PooCoin app (PooCoin) is a DeFi trading analytics website for BNB, Polygon (MATIC) and KuChain (KCC). PooCoin rivals DexTools (DEXT), the leading Ethereum (ETH) DEX analytics tracker. Currently, the PooCoin token is trading at $1,28, with a market cap of ~$8 million and a total supply of 10 million tokens.
In this article, we will discuss:
What is Poocoin?
PooCoin is the most visited DeFi review site in the world, according to Alexa. PooCoin app is among the top 1000 most visited websites in the world at 672, while Dextools, its main competitor, is ranked at 789. PooCoin still ranks high compared to PancakeSwap (CAKE), the most liquid DEX on the BSC network.
The PooCoin website provides an index for all token contracts on supported networks, including real-time buy/sell data, charts, market caps, LP tokens, wallets and trading widgets. The PooCoin Telegram bot can be implemented in any BSC/Matic/KuChain currency to track the real-time price in a channel.
PooCoin has introduced new features in DEX analysis such as value trackers for purchases, instant trading on the platform and multiple charts. The PooCoin bot is commonly used in Telegram crypto groups. Premium features are available on the website which allows tracking of multiple wallets.
Where did PooCoin come from?
Ethereum and DEXs like UniSwap (UNI) started a revolution in the DeFi sphere. Traders were instantly able to exchange Ether for ERC-20 tokens and vice versa. The problem was that merchants could not track real-time purchases and sales of their tokens using CoinGecko and CoinMarketCap or had to manually check the block explorer.
What was needed was a DEX tracker that would show all purchases and sales of all contracts on the Ethereum network. DexTools introduced real-time charts with buy/sell analysis, but did not support BSC at the time.
As BSC began to gain recognition for its low fees in Q2021 XNUMX, the network demanded its own version of DexTools that would show real-time analytics for BSC contracts. PooCoin was born as a new protocol for PancakeSwap token analysis.
PancakeSwap is the largest and most liquid DEX on the BSC network, with over $6 billion in locked-up value. The problem is that PancakeSwap is often late and slow to index new buys and sells. The price listed on PancakeSwap may be delayed by several hours or more. PooCoin fixed this by syncing key analytics directly from the BSCscan block explorer and integrating them into their platform. This allowed them to significantly speed up price indexing on the BSC and show the real-time transaction for each contract on the network.
How PooCoin Works: Main Feature
The main feature of PooCoin is the chart. PooCoin has one of the highest holds on any DEX because users spend a lot of time tracking their tokens and watching the buys/sells unfold in real-time.
The entire BSCScan block explorer is indexed and all contracts with liquidity can be queried automatically.
For example, a user can search for the SafeMoon token (SAFEMOON) by its name or plugin in the contract, which is “0x8076c74c5e3f5852037f31ff0093eeb8c8add8d3”. In both cases, it syncs the graph instantly.
- Liquidity: PooCoin tracks LP tokens and the amount of liquidity. If a token has greater liquidity, the price will fluctuate less, even with large sales.
- Transactions: Leading directly to the latest transactions in the block explorer. This will match the transactions listed below the chart.
- Contract: The contract can be read directly into BSCScan if the source code is verified. The user can also copy the contract and enter it into the app to get security ratings for that contract (i.e. contracts with burnt/locked liquidity have higher ratings).
- Holders: This will show the top holders and analysis of the token. PooCoin automatically flags dangerous tokens where developers or certain wallets own the bulk of the supply and can cause the price to quickly devalue when selling.
What makes PooCoin unique?
PooCoin has updated their app several times since launch to improve functionality and add new features. For example, it introduced a feature that allows users to see entry points directly on the chart to make it easier to track the progress of a trade. PooCoin also has a carpet verification feature that allows you to verify the integrity of a token. A sniper watcher allows users to track bots used to launch sniper tokens. Also, PooCoin has an exchange option that you can use to exchange tokens directly in the PooCoin app. An external tools page shows other useful tools for BSC conveniently in one place. A development wallet checker checks for dishonest developer action such as mats, slow mats, and developer dumps.
