Market

The Coinscope.co platform just launched its own token as part of their relief plan

Press release

Coinscope is the world’s leading platform for early coin listing and voting for new blockchain projects. It uses unique and breakthrough features to stay ahead of the low-cap dollar of $ 120 billion in the crypto market. The platform supports multiple blockchain networks and works on a large scale around the world with a large number of daily users interacting with the application.

Over the past year, Coinscope has dominated the crypto space as the leading accounting firm with hundreds of thousands of users using the platform and Android apps to discover the latest trending blockchain projects. In fact, it was one of the first accounting firms to warn investors of the dangers of investing in the infamous SQUID token.

Coinscope CEO said:

“Our responsibility as an auditing company and listing platform is to provide users with all the tools and knowledge to identify potential malicious actors and protect themselves.”

On Thursday November 19th, the Coinscope team launched its own native token on Binance Wise Chain (BSC) as a pre-sale on the DxSale platform. The presale was completed within minutes and hit the target of 800 Binance Coin (BNB) as the coin’s initial hard cap. On the same day, the token began trading on PancakeSwap and reached a market cap of $ 1 million.

Within 24 hours, the native token COINSCOPE was listed on CoinMarketCap, which caused the price of the token to skyrocket and gave investors a return of more than 100%. The listing on CoinGecko followed the next day, pushing the price down to break the $ 2 million market cap.

Current chart of $ COINSCOPE 24 hours after the start

When asked about the token’s rapid growth, the CEO commented:

“We are overwhelmed with the support from the community. We wouldn’t be here without them. “

In the days that followed, the token value doubled again to break the $ 4 million market capitalization. The team recently announced that it would first appear on a central exchange on December 3rd, so we should see a new all-time high soon. You can trade the Tether USDT / COINSCOPE pair on the LBank exchange, and Coinscope will be doing marketing promotions with the exchange throughout December.

According to the team’s roadmap, the native token will open up enormous growth opportunities in its ecosystem. Holders can get unique rewards, airdrops, unchangeable tokens (NFTs) and access to information about new blockchain projects.

The platform has supported unique features for users such as real-time price charts and useful indicators of newly introduced coins. Users can add tokens to their watchlist and monitor their new token portfolio on the Coinscope platform. With native tokens you can activate more options for your wallets.

In the second and third quarters of the year, the team plans to build an API that users and developers can master. After speaking with the Chief Technology Officer, he announced that they are also working on implementing automatic tracking and price prediction for Coinscope token holders.

Overview of the Coinscope platform

When asked about the future of the platform, the Chief Technology Officer said:

“Our philosophy is too little promising and too much to deliver, and we have consistently done that in the last 12 months in which we have been working on the project.”

Coinscope’s rapid growth has drawn the attention of organizations like Pinksale and DxSale who recently added Coinscope as one of their trusted audit partners. The team has also posted a number of positions to grow the team to support their growth plans.

Currently you can only buy COINSCOPE on PancakeSwap (instructions can be found here), but from December 9th the token will be available for trading on LBank. The team also wants to strengthen the market position of the platform and its token by participating in additional exchanges in the next quarter. It looks like we’ll be getting more news from Coinscope soon.

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.

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