COCO Coin (BNB: $COCO) is a meme coin born out of the fusion of meme culture and the blockchain. It capitalizes on the viral reach of memes and the desire to have real-world change using blockchain technology. Its mascot is the virus frog, which combines Pepe the frog and the shape of a virus, signifying its goal of achieving a global audience.
COCO – Beyond Memes
Unlike most other meme coins, COCO aims to do much more. Its developers envision the project as an incubator for the DeFi space and blockchain gaming projects. Additionally, they want to foster cross-chain compatibility. In short, COCO aims to use the power of viral memes to drive blockchain innovation.
COCO Wins The BNB Chain Meme Liquidity Program
In October 2024, BNB Chain announced that COCO was the winner of the phase three meme liquidity program. The award came with $900K in total LP support, which was a major boost for the meme coin. To win the award, COCO had to fulfill several conditions.
First, its LP Liquidity had to be 100% locked in a null address. Additionally, the project had to add 10% of the total token supply to the liquidity pool. Another condition was that the top 10 externally owned accounts had to have less than 10% of the total supply of the funds. Additionally, project stakeholders had to have locked or vested their funds.
Finally, the project must have verified its token source code on BscScan or undergone security audits. The COCO coin met all of these conditions and was given the award. The award helped to highlight the project’s security and fair token distribution.
$COCO Roadmap
COCO aims to achieve several milestones. First, it plans to launch a decentralized trading platform where users can swap meme coins. The platform’s users will be incentivized with rewards, helping to build a thriving community.
Another important milestone is that the COCO developer team plans to launch a GameFi platform. It will let users earn tokens through fun games. Finally, they plan to launch cross-chain compatibility, making moving assets across various blockchains easy.
COCO Tokenomics
$COCO launched with 34.2 billion tokens. Of those, 9.36% of the tokens were airdropped, 10.23% went to the liquidity pool, and 80.41% to early donors who helped raise $24.37 million in 13 rounds.
The $COCO $PEACE Token
COCO launched its first incubated project on October 1, 2024, called the PEACE token. Of the 3.42 billion peace tokens, 70% went to liquidity rewards, 10% to COCO ambassador rewards, 10% for initial liquidity, and 10% for the marketing airdrop.
$COCO Market Performance
COCO has a market cap of $59,066,362 and is eyeing a $100 million market cap. In the past week, the token’s price has risen 13.4% to $0.001725 per token as of Wednesday, January 15, 2025.
The token hit a new all-time high of $0.002686 on January 2, 2025, and has since fallen 35.5% as investors take profit. Since its all-time low of $0.0006904 on September 28, 2024, it has risen 151.0%.
The token has outperformed the overall crypto market, which has gained 0.80% in the past week, compared to its 13.4% gains in the same period. It has also performed better than the overall BNB Chain ecosystem, which has remained flat in the past week.
The token is available on the Gate.io centralized exchange and several decentralized exchanges, such as PancakeSwap (v2), THENA FUSION, and Matcha (BSC).
Social Media Following
COCO Has a huge online following, with 129.4K followers on X, and 28,188 members in its Telegram group.
Should You Add COCO To Your Portfolio
While COCO’s creation was inspired by the meme coin movement, it aims to be much more than that. Thus far, they have already launched the $PEACE token via their incubator program, and they have a solid roadmap of upcoming milestones. The upcoming projects could greatly increase demand for $COCO, pushing its market cap past $100 million. Consequently, adding COCO to your portfolio now could potentially pay off in the coming months.
Click Here For Updates on COCO – It’s FREE to Sign Up for Text Message Notifications!
Disclaimer: This website provides information about cryptocurrency and stock market investments. This website does not provide investment advice and should not be used as a replacement for investment advice from a qualified professional. This website is for educational and informational purposes only. The owner of this website is not a registered investment advisor and does not offer investment advice. You, the reader / viewer, bear responsibility for your own investment decisions and should seek the advice of a qualified securities professional before making any investment.