PooCoin is a popular cryptocurrency and analytics platform that is operating on the Binance Smart Chain (BSC). It provides various tools from tracking token prices to monitoring wallets to analyzing market trends. Since its launch, PooCoin has become a popular choice for traders who deal with decentralized exchanges (DEXs) and wish to have better insights into market data.
With its extensive range of features and utilities, this coin has carved a niche for itself among investors looking for transparency and efficiency in crypto trading. This article will cover everything you need to know about it, including its price, market cap, trading volume, total supply, and frequently asked questions. Stay tuned to the end.
What is PooCoin?
PooCoin is a BEP-20 token built on the Binance Smart Chain (BSC). The token primarily powers this platform, an analytics and trading tool for tracking DeFi tokens. It provides real-time price charts, wallet tracking, and token swap functionalities. The platform aims to improve upon existing DEX tools by offering better insights and features to traders.
Some of PooCoin’s standout features include:
- Real-time price tracking
- Portfolio management tools
- Rug check feature to verify token legitimacy
- Token swap functionality
- Premium features for token holders
This coin has gained traction among BSC traders due to its user-friendly interface and unique tools that help investors make informed decisions.
PooCoin Price Analysis
The current price of PooCoin is $0.3127, reflecting a 2.70% increase in the last 24 hours. This is a significant drop from its all-time high of $38.02 recorded in December 2021. The price movement of this coin is largely influenced by overall crypto market trends, trading activity on decentralized exchanges, and investor sentiment.
Here’s a quick comparison of PooCoin’s price movements:
Time Period | Price | Change (%) |
| All-time High (Dec 2021) | $38.02 | -99.18% |
24-hour High | $0.3304 | +2.70% |
| 24-hour Low | $0.3083 | – |
All-time Low (Mar 2022) | $0.0699 | +314.26% |
While this coin has seen significant price drops from its peak, it continues to maintain an active trading community and utility within the DeFi space.
PooCoin Market Cap Overview
PooCoin’s market capitalization currently stands at $1.59 million. The market cap represents the total value of a cryptocurrency, calculated by multiplying the current price of the token by its circulating supply. A lower market cap suggests that this coin is still a small-cap cryptocurrency, making it a more volatile investment.
Despite its low market cap, this coin continues to be actively traded, with a dedicated community of traders who use its analytics platform for tracking BSC tokens.
Market Metric | Value |
| Market Cap | $1.59M |
Fully Diluted Value (FDV) | $3.12M |
| 24h Trading Volume | $200.62 |
Vol/Mkt Cap Ratio | 0.0126% |
Market capitalization provides insight into the overall size and potential growth of the this coin token within the broader cryptocurrency market.
PooCoin Trading Volume Analysis
The 24-hour trading volume of this coin stands at $200.62. Trading volume measures the total number of PooCoin tokens exchanged in a given timeframe. Higher trading volume often indicates increased market activity and liquidity, making it easier for traders to buy and sell the token.
PooCoin’s trading volume has fluctuated over time, influenced by market trends and investor interest. As a relatively niche token primarily used for analytics, its trading volume remains modest compared to mainstream cryptocurrencies like Bitcoin and Ethereum.
PooCoin Total Supply & Circulating Supply
The total supply of PooCoin is 10 million tokens, with a self-reported circulating supply of 5.08 million tokens. This means that about 50.8% of the total supply is currently in circulation.
To maintain price stability and create a deflationary dynamic, this coin employs a transaction fee mechanism:
8% transaction fee
- 4% is redistributed to token holders
- 4% is burned to reduce the total supply
This burning mechanism helps in maintaining scarcity and potentially increasing the token’s value over time.
Supply Metrics | Value |
| Total Supply | 10M |
Circulating Supply | 5.08M |
| Max Supply | 10M |
The controlled supply model is designed to encourage long-term holding and reduce inflation.
FAQs
- What is the current price of PooCoin?
The current price of this coin is $0.3127, though it fluctuates based on market trends. - What is the market cap of this coin?
It’s market capitalization is $1.59 million, making it a small-cap cryptocurrency. - How many PooCoin tokens are in circulation?
There are 5.08 million this coin tokens in circulation, with a total supply capped at 10 million. - Where can I trade this coin?
This coin can be traded on PancakeSwap (V2) and other decentralized exchanges that support BEP-20 tokens. - Does PooCoin have a burning mechanism?
Yes, this coin implements an 8% transaction fee, where 4% is redistributed to holders and 4% is burned to reduce supply over time.
Conclusion
PooCoin remains a valuable tool for BSC traders, offering real-time analytics, wallet tracking, and portfolio management. While its token price has dropped significantly from its peak, it continues to provide unique functionalities for those invested in the DeFi space. With features like rug check, token swap, and premium analytics, this coin ensures traders have access to detailed market insights.
Whether you’re a casual investor or a dedicated trader, understanding this coin’s utility, supply model, and market performance can help in making informed trading decisions.
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