Cosmos Group Holdings Inc. (OTCMKTS:COSG) Stock Continues to Trade in a Range

Cosmos Group Holdings Inc. (OTCMKTS:COSG) is moving in a range. The company’s subsidiary Metaverse Blockchain Fusion NFT firm Coinllectibles has announced that it will accept Colligio Tokens for Fusion NFTs purchase offered by Coinllectibles.

Market Reaction:

On Monday, COSG stock ended flat at $8 with more than 100 shares, compared to its average volume of 9 shares. The stock has moved within a range of $0.51 – 11.00 after opening the trade at $7.50.

Major Trigger

It is vital to note that Coinllectibles doesn’t issue Colligo Tokens but rather serves as a utility firm for the Colligo Tokens.  Coinllectibles Partnerships Director Benny Phang said they are delighted to work with Colligo Tokens. He explained that the company shares a common objective of community support and building in the collectibles and international art market.

The Colligo Token will be priced at $0.001 at launch, but the price will depend on the market rate. Benny said that the initial rate shows the type of value the company hopes to present to its partners and community. Besides NFTs purchase, token holders will participate in periodic mystery drop boxes, access exclusive events and groups, and use tokens to vote. So in the coming weeks, COSG is worth watching.