This cryptocurrency surged over 70,000% in just 24 hours

Kokoswap, which has a market cap of over $2 billion, is currently trading at $6.44 (17:32 IST). Crypto has been very volatile over the past week with huge price fluctuations.

On November 8th, Kokoswap fell from $6.00 to $0.01017, down almost 60,000%. As more and more people become aware of its reliability and sustenance, the craze of cryptocurrency among investors is increasing day by day.

The past two years have been a plus for the cryptocurrency community, however, since the turn of the year, some relatively new concepts have emerged within the crypto space and dominated the scene with their fascinating features.

KokoSwap is a unique decentralized platform that combines NFT trades with blockchain gaming to provide users with a seamless experience. It is powered by the $KOKO token. The platform offers the ability to trade, invest, earn, play and win with key features such as NFT, staking platform and NFT gaming.

It has been one of the pioneers of the non-fungible token (NFT) space and is making a name for itself with its many projects.

Cocoa Swap has sponsored various NFT events and helped many well-known artists to make their NFT collections available on the invitation-only market. In addition to the NFT market, KokoSwap’s NFT gaming is a tool to earn $KOKO tokens and generate a passive income source by staking digital assets such as Ether and $KOKO.

KokoSwap recently completed the process of moving its staking platform from Ethereum to the Binance smart chain. While Ethereum has been popular in recent years, its congestion issues and high gas fees have caused a gradual withdrawal from the network.

As many projects are exploring alternatives to the Ethereum blockchain, Cocoa Swap said that it has done its due diligence to provide the best possible experience to its users.