An unknown cryptocurrency called Cocos-BCX (COCOS) surprised market participants by sneaking into the crypto top 10 by market cap. Out of the bloom, the token records over $25 billion in market capitalization, according to data from CoinMarketCap. Related Reading: AVAX Eyes The Next Resistance, Is It Time To Go Long? The platform experienced a bug that allowed COCOS to rise in the industry’s top ranking. As of this writing, CoinMarketCap removed the token, but its appearance raised some questions. Analyst Will Clemente asked his followers: What is this random shitcoin that just appeared at #6 on coin market cap? $12 million in 24-hour volume LOL (…). COCOS Ranks Alongside Bitcoin, Binance Coin, And Ethereum COCOS is Cocos-BCX’s native token. This platform is a GameFi incubator for “investment, distribution, IGO,” and community building. Its ultimate objective is to bridge people to the Web3 space and support “high-quality” projects in the sector. The platform provides users with a LaunchPad and Staking mechanism and is part of significant ecosystems, such as Binance Chain (BNB). However, data from CoinMarketCap shows that COCOS has a $12 million ..
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