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

$COCA Token Is Now Live

Editorial Note: The following content does not reflect the views or opinions of BeInCrypto. It is provided for informational purposes only and should not be interpreted as financial advice. Please conduct your own research before making any investment decisions.

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

This article contains a press release provided by an external source and may not necessarily reflect the views or opinions of BeInCrypto. In compliance with the Trust Project guidelines, BeInCrypto remains committed to transparent and unbiased reporting. Readers are advised to verify information independently and consult with a professional before making decisions based on this press release content. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.

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2024-12-05 10:23:19

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