COCA Wallet Reaches New Milestone: $COCA Token Is Now Live

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BeInCrypto2024/12/05 02:23

By:Advertorial

COCA, a next-generation crypto super app, is thrilled to announce the listing of its governance and utility token, $COCA. The token officially launched on MEXC at 9 am UTC on December 3, marking the first of many planned exchange listings and the beginning of $COCA’s journey into global markets. This move is set to make …

COCA, a next-generation crypto super app, is thrilled to announce the listing of its governance and utility token, $COCA.

The token officially launched on MEXC at 9 am UTC on December 3, marking the first of many planned exchange listings and the beginning of $COCA’s journey into global markets. This move is set to make it easier for users worldwide to engage with COCA’s innovative ecosystem.

COCA’s Recent Milestones

The $COCA token launch comes at a time of rapid growth for COCA Wallet. Key achievements include:

A 31% increase in total wallets in Q3 2024.
An 83% surge in card transactions, highlighting an expanding user base and rising demand.
The launch of COCA Wallet as a Telegram mini-app, enabling seamless crypto management for over 950 million Telegram users.
The introduction of cross-chain swaps, facilitating token trades across 13+ blockchains without the need for bridges.

These advancements underscore COCA’s commitment to innovation and its mission to simplify and enhance how users interact with digital assets.

$COCA Token and Its Role in the COCA Ecosystem

$COCA is the cornerstone of COCA Wallet’s ecosystem, serving multiple functions that elevate user experience and engagement. Key highlights include:

Universal Gas Token (UGT): Use $COCA to cover gas fees across multiple blockchains, making transactions effortless.
Governance Power: Participate in key decisions and shape the future of the COCA Wallet ecosystem.
Exclusive Perks & Rewards: Enjoy cashback, discounts, and premium perks by holding $COCA.
Decentralized Cashback: Earn $COCA as rewards for every purchase made with your COCA Card.
Token Allocation and Sustainability: The total supply of $COCA is capped at 1 billion tokens. Strategic allocations promote ecosystem growth, community participation, and long-term staking through the veCOCA vote-escrow model, aligning with user interests and enhancing platform scalability.

Tokenomics

Team Allocation: Aligns incentives for the core team and advisors to focus on long-term success.
Point-Based Airdrop: Rewards early supporters, boosting community loyalty and adoption.
Incentive Program: Rewards user participation in referrals, crypto/fiat use, and partnerships, driving engagement.
veCOCA Staking Rewards: Users lock $COCA to earn veCOCA, gaining governance and rewards, encouraging long-term staking.
Liquidity: Ensures smooth trading and minimizes slippage on exchanges.
Treasury: Supports operations, partnerships, and growth with sustainable funding.

About COCA

COCA is a crypto super app designed to make digital asset management easier and more secure for users globally. Key innovations include the Telegram mini-app integration and Changelly-powered cross-chain swaps, offering seamless crypto management and efficient, cross-network token trades. COCA Wallet’s cutting-edge features are setting new standards in digital asset handling. Learn more at coca.xyz. The MEXC listing marks the first step in $COCA’s path to global accessibility and wider adoption of COCA Wallet’s ecosystem.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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