Coco Swap is trending today (COCO) with nearly a 2-fold gain in the last 24hrs
Coco Swap, an auto yield generation protocol, rewards users who simply keep COCO tokens in wallets. This week, the coin has broken through its previous highs, suggesting that its deflationary yield-production strategy is working. COCO currently stands at $0.001452, and is now catching its breath, before moving higher up the price charts.
Continue reading to learn more about Coco Swap as well as where and how you can buy COCO.
How and where can you buy Coco Swap?
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What is Coco Swap?
Coco Swap is an autonomous, decentralised, deflationary yield protocol that allows users trade cryptocurrencies, NFTs and crypto derivatives without the use of a central authority.
COCO token employs a tokenomic model that distributes COCO coins to its holders for simply holding COCO in their wallets. This will encourage low sell-side liquidity since tokens will remain in wallets. Therefore, the COCO price should rise. The strategy seems to be working, as COCO has rallied 87% in the past 24 hours.
Do I need to buy COCO now?
Coco Swap is an excellent option for DeFi lovers. Coco Swap is a great option for DeFi investors. COCO could see a rapid rally similar to the one seen today. This would be welcomed by early adopters.
This article is informational only — none of the contents should be construed as financial or investment advice.