In addition to the features described, PooCoin also offers some premium features for coin holders. Keeping at least $100 of POOCOIN/BNB liquidity in the liquidity pool allows users to track other traders' wallets and disable ads. Keeping at least $300 in the liquidity pool allows you to view your trades and enables the wallet transactions tab. Holding at least $2.000 unlocks the final tier, where users can view websites and tokens trending on more timescales and list the 100 most popular tokens.
wallet tracking
PooCoin tracks wallet balance showing all tokens belonging to a connected wallet and their value in USD
Warning: Users should be aware that tokens tossed into the air on the BSC network can be dust hits. If you didn't buy a token, but found a token with a value of $50.000 or more in your wallet, it could be a dust attack that could empty your wallet when you exchange it.
Users who have multiple tokens can also “star” their favorite tokens to separate them from the tokens they care least about.
PooCoin Widget
The PooCoin widget is a token exchange widget available on every PooCoin chart. Users can buy and sell tokens instantly without visiting DEXs like PancakeSwap. It automatically forwards them through DEX engine and saves trader time.
Developers can embed the PooCoin widget on their website if they want users to instantly trade their tokens. The widget is free to use.
PooCoin telegram bot
The PooCoin Telegram bot is a free and programmable price tracking bot for PooCoin compatible cryptos.
Telegram is the most used app for crypto groups and they can instantly check the price of a token using the PooCoin bot by entering keywords like “/price”. This bot can be deployed instantly on any Telegram channel for any token.
premium features
PooCoin Premium offers a set of premium features related to wallet tracking and trending tokens that can help traders make more profitable trades.
There are three premium tiers:
1 Level
Cost: $100.
The user can track a wallet that does not belong to him. This will show your balances as if they were your own. This feature is designed to copy whale movements and make profitable trades.
2 Level
Cost: $300.
Portfolio tracking, but trades are listed on the chart, similar to the user's own trades.
3 Level
Cost: $2.000.
A user can see the trending tokens that have received the most views. The user can also adjust the timeframe to the last 30 minutes, alerting him to the hottest tokens on the site.
PooCoin Token
The PooCoin token is currently trading at $1,28 and has fallen from its all-time high of $15 in April 2021. The total supply is limited to 10 million tokens.
The PooCoin token is a reflection token on the BSC network. A reflection token means users are taxed on every transaction.
An 8% tax is applied on all transactions: 4% is burned and 4% is distributed to other holders. The higher the supply allocation a user has, the higher their reflection rewards. This taxation applies to all transactions, including moving tokens from one wallet to another.
PooCoin quickly appreciated when it was launched and listed on sites like CoinMarketCap and CoinGecko. However, it was not able to maintain its initial momentum and depreciated to new lows.
What is the Price Forecast for the PooCoin token
As of February 01, 2022 the current price of Poocoin is 1.29000 USD. By looking at the very recent price changes in Poocoin, our price prediction system predicts that Poocoin could be approximately 1.29184 USD tomorrow as a closing price. Based on historical Poocoin price data, we predict that the price of Poocoin could be 3.17889 USD at the end of the year 2022.
It could also be 3.17889 USD exactly one year later today. In the next 3 years, the highest level Poocoin price you can reach is 18.6088 USD and the lowest Poocoin price can be 0.73322 USD. According to our calculations, at the end of 2023, we expect the price of Poocoin to be around 5.14344 USD, although it could easily end up at the price levels of 8.32209 USD at the end of 2024. When we calculate the Poocoin price prediction in the near future at the end of 2025, we surprisingly discovered a remarkable value of 13.4651 USD per Poocoin.
Where to buy PooCoin?
PooCoin cryptocurrency can be traded on the following exchange:
- PancakeSwap (V2)
Conclusion
PooCoin is the most visited DEX review site and receives the most engagement from DeFi traders – surpassing even Ethereum review sites such as DexTools. The provocative name of the site and the token could be an obstacle to wider adoption, as the price of the token has dropped significantly since it was launched in Q2021 XNUMX.
The PooCoin team actively worked to bring the features across multiple chains and introduced the most reliable real-time trading for DeFi. The Telegram widget and bot developed by the PooCoin team have been well received by the crypto community and implemented on many websites and channels.
The DeFi community will be watching what PooCoin brings to the table in the future. The high engagement rate, low token supply and abundant resources can lead to a PooCoin token return.
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