Kodicoin's extraordinary growth
Kodicoin is ranked as one of the top cryptocurrency tokens on the Binance Smart Chain (BSC). Since its inception on October 1, 2021, it has expanded to include an industry-first advertising agency, staking pools, the NFT marketplace, the IDO launchpad, and more.
Its starting market cap was $500,000 USD but then reached a peak of $62,000,000 market cap with an increase from IDO price of 1200%.
But before becoming one of the top cryptocurrencies in BSC, the team that made Kodicoin launched their previous token (Kodiak) and like any other startup business, it faced some technical challenges.
"We ran into technical difficulties with our smart contract. The Gnosis multi-sig wallet used for the marketing funds malfunctioned with the contract, creating a backup in the BNB rewards distribution. Although we resolved the issue within 24 hours, the momentum needed to sustain buying pressure was axed."
They had to address the problem with their former token.
"After deliberations, our team concluded the best option was to snap-shot current holders and migrate our contract," according to Kodicoin.
"Maintaining the same vision, we re-branded, and Kodi Coin was born. A project where all crypto enthusiasts bear-long," It added.
Learn more by visiting their website and following them on social media:
Main Website: https://kodicoin.com
Pitch Agency: https://pitchit.agency.com