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23 August 2024: CoCo Coin has become a rising memecoin by capturing the attention of the crypto community. Their journey has started with a vision to combine the power of meme culture with blockchain technology. Also, it is inspired by the famous meme of Pepe the Frog.
Its mascot is the CoCo Virus Frog which represents the coin’s mission to spread rapidly across the crypto space. This blockchain project leverages the BNB Chain for better scalability and security.
Also, its SocialFi features enable users to participate in activities to earn rewards. Its airdrop mission allows community members to earn rewards for their contribution to the project.
CoCo Coin’s project’s financial strategy is carefully crafted to ensure that this memecoin could move from being a full community based project to a prominent player in the cryptocurrency market.
The first major milestone in CoCo Coin’s financial journey was successful fundraising. CoCo Coin asked for donations during its presale as part of a unique strategy to build a strong community foundation. The donations have successfully raised over $24.37 million from participants in 156 countries.
CoCo Coin made the strategic decision to refund all donations after the end of presale. The funds raised were allocated strategically to ensure the long-term stability of the CoCo Coin ecosystem. A significant portion of the funds was invested in enhancing the project's security infrastructure, including comprehensive audits and liquidity management.
The successful fundraising effort showed that there was significant belief in CoCo Coin's potential. CoCo Coin’s team has shown a commitment to fairness by refunding the donations. The team refunded all USDT, BNB, and ETH donated during the presale. Additionally, early donors received new COCO tokens at a 1:10 ratio.
CoCo Coin made its debut on decentralized exchanges (DEX) on August 20th, 2024. The DEX launch was a resounding success. This memecoin has achieved a staggering 2000% increase in market value shortly after its debut. This remarkable performance solidified CoCo Coin’s position in the market. Now, CoCo Coin is available on major DEX platforms such as CoinMarketCap, Coingecko, PancakeSwap, and Binance.
CoCo Coin is also listed on the Bitget Wallet platform alongside SUNWUKONG and $TROGE tokens. This memecoin project employed a strategy of sending liquidity to a black hole to create a non-manipulable trading environment. By removing the possibility of liquidity being manipulated, CoCo Coin ensured that all trading activity on the platform remained transparent and equitable.
Also, the project has recently undergone a thorough audit by Certik. This audit, coupled with additional security measures such as liquidity management and the relinquishment of contract control, has played a crucial role in ensuring the integrity of the ecosystem.
CoCo Coin has implemented other innovative financial strategies for their long term growth. The airdrop mission is a key component of their financial strategy. It rewards users for their active participation within the community. In the first phase of airdrop mission, users completed different social media tasks related to boosting the visibility of CoCo Coin project.
This airdrop mission involved sharing CoCo Coin’s content on X (Twitter), liking and commenting on posts, and referring new members to the community. Users earn points for finishing Twitter campaign activities associated with airdrop mission. Later, they received CoCo tokens at the set ratio of 100:1 to their accounts with linked wallet addresses.
A new airdrop mission is coming soon and it will continue rewarding the community members for their participation. Also, CoCo Coin has a well-defined roadmap that outlines its future financial strategies for continued growth. The project aims to secure additional funding through strategic partnerships.
Upcoming developments in CoCo Coin’s financial strategy include new airdrop missions, the introduction of advanced SocialFi features, and potential listings on centralized exchanges (CEX).
It is easy to start your journey with the CoCo Coin project. Below, you can check the steps to purchase COCO tokens through their official website:
Visit the official website https://www.cococoin.tech/. You need to click on the connect wallet option at the top right side corner.
Now, choose a compatible cryptocurrency wallet that supports BNB Chain tokens, such as MetaMask.
After that, purchase ETH, USDT, or BNB and load them into your wallet.
Connect your wallet to a decentralized exchange (DEX) like PancakeSwap.
Use PancakeSwap to swap your BNB for CoCo Coin by selecting the CoCo token contract address.
Now, confirm the swap, and finish the transaction.
Once the transaction is complete, your CoCo Coins will be in your wallet. Make sure to store them securely.
Stay updated with the latest news and updates through CoCo Coin’s website and its X (Twitter) and Telegram handles.
Website: https://www.cococoin.tech/
Twitter: https://x.com/cococoinbsc
Telegram: https://t.me/cococoinfi
Cryptocurrency investments are subject to high market risk. We strongly advise you to conduct your own research. CoCo Coin is not responsible for any investment losses.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
