should be based on your own risk tolerance, financial status, market analysis and research, especially the timing of your investments. Correct timing can ensure more reliable returns. Keep in mind that investing in CBK or any cryptocurrency comes with certain risks and uncertainties.
Regardless of your outlook on the development prospects and future trends of CBK, if you want to buy or sell CBK, you can consider Bitget for your trading needs. The best place to buy CBK is an exchange that offers hassle-free and secure transactions, combined with a user-friendly interface and high liquidity. Every day, millions of users choose Bitget as their trusted platform for crypto purchases.
Investing in Cobak Token has never been easier. Simply sign up on Bitget, complete the identity verification process, and make payments using bank transfers, debit cards, or credit cards, all while ensuring security through crypto wallets. This is a widely adopted method to buy Cobak Token. Here's a step-by-step guide on how to buy Cobak Token on Bitget.

How to get Cobak Token through other methods?

Using cash to buy Cobak Token is not the only way to obtain Cobak Token. If you have the time to spare, you can get Cobak Token for free.
Learn how to earn Cobak Token for free through the Learn2Earn promotion.
Earn free Cobak Token by inviting friends to join Bitget's Assist2Earn promotion.
Receive free Cobak Token airdrops by joining ongoing challenges and promotions.
All crypto airdrops and rewards can be converted to Cobak Token through Bitget Convert, Bitget Swap, or spot trading.

What is Cobak Token used for and how to use Cobak Token?

The use case of Cobak Token may expand as the crypto market and the project itself develop. Currently, you can use CBK to achieve the following goals:
Arbitrage by trading CBK: Since CBK is a frequently traded cryptocurrency, the price of CBK is always fluctuating. Earn more CBK by buying low and selling high on the exchange. Bitget spot market provides a variety of CBK trading pairs to fully meet your needs.
Earn by staking CBK: You can also generate income through financial management methods such as staking CBK or lending CBK. Bitget Earn offers a variety of financial products designed to help you earn more income from your CBK.
Send or pay CBK: If you want to give CBK to your friends, a charity, or a fundraiser, or you want to pay someone with CBK, you can quickly and easily send CBK to the recipient through their payment address.
You can also go to the official website of the Cobak Token project to learn more about the use cases of CBK. For example, find out if the project supports the use of within its community or ecology, or if the project allows you to purchase physical or virtual products in .

Learn about other cryptos

New listings on Bitget

New listings

Recently added coin prices

More
A selection of recently added coins

Trending coin prices

More
Assets with the biggest change in unique page views on Bitget.com over the past 24 hours

Where can I buy Cobak Token (CBK)?

Buy crypto on the Bitget app
Sign up within minutes to purchase crypto via credit card or bank transfer.
Download Bitget APP on Google PlayDownload Bitget APP on AppStore
Trade on Bitget
Deposit your cryptocurrencies to Bitget and enjoy high liquidity and low trading fees.