Pokeball (CCC:POKE-USD) is a new decentralized finance (DeFi) token that pays users for staking their POKE-USD in liquidity pools. This yield farming token surged several hundred percent overnight, touching a high around 70 cents in trading today.
Built on the Binance Smart Chain, Pokeball also has and can be staked on PancakeSwap (CCC:CAKE-USD) or Ballswap. Pokeball is not to be confused with , such as Charizard Token (CCC:CHZ006-USD) or the now-defunct PokeCoin in particular (which ).
Farming of POKE-USD began on Jan. 14, 2021, and nearly 5.5 million tokens have been farmed to date. of 6.2 million tokens at a price of 66 cents puts the market capitalization at just over $4.1 million.
This token has a supply cap of 100 million POKE-USD, but the developers say that won’t be reached, as there are multiple burn mechanisms in place to reduce circulation. To date, 2.4 million tokens have been burned.
In particular,
appear to have prompted the previous surge in $POKE-USD, which saw the token climb from 23 cents on Feb. 16 to an all-time high around 91 cents on Feb. 21.
That price surge could also be related to a Feb. 5 in exchange for an NFT. Receiving an NFT was contingent on holding funds in liquidity pools for two weeks, but it appears from that time have .
Pokeball is apparently working on a . It’s also worth noting that many of this company’s , and that it hasn’t made any major announcements on its Medium account since February, though it has been .
Pokeball (POKE) Price Predictions
Currently trading around 64 cents and up 716% over the past 24 hours, where does POKE go next? Here are some Pokeball (POKE) price predictions:
- Wallet Investor has .
- Gov Capital likewise predicts that .
- Digital Coin Price has a and $2.02 by the end of 2025.
On the date of publication, Vivian Medithi did not have (either directly or indirectly) any positions in the securities mentioned in this article.
