Smart fitness home workout biking screen with online classes woman training on stationary bike equipment indoors for biking exercise. Indoor cycling. Focus on the sweat on person's back.
Sweat Crypto continues to grow, with the platform indicating it had over 75 million registered users. The platform also boasts of 72 of these users are new. Lately, the platform has also gained traction in multiple countries, being named the number one app in 36 countries, including Spain and the UK. Today, the platform already has over 23 billion sweatcoins produced.
As a concept, the move-to-earn idea may seem implausible. However, its CEO and co-founder, Anton Derlyatka, has emphasized the idea came to him from curiosity as to why we behave in certain ways. For example, he could never understand why people were unable to motivate themselves into exercising consistently. Having been active all his life, he knew from experience about the difficulties of exercising. There were times he indicated he would find it impossible to get out and run or even walk.
Looking at the growth data, Sweatcoin has continued to grow, with many users coming into the platform. Early this month, a report reported that Sweat crypto had added 4 million new Sweatcoin wallets in 27 days. This was very significant, considering they are yet to make the token tradable.
The move also stems from the realization that people can earn while walking. The Sweatcoin platform, unlike other blockchain technologies, is also able to reach people with no interest in cryptocurrency. They are able to both be in the health and fitness industry and blockchain technology. This combination has contributed to its current popularity.
The Sweat crypto is yet to launch its own token. However, reports indicate that crypto may be released in July. Despite this, looking at the recent data, there is a high likelihood that the timing of Sweat crypto will be perfect. It will have avoided the current bearish market of the cryptocurrency industry. There is also a high likelihood of prices bullish after its launch. This is partly due to the project’s current over 75 million registered users. Therefore, I expect to see a bullish trend once the project is launched in July.
This post was last modified on %s = human-readable time difference 13:55