Sees $45 Million Sweat Wallet (SWEAT) Hoarded Just One Week After Launched By DailyCoin

© Reuters. Sweat Wallet Sees $45 Million Sweatcoin (SWEAT) Accumulated Just One Week After Launch

The new cryptocurrency in the economy of race (SWEAT) is making significant progress, with more than 120 million users around the world counting their steps. In fact, the march towards cryptocurrency has never been more fashionable, as Sweatcoin released its very own cryptocurrency on September 13, 2022. Moreover, more Sweat Economy (SWEAT) is being traded, due in large part to the fact that That the newly released app offers 12% APY annually to users worldwide, among other benefits.

Walking on cryptocurrencies – the new trend?

To celebrate the token launch, Sweatcoin launched the Sweat Wallet app, which converts the company’s original Sweatcoin into its new digital currency. Sweat Wallet has become the most popular app in Web 3.0, according to DappRadar, even surpassing PancakeSwap & Gameta.

As the app continues to unlock the collected Sweat Economy (SWEAT) system, more than 120 million members worldwide can now transfer $SWEAT to each other. The next move from Sweatcoin, the NFT division, will give NFT enthusiasts a chance to get their courage to get their coveted NFT. The size of the Sweatcoin NFT market is currently unknown, but the crypto community is optimistic as the original Sweatcoin app has become the most downloaded app in 66 countries around the world.

Sweating for quick adoption pays off

A number of high-profile crypto platforms have added support for new cryptocurrencies in just one week, and the latest one that includes $SWEAT is Coinbase (NASDAQ::Prime). Other exchanges that have won the first ever cryptocurrency that can be mined simply by walking KuCoin, OKX, and FTX.

At the time of this post, Sweat Economy (SWEAT) is trading at $0.048134884498, a slight increase of 0.6% over the past 24 hours. The new paid cryptocurrency was not able to fully resist the ruthless bear market, recording a downtrend of 4.1% over the past seven days.

on the flip side

  • The new token was not immune to the bear market, although it was accepted by crypto exchanges.
  • Although it reached $0.09 on launch day, the price of SWEAT has since fallen by half its market value.

Why should you care

Sweatcoin is a pioneer in the paid-for cryptocurrency using a technology that is a first of its kind. The app has proven to be very popular in Western Europe, where it broke a record in general selling prior to its launch.

Learn more about “paid for” activities that involve encryption:

“Shitpost-to-Earn”: NFT Project Rewards Sarcasm on Twitter (NYSE: NYSE)

The sex-to-earn economy: An unexpected twist of the transition to earning and playing to earning

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