TOCOPrice

(TOCO)

TOCO aims to make memes meaningful and trades impactful by contributing to environmental causes. Its core mission revolves around planting trees, saving rainforests, and protecting wildlife. The project strives to leverage the crypto space for real-world environmental action and conservation efforts, driving positive ecological impact through its community and transactional model.

TOCO serves multiple utilities within its ecosystem. Users can trade TOCO on various platforms. A key utility is staking, which allows holders to earn additional TOCO rewards from a portion of transaction fees. Furthermore, a percentage of every transaction is directed to a Charity Wallet, directly supporting environmental initiatives. Future plans aim to expand its utility through NFTs, exclusive partnerships, and community-driven projects.

TOCO's overarching environmental goal is to contribute to saving the Earth. It claims to drive real-world change through its dedicated Charity Wallet, which funds tree-planting and various conservation projects. The project also states it removes CO2 from the atmosphere via carbon offsets, managed by a non-profit called the Carbon Reserve. However, the provided information notes questions regarding the permanence and independent rating of these carbon offset projects.

TOCO's staking mechanism allows token holders to earn rewards by locking up their TOCO tokens. Participants can earn additional TOCO, which is distributed from a dynamic 1% transaction tax pool. Beyond generating returns for stakers, this mechanism is designed to contribute to market stability by reducing the circulating supply and consequently lowering selling pressure on the token.

TOCO tokens are available for purchase and sale on decentralized exchanges (DEXs). These platforms facilitate peer-to-peer cryptocurrency trading without the need for a central intermediary. Users typically connect a digital wallet to these exchanges to swap other cryptocurrencies for TOCO, ensuring a direct and permissionless trading experience for acquiring the token.

Understanding TOCO's tokenomics involves examining its supply, distribution model, and how these factors influence its market behavior and utility. Key aspects include the total supply and circulating supply of tokens, as well as the initial allocation strategy. The maximum supply for TOCO is stated to be approximately 994 million tokens. Tokenomics are crucial for assessing the project's long-term sustainability and economic design.