What is Poocoin

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About PooCoin

Key Points

  • PooCoin is a token on the Binance Smart Chain.
  • It provides chart and portfolio management for the Binance Smart Chain.
  • Features include rug check, swapping option, and external tools page.
  • Premium features available for coin holders, including tracking other traders’ wallets and disabling ads.
  • Total supply of POOCOIN is 10 million tokens.
  • 8% fee on transactions, with 4% redistributed and 4% burned.
  • POOCOIN is a BEP-20 token on the Binance Smart Chain, secured through proof-of-stake consensus mechanism.
  • Released for

About PooCoin: Empowering Your Crypto Journey

Introducing PooCoin (POOCOIN): A Comprehensive Overview

PooCoin, a token native to the Binance Smart Chain, powers an innovative application that offers comprehensive chart analysis and portfolio management capabilities, specifically designed for the Binance Smart Chain ecosystem. By building upon the foundations of existing decentralized exchanges (DEXes), PooCoin strives to introduce a new paradigm, addressing their limitations and elevating the user experience.

Unveiling the Unparalleled Excellence of PooCoin

PooCoin has undergone numerous updates since its initial release, continually refining its functionality and introducing innovative features. Notably, it has incorporated a feature that enables users to visualize entry points directly on the chart, thereby facilitating the tracking of a trade’s progress. Additionally, PooCoin boasts a rug check feature, which allows for the verification of a token’s integrity. Furthermore, the platform offers a convenient swapping option, enabling users to seamlessly exchange tokens directly within the PooCoin app. The external tools page serves as a centralized hub, showcasing a curated selection of useful tools for BSC. Moreover, the dev wallet checker provides an added layer of security, monitoring for suspicious developer activities, including rugs, slow rugs, and developer dumps.

Beyond the aforementioned features, PooCoin also extends a range of premium benefits to coin holders. By maintaining a minimum of $100 worth of POOCOIN/BNB liquidity in the pool, users can access advanced features, including the ability to monitor other traders’ wallets and disable advertisements. Furthermore, holding at least $300 in the liquidity pool unlocks the display of personal trades and enables the wallet transaction tab. Lastly, a minimum holding of $2000 grants access to the highest tier, where users can explore trending websites and tokens across multiple timescales and browse a comprehensive list of the 100 most popular tokens.

What Is the Circulating Supply of PooCoin (POOCOIN)?

The total supply of POOCOIN is capped at 10 million tokens, with 25% reserved in the deployer wallet. A transaction fee of 8% is levied on each transaction, with 4% being redistributed and 4% being permanently removed from circulation. To maintain price stability and foster a deflationary environment that propels the token’s long-term appreciation, a maximum of 100,000 POOCOIN can be traded in a single transaction. This burn mechanism, also employed by numerous other tokens, incentivizes holders to retain their coins. Notably, Ethereum has also adopted a similar approach, incorporating transaction fee burning into its latest update.

The PooCoin Network’s Robust Security Mechanisms

POOCOIN is a BEP-20 token, seamlessly integrated into the Binance Smart Chain (BSC) ecosystem.

The Binance Smart Chain (BSC) is fortified by the proof-of-stake consensus mechanism, which ensures the integrity of the network. Every 24 hours, a cohort of 21 validators is elected to validate transactions and safeguard the blockchain’s security. To be eligible for this role, these validators must stake a predetermined amount of BNB coins with Binance, thereby demonstrating their commitment to the network’s stability.

When Will PooCoin Trading Commence?

PooCoin made its debut on the market on March 7, 2021, with its initial public offering taking place on PancakeSwap.

In Which Exchanges Can You Acquire PooCoin (POOCOIN)?

POOCOIN is now accessible on PancakeSwap (V2). For those seeking to delve into the realm of cryptocurrencies and initiate their investment journey, we invite you to explore our comprehensive education portal, Alexandria, where you can discover a wealth of information and guidance.

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Stay abreast of the latest developments in the cryptocurrency landscape and gain valuable trading insights with CoinMarketCap’s premier educational resource, Alexandria.

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