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Rebase Token Explained In 5 Mins With Animations -- Crypto Crash Course 2023A rebase, or elastic, token is a cryptocurrency whose supply is algorithmically adjusted in order to control its price. A rebase token, also known as an elastic token, is. The live Rebase price today is $0 USD with a hour trading volume of $0 USD. We update our REBASE to USD price in real-time.