Cape Coral, Florida, 9th Feb 2022, ZEXPRWIRE, Kodi Coin officially launched their much-anticipated V2 on February 8th, 2022. The Binance Smart Chain based cryptocurrency upgraded its smart contract to align with the vision and future growth of the project.
Exploding into popularity among DeFi enthusiasts in October 2021, Kodi rose nearly 1200% from its IDO price, peaking at a 62 million market cap. They’ve developed a strong base of supporters behind niche utilities in their industry-first Entertainment Network and Pitch Advertising Agency.
In early December, fellow ‘meme coin’ Safemoon did a migration of their own, upgrading to Safemoon V2. Unlike Safemoon, the Kodi migration executed automatically, and all holders have been airdropped their new tokens to a 1:1 ratio. If you are a holder of Kodi, the only step you need to take now is adding the new contract address to your Metamask or TrustWallet.
Many DeFi projects have migrated recently to adapt to the advancements in smart contract technology. Kodi decided to pause trading and start the process right before the market took a bearish turn. January witnessed the entire crypto market tumble as talks from the US Fed hiking up interest rates and hints of crypto regulation started to make headlines.
The developers at Kodi saw a window of opportunity to make significant upgrades and remedy existing flaws in their contract. One such upgrade introduced ‘proof of stake’ into the Kodi ecosystem. Staking is a utility concept growing in popularity in the decentralized finance space and is a great way to earn passive income on your existing holdings.
Introducing a new method of passive income earning isn’t the only perk Kodi unveiled to its investors. They will be releasing an IDO launchpad called ‘CookieSale’ before the end of February. Aiming to compete with BSC heavyweights DxSale and PinkSale, CookieSale will look to take the industry lead with greater functionality and a less invasive pricing structure. A demand for which is high among DeFi developers.
In the fast-paced environment of crypto, it is survival of the fittest, and Kodi has shown its willingness to adapt to the rolling tide like few others have in the space. With already unique utilities anchoring the Kodi ecosystem, developing a successful IDO platform in CookieSale might be the boost needed to sit them amongst the BSC elites in Safemoon and Shiba Inu.
You can purchase Kodi through PancakeSwap, Hotbit, LBank, and Flooz.trade.
The post Kodi Coin officially launched their V2 on Binance Smart Chain appeared first on Zex PR Wire.
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Stocks Distinct journalist was involved in the writing and production of this article.