Crypto Academy

Pacoca Price Prediction 2022 – Can PACOCA Eventually Reach $1

 

Blockchain is getting adopted rapidly. Although the market has been extremely volatile these past months, that is not affecting the rate of mass adoption. Every day, new businesses, corporations, and even countries become more pro-crypto.

As this happens, we stumble across the flaws that the current networks have. These flaws include scalability and efficiency. However, we believe that being limited to only one blockchain is the biggest flaw of this industry. Pacoca overcomes this issue with the aim of optimizing the experience of decentralized finance (DeFi) users. 

Through Pacoca, you can manage your portfolio all in one place. Their platform allows you to manage your portfolio across different DeFi projects such as Fantom and Polygon. Throughout this article, we will talk about what Pacoca is, how it works, and what the future holds for it.

What is Pacoca (PACOCA)?

So, what exactly is Pacoca? Well, Pacoca is a portfolio manager, decentralized exchange (DEX), and automated yield farming aggregator. As we mentioned before, Pacoca aims to provide a platform where people can use DeFi with ease; something that is rare in this space. Decentralized finance is usually promoted as very complicated to be a part of.

Moreover, most DeFi platforms fail to provide their users with an easy-to-use interface, and that is where Pacoca comes to play. The only thing you need to do to access Pacoca is connect your wallet and you are all set. If you want to take a look first, however, you can also try a demo of the platform. This process does not require you to connect your wallet. 

For your information, Paçoca is a Brazilian peanut sweet in real life. This traditional Brazilian treat is popular throughout Brazil and is extremely easy to make. The team of the Pacoca project established the brand of their project on this easy-to-make, delicious Brazilian dessert.

Pacoca operates on the BNB Chain, making $PACOCA a BEP20 token. To ensure that the token’s contract is safe, this token is audited by one of the biggest auditors in the market, CertiK. In essence, $PACOCA is a governance token.

You can use $PACOCA to vote on features, integrations, or anything that has to do with the platform. To make things spicier, Pacoca rewards certain users that stake $PACOCA and $PACOCA LP in return for rewards in $PACOCA and a chance to win rewards in non-fungible tokens (NFTs) on some occasions. 

Pacoca (PACOCA) Tokenomics

The tokenomics of $PACOCA are simple, really. This token’s initial supply is 100 million tokens. At first, Pacoca had a hard cap of 100 million tokens; today, however, it has a circulating supply of 123 million. This change was due to a governance proposal, where the option to change the supply from a hard cap to a soft cap was supported by more than 89% of the voters. 

Token Destination Token Distribution
Farming 60%
Development 15%
IFO & Airdrops 18%
Marketing, Partnerships, and Initial Liquidity 8%

Pacoca (PACOCA) Price Analysis

At the time of writing, the whole crypto market is experiencing bad days. Each day, prices are going down. However, though, most OGs in the crypto space saw this market correction months before it happened. All in all, $PACOCA is holding on quite well despite all the chaos in the market. 

Pacoca (PACOCA)
Rank: 3211
$ 0.000923
Price (BTC)
Ƀ0.00000001
Marketcap
$ 420.02 K
Volume
$ 506.59
24h Change
0.96%
Total Supply
179.40 M PACOCA


According to CoinMarketCap, $PACOCA joined the market in mid-2021 with a trading value of $0.13. Not a long time after it made its debut, this token crashed to $0.02. Nevertheless, that same year, $PACOCA set a new all-time high by hitting a price of $0.48.

By the beginning of November 2021, $PACOCA lost more than half of its value, trading for as low as $0.19. This token experienced another spike in price during November and another one during December. None of these price increases was big enough for the coin to set a new all-time high, however.

Today, $PACOCA is trading at a price of $0.02. It has a market capitalization of $2.50 million and a 24-hour trading volume of $59,000. This price is a consequence of the recent market correction where more than $1 trillion flew out of the crypto market. 

 

(Pacoca price chart. Source: CoinGecko)

Crypto Academy Pacoca (PACOCA) Price Prediction

We at Crypto Academy strongly believe that the best thing one can do before investing is research. Therefore, we always do our own research and analyze the market before presenting price predictions. As for $PACOCA, we do believe that its future is bright.

Pacoca (PACOCA) Price Prediction 2022

The year 2022 has been devastating for the crypto market. Most major cryptocurrencies, including Bitcoin and Ethereum, have lost more than 50% of their value since they hit their current all-time highs. As for $PACOCA, this token is also down by more than 50% since it hit its ATH back in October 2021.

Just as the majority of the crypto community, we see this as a discount. That is because we really believe that the crypto market is likely to recover sometime in September 2022. By the end of the year, $PACOCA could get back to trading at $0.10. If the market fails to recover, however, $PACOCA might end the year with a price between $0.07-$0.08.

Pacoca (PACOCA) Price Prediction 2023

As for 2023, the market is expected to be a little less volatile. This might be because of the huge volatility the market experienced during 2021-2022. The first and third quarters of 2023 might be a bit quiet for crypto. 

