COCOS Price Analysis January 2023

COCOS is a token of the platform Cocos-BCX. Its current price is around $0.355 at the time of writing, with a low of $0.4425, and it has a market cap of 35 million dollars.

What is Cocos-BCX (COCOS)?

COCOS is the coin of the Cocos-BCX platform, which is around $0.355 at the time of writing, with a low of $0.4425. It reached a high of $2.38, and its current ranking is #384, according to CoinMarketCap, with a market cap of 35 million dollars.

This platform aims to become a GameFi incubator for projects that can bridge people to the Web3 space. It also supports high-quality projects within the sector.

Cocos-BCX is a blockchain platform that aims to create a complete environment for gaming. This means it can support multiple game types, making it a seamless integration for game developers.

The user interface is also targeted at people unfamiliar with blockchain applications. Cocos Blockchain Expedition is a DAO that will help to create the future Metaverse by enabling decentralization and providing MetaFi.

COCOS Coin Market Analysis 

COCOS has a total supply of 70,931,748 coins worth around $0.355 with a market volume of 3 million dollars, whereas the market capitalization is 35 million dollars at writing. If you are looking for currencies that have high returns, COCOS may not be the right investment. It has a risk factor and is unlikely to increase in value.

COCOS Price Prediction

In the 12H timeframe, the price action of $COCOS/USDT consolidates indie the falling wedge. Currently, the price is moving above the horizontal support zone. However, suppose the price breaks its resistance trendline of the wedge. Then it can go upwards.

For any time, on-demand analysis on $COCOS or any other coin can join our Telegram channel.

Cocos Price Anaysis
COCOS Price Anaysis

Closing Thoughts

The Crypto market is known for its volatile nature. According to the above analysis, the coins we discussed might prove to be profitable if other market conditions prevail favorably. We suggest you engage in adequate research before investing in any digital assets.

Pratyaksh
Pratyaksh

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