The cryptocurrency market is one of the hottest markets today. In fact, people have been investing in it for years now. It’s because of this that many new cryptocurrencies are being created and added to the market each day. Currently, there are nearly 6000 cryptocurrencies out there that it can be difficult to figure out which ones are worth investing in. With that in mind, we’re going to give you all the details on Cocos crypto, and see if it’s worth your time or not.
What is Cocos BCX?
Cocos-BCX or Cocos BlockChain Expedition is a blockchain-based platform for developing, operating, managing and exchanging decentralized applications (dApps) and in-app digital assets on the blockchain. The platform aims to attract developers who want to build the next generation of decentralized applications and users who want to use dApps in their daily lives. In addition, the platform provides all the tools necessary to create a secure and convenient ecosystem.
The platform includes: a software framework for multi-system, multi-blockchain application/game development; a script-based data-oriented IDE for dApp and in-app asset production; and a customized blockchain system (CocosChain) for supporting digital asset transfer, game economic models, cross-chain interoperability, etc.
In brief, Cocos-BCX is a full-stack software development platform for building blockchain applications and games. It enables developers to program, debug and release blockchain-based dApps and hybrid applications. Cocos BCX NHAS-1808 non-homogeneous digital asset standard is an improved version of non-homogeneous complex contracts represented by ERC721, ERC875. The NHAS-1808 provides high extendability to digital assets and enables asset transfer across different games.
Cocos-BCX not only blockchain development much easier but also empowers the game industry with tools like the NHAS-1808 standard. Ultimately, Cocos-BCX significantly lowers the entry barrier for blockchain gaming. On the whole, Cocos-BCX brings a huge step forward in the blockchain gaming industry.
How Much is Cocos Crypto Coin Worth?
Cocos crypto had been enjoying a bull run at the end of the last week. The coin soared 605% from $0.79 to $5.57 in less than 24 hours, according to the data on CoinMarketCap. Undeniably, it is one of the biggest mind-boggling gains in the recent history of the cryptocurrency world. However, the bull run didn't last long. On November 21, Sunday, the coin started experiencing a downward trend and the value has been in decline ever since.
The Cocos crypto price today is $2.96 USD with a 24-hour trading volume of $249,878,401 USD. The coin is down 20.74% in the last 24 hours. The current CoinMarketCap ranking is #432, with a live market cap of $124,443,122 USD. Furthermore, It has a circulating supply of 42,015,868 COCOS coins and a max. supply of 100,000,000 COCOS crypto coins.
Undeniably, the price action is not what you want to see for a coin that was touted as one of the best-performing cryptocurrencies in the last week. Obviously, this is not the first time a coin experienced such a trend. There have been many instances where the price of a coin starts moving up and then ends up plummeting. Overall, it's a good thing for any coin, as it shows that the coin has gained traction in the market.
Check back here soon for the latest updates on Cocos crypto!