Cocos BCX calls itself the “next generation digital gaming economy” platform. The protocol known as the Cocos Blockchain Expedition aims to provide ease and integrity in blockchain-based transactions for game developers.
In this article, we take a closer look at Cocos BCX to understand how it operates and what the use cases of its native COCOS cryptocurrency are. Furthermore, we have predicted the prices at which COCOS could trade through 2030, and named exchanges where it is listed, before determining whether it is a credible cryptocurrency investment.
What is Cocos BCX and How Does It Work?
Cocos BCX is an Ethereum-based decentralized metaverse and GameFi enabler platform that facilitates game development and playing. Its Cocos Creator game engine is accessible to game designers who lack programming knowledge. The protocol also supports the distribution, investment, and initial game offering (IGO) for innovative games in the blockchain space.
A popular title released by Cocos BCX is Crypto Knights, which utilizes more sophisticated game mechanics to provide greater entertainment for players. Its design features mining and adventures consisting of 19 scenes with five dungeons each, as well as 200 characters with various attributes that add to their uniqueness.
Cocos-BCX’s multi-chain game engine supports games across multiple blockchains. Its IGO system facilitates easier fundraising for game development. The Blind Box feature offers a fun way to obtain NFTs related to the games users play.
What Is The Cocos BCX (COCOS) Token?
COCOS is the native cryptocurrency of Cocos-BCX, which is available in both BEP-20 and ERC-20 standards. The coin has various use cases within the ecosystem, such as buying and selling in-game assets, or using it as an investment via staking.
Since the launch of the Panama Project in 2021, a token bridge for Binance, COCOS holders have been able to swap BEP-20 and ERC-20 versions of the asset in both directions. This has enhanced the liquidity of COCOS, in addition to making it more compatible with Ethereum, which will boost the development of NFT-based blockchain games.
COCOS has a market capitalization of $28.513 million and attained a trading volume of $712,929 over the past 24 hours. All out of the total supply of 71.051 million COCOS tokens are currently in circulation.
COCOS Price Prediction: 2024, 2025, 2026, 2027, 2028, 2029, 2030
At the time of writing, COCOS is trading at $0.4016 – down 3.17% in the last 24 hours. Based on its current market rate, we have projected the minimum, average, and maximum prices at which COCOS could trade between 2024 and 2030.
Bear in mind that the numbers provided in the table below are speculative and could change depending on the market performance of COCOS.
YEAR | MINIMUM PRICE | AVERAGE PRICE | MAXIMUM PRICE |
2024 | $0.2904 | $0.4426 | $1.28 |
2025 | $0.3986 | $0.3986 | $0.4424 |
2026 | $0.3934 | $2.40 | $6.75 |
2027 | $0.4771 | $0.8200 | $2.75 |
2028 | $0.7306 | $1.08 | $3.36 |
2029 | $0.5320 | $0.8847 | $1.54 |
2030 | $0.7969 | $0.7969 | $0.8843 |
Where To Buy Cocos BCX (COSOS) Token From?
Here are the exchanges where you buy, sell, and trade COCOS tokens:
- Binance
- BitMart
- MEXC
- CoinDCX
- Gate.io
- CoinEX
- KuCoin
Is Coos BCX (COCOS) A Credible Cryptocurrency Investment?
Experts are anticipating the price of the COCOS token to increase considerably over the next five years, which makes holding the coin a sensible investment. Moreover, Cocos BCX offers staking and IGO services, which provides added opportunties to increase your profits.
The project has announced plans to further game development, such as an Optimistic rollup on BNB Chain to achieve high performance at low gas fees. This will be achieved through a strategic partnership between Cocos BCX and NodeReal. Cocos BCX will eventually expand to other EVM-compatible chains such as Polygon.
All things considered, I would recommend COCOS coin as a credible cryptocurrency investment with long-term benefits. However, as is the case with every cryptocurrency, COCOS is also prone to the volatile nature of the crypto market. Therefore, it is highly recommended that you conduct thorough research before making any investment decision.
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