CANDY Price
(CANDY)
USD($)
CANDY (CANDY) Live Price Chart
Note: The data for this cryptocurrency is provided by TokenInsight. Data provided are for informational purposes only and does not constitute investment advice. Always be mindful of the risks associated with investing.
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CANDY(CANDY) Profile
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About CANDY
How can I buy CANDY (CANDY)?
Buying CANDY on KuCoin is fast and simple. Create an account, verify your identity, deposit funds, and start your trading. It's that simple! See How to Buy CANDY (CANDY) for more information. What Is Candy Pocket (CANDY) Crypto?
Candy Pocket is a web3 wallet for online payments and is the world’s first metaverse sharing platform where you can receive income for free. The Candy Pocket project combines a web3 wallet, dAppstore, and transaction capabilities.
Candy Pocket acquires users through an incentive method called Share to Earn, which encourages user accumulation. It was launched in October 2022 and has millions of registered users from over 160 countries, primarily in South Asia, Southeast Asia, Africa, and other regions.
About 80% of the users come from referrals under Share to Earn, while other user sources include popular social media channels like YouTube, Facebook, Twitter, Instagram, Zalo, and more. The project experiences tens of thousands of newly registered users daily, with a conservative expectation of achieving more than 20-30 million users before the BTC halves in 2024.
How Does Candy Pocket Work?
Candy Pocket is a web3 platform that combines a web3 wallet, dAppstore, and transaction capabilities for online payments. It aims to provide a sweet payment solution for users in the crypto world.
Candy Pocket acquires users primarily through the incentive method called Share to Earn. This method encourages users to share the platform with others, earning rewards.
It incentivizes user acquisition through the Share to Earn program and follows a roadmap with different phases, including NFT mining, C2C trading, Candy Metaverse launch, and profit distribution to candy holders. It aims to provide a convenient and rewarding online payment solution for users in the crypto world.
History of Candy Pocket and CANDY Coin
The Candy Pocket platform launched in Q3 of 2022 and currently has millions of registered users from 160 countries, mainly concentrated in South Asia, Southeast Asia, and Africa. Here’s more information about its roadmap:
Phase I
Candy Pocket officially launched and started the first phase of cost mining. Users register to receive NFT mining machines and begin zero-cost mining.
Phase II
When 1 billion candy pieces are produced, NFT mining is stopped, and C2C trading is initiated. At the same time, the mining mode of the DeFi pledge has a total output of 900 million pieces. After C2C is opened, the initial opening price for candy is 0.1 USDT/piece. The $CANDY price increases every 24 hours within the range of 0.001u-0.1u until the third stage begins.
Phase III
When the total output of candy reaches 1.2 billion, Candy Metaverse is officially launched. After the total amount of candy reaches 1.5 billion, dividends are distributed, with 90% of all business profits allocated to candy holders.
CANDY Conversion Rate
FAQ
Is Candy Pocket (CANDY) a Good Investment?
The following are some reasons why you could consider investing in $CANDY:
Candy Pocket’s Growing User Base
Candy Pocket has millions of registered users from 160 countries, with a significant portion acquired through the Share to Earn incentive program. The platform has been attracting tens of thousands of new registered users daily, indicating potential growth in user adoption.
Unique Share-to-Earn Incentive Model
Candy Pocket acquires users through the Share to Earn method, incentivizing users to refer others to the platform. This incentive program can contribute to the platform's user growth and engagement.
Market Potential of the Candy Pocket Platform
As a web3 wallet for online payments, Candy Pocket operates in the broader cryptocurrency and blockchain market, which has seen significant growth and adoption in recent years. The increasing acceptance of cryptocurrencies and the potential for further innovation could create opportunities for Candy Pocket's expansion.
According to some price predictions, Candy Pocket (CANDY) is an investment opportunity due to its growing user base and potential for price appreciation. However, you must conduct thorough research, analyze market conditions, and consider your risk tolerance before making investment decisions.
What Is Candy Pocket Price Prediction?
While we cannot provide an accurate CANDY price prediction over any timeframe, you could monitor the following factors to gain a better understanding of price action and volatility in this token:
Candy Pocket’s User Growth and Adoption
The growth of Candy Pocket's user base can contribute to its token price. As more users join the platform and utilize the token for online payments and other activities, it can increase demand, potentially positively impacting the price.
Competition and Market Development
The presence of other similar projects or competitors in the market and any significant developments or partnerships within the crypto industry can affect the token price. Positive differentiation, technological advancements, or unique features may help Candy Pocket stand out and impact its price.
Crypto Market Conditions
General market sentiment and investor perception of Candy Pocket can influence its price. Positive news, developments, partnerships, or community engagement can create a favorable sentiment and attract investors, potentially driving the price upward.
What Is CANDY Token Used For?
The Candy Pocket (CANDY) token is a utility token within the CandyPocket ecosystem. It functions as the incentive token for the Share to Earn model employed by Candy Pocket and is distributed as user rewards.
Token holders can also hold CANDY on Candy Pocket to receive hundreds of web3 project tokens via the platform. They can also receive rewards in CANDY for participating in dApp gameplay on Candy Pocket.
Candy Pocket also performs token-burning to reduce the circulating supply of CANDY tokens in the market. The token-burn process helps amplify the value of the Candy Pocket project, further incentivizing token holders to invest in the token.
In addition, you can also trade Candy Pocket coin against other crypto assets on the KuCoin Spot Market or other supported platforms to profit from changing market conditions and volatility. Buy or sell CANDY or hold the token long-term if you believe in the future potential of the Candy Token project. Remember to DYOR before making any investment decision in the crypto market.
How to Mine CANDY on Candy Pocket
According to the official whitepaper of Candy Pocket, the total supply of CANDY is fixed at 2.1 billion tokens. You can mine CANDY at zero cost through the Share to Earn model by downloading the dApp and registering for an account.
After logging into your account, you can receive NFT mining machines for free. When you share and invite more friends to register on the platform, you can increase the hash rate and earn more mining rewards on Candy Pocket.
After accumulating mining for 18 days, your hash rate increases by 10%. Candy Pocket has set the maximum individual user income limit as 100B/h. Once you reach this limit, you can no longer earn CANDY through minting.
What is the market cap of CANDY (CANDY)?
The current market cap of CANDY is $137.55B. It is calculated by multiplying the current supply of CANDY by its real-time market price of $137.55B.
How do I store CANDY (CANDY)?
You can securely store your CANDY in the custodial wallet on the KuCoin exchange without having to worry about managing your private keys. Other ways to store your CANDY include using a self-custody wallet (on a web browser, mobile device, or desktop/laptop computer), a hardware wallet, a third-party crypto custody service, or a paper wallet.
How do I convert Tether (USDT) to cash?
You can instantly exchange your Tether (USDT) for cash using KuCoin's Fast Trade feature. This feature enables you to convert USDT to your local fiat currency in just a few clicks. However, make sure to complete Identity Verification first to enjoy all the features you may need.