Disclaimer: This report is based on information available on the internet as of March 5, 2024. Due to the dynamic nature of the cryptocurrency market, information presented here may change.
Project Introduction and Brief Summary:
Yocoin is a cryptocurrency that uses a Proof-of-Work (PoW) consensus mechanism. It is designed to be a secure and decentralized digital currency that can be used for peer-to-peer transactions. However, there is limited information available about the specific solutions or products offered by Yocoin.
Project Release Date & Token Release Date:
The exact date of Yocoin’s launch is unclear. However, information from CoinMarketCap suggests it was sometime in 2014.
Market Capitalization:
As of March 5, 2024, Yocoin has a market capitalization of $0.00. This is because the circulating supply of YOC tokens is not reported, making it impossible to calculate the market cap.
Current Price:
The current price of Yocoin is $0.000077.
Exchanges where the cryptocurrency is currently listed:
Yocoin is currently listed on 8 active markets according to CoinMarketCap. However, the trading volume is very low, suggesting limited liquidity.
Competitors:
- Bitcoin (BTC) – $460,429,353,437.79
- Ethereum (ETH) – $194,001,177,024.24
- Litecoin (LTC) – $12,420,238,345.32
- Dogecoin (DOGE) – $8,857,644,547.13
Use Cases:
There is limited information available about the specific use cases of Yocoin. However, it is likely intended to be used as a general-purpose cryptocurrency for peer-to-peer transactions.
Technology:
Yocoin utilizes a Proof-of-Work (PoW) consensus mechanism, similar to Bitcoin. However, specific details about the underlying technology are scarce.
Smart Contracts and Audits:
There is no evidence of Yocoin utilizing smart contracts. Additionally, no information regarding audits is available.
Investors or Partners:
No recent news reports (within the last 90 days) mention any investors or partners involved with Yocoin.
Amount of Money Raised during Presale/ICO/Seed Rounds:
Information about the amount of money raised during any funding rounds for Yocoin is not available.
Token Distribution:
The total supply of Yocoin is 554,925,922.736552 YOC. However, the circulating supply is not reported.
Token Economics and Use Cases:
There is a lack of detailed information about Yocoin’s token economics and specific use cases for its token (YOC).
Roadmap:
No publicly available roadmap exists for Yocoin.
Team Members:
Information about the Yocoin team is not readily available.
References:
- Yocoin website: http://www.yocoin.org/
- Yocoin on CoinMarketCap: https://coinmarketcap.com/currencies/yocoin/
- Yocoin on Coinbase: https://www.coinbase.com/price/yocoin
Additional Notes:
Due to the limited information available online, it is challenging to comprehensively assess Yocoin’s potential and future prospects. Investors should exercise caution and conduct thorough research before considering any investment in Yocoin.
