To get more insights into this project, delve into PooCoin .

PooCoin (POOCOIN): A Comprehensive Overview

PooCoin is a token created on the Binance Smart Chain . The PooCoin app offers services for chart and portfolio management on the Binance Smart Chain, aiming to enhance the functionality of existing DEXes . It seeks to compete with Uniswap , which is utilized for coin trading on Ethereum , and PancakeSwap , which is utilized for coin trading on BSC. According to PooCoin, both of these decentralized exchanges have limited native analytics interfaces. Additionally, PooCoin criticizes PancakeSwap's real-time trade interface for lagging significantly. They also point out the platforms' inadequate display of price movements and individual transactions, which can be better observed on Etherscan and BSCScan , although usability might be compromised.

While the Ethereum blockchain has Dextools as a solution, BSC lacked such a solution until PooCoin emerged. PooCoin enables chart tracking, transaction tracking, wallet tracking, and yield farm tracking on BSC, simplifying the trading of low-cap coins within the Binance ecosystem.

PooCoin Founders

The founders of PooCoin are anonymous, which is common among projects on the Binance Smart Chain. However, anonymity does not necessarily imply a negative aspect, as many successful projects, such as Sushi , PancakeSwap , Olympus DAO , and Bitcoin , have been launched by anonymous founders.

PooCoin's Unique Features

PooCoin regularly updates its application to enhance functionality and introduce new features. For example, it recently introduced a feature that enables users to view entry points directly on the chart, which facilitates the tracking of trade progress. PooCoin also offers a rug check feature to verify token integrity. A sniper watcher allows users to monitor bots used for sniping token launches. Additionally, PooCoin provides a swapping option for direct token exchange within the app. The external tools page conveniently displays other useful tools for BSC. A dev wallet checker is available to identify suspicious developer actions, such as rugs, slow rugs, and developer dumps.

In addition to these features, PooCoin offers premium features to coin holders. Holding at least $100 worth of POOCOIN/BNB liquidity in the pool allows users to track other traders' wallets and disable ads. Holding at least $300 in the pool enables users to display their trades and access the wallet transaction tab. Holding at least $2000 unlocks the final level, providing users with the ability to view trending websites and tokens across different timescales and list the 100 most popular tokens.

Related Pages:

Explore Uniswap , the leading decentralized exchange on Ethereum.

Discover Sushi (SUSHI) , another decentralized exchange.

Learn more about Safemoon , a popular community-driven coin.

Stay updated with the latest crypto news and trading insights through CoinMarketCap's education portal — Alexandria .

PooCoin (POOCOIN) Coin Supply

The total supply of POOCOIN is 10 million tokens. 25% of the supply is held in the deployer wallet. Each transaction incurs an 8% fee, with 4% being redistributed and 4% being burned. A maximum of 100,000 POOCOIN can be traded in a single transaction. This mechanism aims to establish price stability and create a deflationary dynamic that drives the token's long-term growth. Similar burn mechanisms are implemented by many other tokens to incentivize holding the coin. Notably, even Ethereum itself introduced burning a portion of transaction fees in its latest update.

Security of the PooCoin Network

POOCOIN is a BEP-20 token on the Binance Smart Chain (BSC).

BSC utilizes the proof-of-stake consensus mechanism to ensure security. Every 24 hours, 21 validators are elected to validate transactions and maintain the blockchain's security. These validators are required to stake a certain amount of BNB coins with Binance to be eligible for validation.

PooCoin Trading Commencement

PooCoin became available for general sale on March 7, 2021, through PancakeSwap.

Where Can You Buy PooCoin (POOCOIN)?

POOCOIN can be purchased on PancakeSwap (V2) . If you're interested in learning more about cryptocurrencies and how to start buying them, you can find more information in our education portal — Alexandria .