NFT Collection The Superlative Secret Society Price, Stats, and Review
Bitcoin doesn’t budge on Israel-Iran war, for now: NoOnes CEO
Ethereum Records Massive Growth As New ETH Addresses Skyrocket Since May
Musk’s X plans payments, investment features rollout for 2025 — Report
16 Billion Login Credentials for Major Online Platforms Leaked in Massive Data Breach
Lending TVL Hits Record $55.7B
TRUMP faces $2.4 mln insider exodus – But the real dump may not have begun
95% Of Bitcoin Hardware Comes From China—Now Its Makers Are Heading To America
BlockDAG’s Early On-Chain Use and $312M Presale Challenge Ethereum’s Support and HYPE’s Rally Strength
Analytics Firm Glassnode Issues Bitcoin Alert, Says Retail Participation Softening and Demand Slowing
Big Move For XRP: Ripple-Backed ETF Launches In Canada
SEI price surges as Wyoming selects Sei Network for WYST stablecoin
Bitcoin Reclaiming This Critical Resistance Level Would Be a Big Signal for the Next Leg Up, Says Analyst Michaël van de Poppe
Bitcoin Beaten: Stablecoins Shine as Wartime Remittance Tools
Ripple Whale Moves $58M To Coinbase, Selloff Incoming?
Solana, XRP, and ADA All Rebound, But the Fed's Rate Decision Casts a Shadow: What's the Forecast for July?
OKX and Consensys Partner to Boost DEX Wallet Features
Ethereum strategic reserves hit 1% of supply as corporate adoption accelerates
Russian Crypto Miners Resist Registration Despite Legal Reforms
SPX pumps 12% on Binance U.S. listing plan – Will profit-taking stall the rally?
Chainlink Bullish Pennant vs. Ethereum Price Outlook; Unstaked Could Be the Top New Crypto Coin in 2025
Dogecoin Price Flashes Pattern That Led To Previous Breakouts, Here’s What It Is
From Laggards to Leaders: Bullish Shifts Revealed in These 4 Altcoins
16 Billion Record Data Breach From Apple, Facebook & Google Puts Crypto Users At Risk
Top 3 Projects Dominating Headlines as a New Wave of Political and Corporate Adoption Builds
Sweatcoin price prediction ahead of the SWEAT launch
Sweatcoin is the fastest growing fitness project in the world with over 113 million users globally. It is a move-to-earn (MTE) platform that has a close resemblance to StepN, the well-known platform on Solana’s ecosystem. In September, Sweatcoin will launch its SWEAT cryptocurrency that is believed to be the biggest launches this year. So, in this SWEAT price prediction, we will assess whether the coin is a good buy.
What is Sweatcoin?
Sweatcoin is a leading application that is at the intersection of two leading industries: fitness and blockchain. The platform is a mobile application that can be installed in both Android and iOS smartphones.
Sweatcoin rewards users for making basic exercises like walking and running. It is an accurate platform because it uses the inbuit GPS that is in a person’s phone. Users are then rewarded using the SWEAT token, which exists in its ecosystem.
Sweatcoin has had a lot of success in the past few months. According to its website, it now has over 113 million users and is the number one fitness application in most countries, including the US and the UK. The company has raised millions of dollars from venture capital companies.
What is the SWEAT crypto?
Presently, SWEAT coins that users earn in the ecosystem have no value in the real world. As a result, the developers partnered with NEAR Protocol to launch a new cryptocurrency based on those tokens.
After months of developments, the SWEAT crypto coin will be launched on September 13th of this year. As a result, existing holders will be awarded fresh new tokens that they can sell in listing cryptocurrency exchanges. People can also decide to hold their tokens and generate returns through staking.
After the launch, the developers hope to expand the network in various ways. For example, in their second phase, they will launch SWEAT NFTs and a DAo.
SWEAT price prediction
At this point, it is not possible to conduct a SWEAT price prediction since the coin has not been launched yet. Still, we believe that the coin’s price will dip initially as existing holders cash out for fiat currency. If this happens, the sell-off could be brutal as supply will exceed demand.
In the long-term, however, the coin will likely bounce back because of its strong user adoption and brand knowledge. Therefore, for people without SWEAT coins, it will be wise to wait before you buy.
The post Sweatcoin price prediction ahead of the SWEAT launch appeared first on CoinJournal.
