About Coco Swap

Coco Swap (COCO) is a cryptocurrency launched in 2021and operates on the BNB Smart Chain (BEP20) platform. Coco Swap has a current supply of 148,424,311,271.88287 with 0 in circulation. The last known price of Coco Swap is 0.00000857 USD and is down -0.04 over the last 24 hours.

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Market Stats

Market Cap

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Performance

Popularity

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Dominance

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Additional details

Market details

COCO vs markets

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COCO vs BTC

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COCO vs ETH

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Tags

Network & Addresses

Network
Address

BNB Smart Chain

0x9AA6FC71aed1130DeE06a91A487BF5eA481dE80D

Price history

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FAQ

Coco Swap is an independent liquidity protocol available on several decentralized applications like Android, iOS, and Web 3.0 (the latest version of the web). The protocol aims to enable users to exchange NFTs, cryptocurrencies, and other derivatives through ‘autonomous yield.’ Therefore, by providing liquidity, the protocol enables an easy staking option for users to incentivize the network and earn rewards for their services.

The official website of Coco Swap states that the protocol utilizes Binance Smart Chain blockchain and COCO token.), the native coin of the Coco Swap protocol, for enabling easy and fast swapping of digital assets. The COCO Swap token (COCO) is a deflationary token and is built on advanced DeFi protocol systems. Deflationary tokens are coins that are removed from the market over time to increase the coin value.

COCO Swap token (COCO) rewards the shareholders who stake through the liquidity by increasing the value of their stake and providing a good percentage share. Moreover, the Coco Swap protocol aims to implement a coin burning strategy. Coin burning refers to the process of removing the coins in circulation to reduce the number of tokens in use. This strategy is aimed at rewarding and benefiting the COCO token holders in the long term as burning helps to increase the price of coins over time. Additionally, the total amount of burnt coins is featured on the website to ensure transparency in identifying the current circulating supply of the token.

According to the whitepaper of Coco Swap, the Automatic Liquidity Pool (LP) is an essential feature of the protocol. Through automatic LP, the tokens are sucked up from the purchasers and sellers and are added to the LP. The increase in the LP of COCO results in a strong price floor for the holders. Price floor refers to an established low limit of the price that can be charged for products or services. Therefore, the primary objective behind the automatic LP is to prevent the steep fall in the price of COCO in the later stage.

Coco Swap was established in April 2021. The maximum supply of COCO is 150,000,000,000.

We update our Coco Swap to USD currency in real-time. Get the live price of Coco Swap on Coinbase.

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Social stats

Popularity in posts

#1433

Contributors

1

Posts

3

% About Coco Swap

0.016%

Articles

0

X (Twitter)

100% bullish

Sentiment

4.2 ★

Highlights

1 unique individuals are talking about Coco Swap and it is ranked #1,433 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Coco Swap has an average sentiment score of 4.2 out of 5. Finally, Coco Swap is becoming less newsworthy, with 0 news articles published about Coco Swap.

On Twitter, people are mostly bullish about Coco Swap. There were 100% of tweets with bullish sentiment compared to 0% of tweets with a bearish sentiment about Coco Swap. 0% of tweets were neutral about Coco Swap. These sentiments are based on 3 tweets.

On Reddit, Coco Swap was mentioned in 0 Reddit posts and there were 0 comments about Coco Swap. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.

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