Little-Known Cryptocurrency KoKoSwap Gains 70,000% In A Day. What's Driving Its Stunning Surge?
NDTV
On the KokoSwap platform, one can trade, invest, play, etc.
With the cryptocurrency world getting mainstream, a growing number of people are showing more confidence and interest in investing a part of their wealth in virtual coins that were previously not popular widely. Every now and then a little-known cryptocurrency is popping out of nowhere and showing an incredible appetite to grow, beating the surging rate of some of the more popular coins. KokoSwap is one such crypto coin. It has reported a mind-boggling 71,000 percent growth in just 24 hours recently, data from CoinMarketCap, a market research website, showed. On November 10, KokoSwap jumped from $0.01005 (roughly Rs. 0.75) to $7.22 (roughly Rs. 537.55).
By November 14, it hit an all-time high of $9.05 (roughly Rs. 673.80). However, the virtual currency, which has a market capitalisation of about $2 billion, was trading at $7.63 (roughly Rs. 568) at the time of writing.
KokoSwap is a decentralised platform that combines NFT trades with blockchain gaming. On the platform, a person can trade, invest, play, etc. The token of KokoSwap is KOKO.