However, the second and fourth quarters may prove to be very positive for the market. During these quarters, the market could try to bounce back to where it was back in January 2022. If not, it will most likely sit around the same place throughout the year. $PACOCA is likely to end the year with a price between $0.10-$0.14.

Pacoca (PACOCA) Price Prediction 2024

Moving on, we have the year when the most anticipated crypto event will happen. In 2024, the next Bitcoin halving is set to occur. The Bitcoin halving event is known to have a positive effect on the market, often causing massive bull runs. 

We can’t say that such a thing will happen for sure, however. If it happens, the market is likely to experience the biggest bull run ever. $PACOCA, as well as the whole market, might be heavily affected by this event. By the end of 2024, we believe that $PACOCA will be trading at a possible price somewhere around $0.40.

Pacoca (PACOCA) Price Prediction 2025

The year after the Bitcoin halving is where things start to get really interesting. Similar to 2021 and 2017, 2025 might be huge for the crypto market. In 2025, many believe that the crypto market may break all kinds of records. 

When it comes to $PACOCA, our price prediction shows this token skyrocketing and setting new all-time highs. Our forecast shows that $PACOCA is likely to finally reach a trading value above $1. $PACOCA could end 2025 with a yearly high between $0.93-$1.26.

Pacoca (PACOCA) Price Prediction 2026

By 2026, the crypto market could get extremely big. The bigger the market, the more money is needed to cause volatility. This means that the market is likely to become less volatile as it grows. We believe that $PACOCA could continue to grow during 2026.

However, we believe that this growth might be a bit slower. By the end of 2026, $PACOCA could be left with a trading value of $1.50. Our $PACOCA price forecast shows this token with a possible yearly high of $2.15.

Pacoca (PACOCA) Market Prediction

After presenting our price prediction for $PACOCA, we will touch upon some of the predictions made by other websites. 

Digital Coin Price

Digital Coin Price is a website that makes price predictions for different cryptocurrencies and tokens. They use algorithms and technical analysis to predict the future of a certain coin. Some weeks ago, they made a price forecast for $PACOCA. 

According to their price prediction, the highest $PACOCA could go in 2022 is $0.028. By the end of 2025, they believe that this token is likely going to trade at a price of $0.045. As for the long term, this forecast shows $PACOCA hitting a price of $0.09 in 2030. Finally, this prediction shows $PACOCA surpassing the price of  $0.10 by the end of 2031 when it will potentially reach $0.12.

Startup Central US

One of the newest cryptocurrency Youtubers, Startup Central US, also made a prediction about $PACOCA. He begins the video by talking about the price history of $PACOCA. Then, he touches upon the fact that this token is not a shitcoin in any way. Throughout the whole video, Startup Central US emphasizes the fact that $PACOCA is a small-cap token and has a lot of potentials. He believes that this token is likely to x2-x3 very soon. However, he believes that $PACOCA is likely to 5x sometime during the year, putting it at a price of $0.11.

How to Buy Pacoca (PACOCA)?

According to CoinMarketCap, you can purchase $PACOCA directly on Pacoca’s exchange or if you feel fancy you can do it on PancakeSwap or ApeSwap. Both of these exchanges are decentralized exchanges operating on the BNB Chain. However, while PancakeSwap offers only one market pair for $PACOCA, ApeSwap offers two. For this guide, we will use ApeSwap to purchase $PACOCA. 

Step 1: Buy BUSD

The very first thing you need to do to buy $PACOCA is buy BUSD. You can purchase BUSD in several cryptocurrency exchanges. Of course,  however, the best exchange to buy BUSD is Binance. After creating, verifying, and funding your Binance account, simply go to markets and purchase BUSD. 

Step 2: Create Wallet

Now that you have purchased BUSD, you must create a wallet. At the time of writing, Pacoca supports MetaMask, Coinbase Wallet, SafePal, Trust Wallet, Binance Chain, Wallet Connect and BitKeep. ApeSwap, however, supports these wallets:

Step 3: Swap BUSD for PACOCA

After you create your wallet and store the seed phrase somewhere safe, you are ready for the next step. Now, send the BUSD you bought in the beginning to the wallet you just created. After doing so, go to ApeSwap, connect your wallet, and search for the PACOCA/BUSD market pair. After finding it, execute the swap. 

Frequently Asked Questions (FAQ)

What is Pacoca Crypto?

Pacoca Crypto is a token operating on the BNB Chain. This token is the native token to the Pacoca multichain portfolio manager. The name of this project is based on a traditional Brazilian sweet, Paçoca. At the time of writing, the total value locked (TVL) in Pacoca is around $9.1 million. Moreover, this month, around $75,000 has gone toward buybacks.

Where Can I Buy Pacoca Coins?

As of right now, users can buy $PACOCA at Pacoca’s exchange, PancakeSwap, ApeSwap, BabySwap, or even CafeSwap. While PancakeSwap’s only market pair for $PACOCA is CAKE/PACOCA, ApeSwap offers two markets for this token: PACOCA/BUSD and PACOCA/WBNB. For a live view of the available markets for $PACOCA, you can go to  CoinMarketCap. 

Takeaways

 

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