Sweat Crypto is the native token of the Sweatcoin platform that has continued to gain traction with users wanting motivation to exercise and maintain a healthy lifestyle. Today, the platform has become one of the fastest growing in the cryptocurrency industry.
On June 9, Sweatcoin announced it had reached the 100 million users milestone. On their Twitter account, the platform expressed optimism about what such a milestone meant and indicated they were just getting started.
The 100 million users milestone was a huge accomplishment for a platform that is yet to launch its native token. It also showed the platform’s continued growth has the potential to propel Sweat coin crypto to become one of the largest projects by market capitalization once it is launched.
Unfortunately, the Sweat crypto price is not yet available for traders. This is despite it having one of the largest communities in the industry with over 100 million users.
However, even with no charts, we can still speculate where we expect the crypto to trade. For starters, the move to earn model of operations means that millions of Sweat cryptos are already in circulation. Although these coins can still be exchanged on the platform for gifts, most Sweat crypto users are waiting for the official launch of the crypto, which will give the cryptos they hold value.
Therefore, once launched, most users of the platform will be looking to sell their thousands of Sweat crypto on the exchanges and redeem their efforts. Regardless of what the initial price of the Sweat crypto will be, the initial surge of people looking to sell it will result in a drastic fall in the cryptocurrency.
There is also another possibility that involves the launch price being very low due to the cryptocurrency’s high number of users. This is the most plausible possibility that will ensure that the crypto is launched at its true value. It will also prevent Sweat Crypto from plummeting. In any case, I anticipate Sweat Crypto prices to be less than $0.01 when it is released.
This post was last modified on Jun 27, 2022, 08:41 BST 08:41