Sweat Economy (SWEAT) Price Prediction 2022 - 2030. Is sweatcoin a good investme

[Ragavendra Raja]

The sweatcoin token, or sweat economy, has its own native token, SWEAT. Sweat coin works on Ethereum's (ETH) and Near Protocol's (NEAR) blockchains. By signing up to the system and exercising, users will receive rewards as Sweat coins.

SWEAT currently has its own crypto wallet, called the Sweat Wallet, but by the end of 2022, it will also install NFTs and allow direct purchases with fiat currency.

As stated in the crypto lightpaper, the token is based on the idea of "the open economy of movement". By incentivizing physical activity through sweat coin rewards, the sweat economy fitness app aims to reduce the global carbon footprint.

Sweat Economy (SWEAT)’s circulating supply is 2.05B SWEAT while its maximum supply is unknown as per CoinMarketCap. Sweat Exchange (SWEAT) can be traded on top cryptocurrency exchanges including Bitfinex, Kucoin, Gate.io, FTX, and others.

Sweat Economy (SWEAT) Price Prediction 2022

After touching support level of $0.0568, SWEAT price swung from $0.0754 resistance2 to $0.0659 resistance1. The market has reversed at the support level of $0.0568 and is now going sideways. Expected to be bullish in coming weeks.

In the meantime, our long-term SWEAT price prediction for 2022 is bullish since it cannot break the current support level anytime soon. We can expect SWEAT to reach $0.1 in 2022.

[Bananington]

Sweat Exchange (SWEAT) can be traded on top cryptocurrency exchanges including Bitfinex, Kucoin, Gate.io, FTX, and others.

The writers of the article on the link seem to be very confident that the price will be bullish. Considering that it has not yet been listed on some other exchanges that people have confidence in like binance, I'd say their predictions may just be right as I believe a listing on binance can make the target of getting to $0.1 a reality. If you choose to invest there, keep a close eye on your investment.

[najak]

Sweat price predictions
this is not financial advice!!! Something about Sweat Sweat coin is a cryptocurrency with big potential because it has a good idea promoting walking and rewards you with crypto cold SWEAT. It was founded in 2016 by Oleg Fomenko and Anton Derlyatka as a Web 2 app but in 2022 they launched the Web 3 sweat wallet, the US launch was in September 2023.

Things that can make SWEAT boom in the next bull run

Burning sweat has a big potential for burning coins because it has an enormous supply and the burning system has shown big results till now. They burn coins in every transaction; there were 2B coins confiscated from inactive users, and 1.6b are being burned in 8 moughts. There are a lot of prize draws that take some sweat to participate. The biggest sweat burn will be the sweat game cold “hero”(I will tell you about it later) for more info https://trioanime.com/sweat-coin-price-prediction/

[nelson4lov]

Burning sweat has a big potential for burning coins because it has an enormous supply and the burning system has shown big results till now. They burn coins in every transaction; there were 2B coins confiscated from inactive users, and 1.6b are being burned in 8 moughts. There are a lot of prize draws that take some sweat to participate. The biggest sweat burn will be the sweat game cold “hero”(I will tell you about it later) for more info https://trioanime.com/sweat-coin-price-prediction/

The fact that SWEAT tokens were/can be confiscated from users is a big red flag especially SWEAT is a project that prides itself of being decentralized and bring a part of NEAR's decentralized network. If it's truly decentralized, the team should not be able to confiscate user's asset for whatever reason - active or not. Also, the concept of burning tokens and deflationary tokens is much more scamming in hindsight. For a token that is inherently inflatable, burning x number of tokens doesn't suffice anymore.

I'm not saying it's a crappy project, I was anticipating the launch last year as well especially since StepN was all the rage but I'm not sure the market is big on these specific type of projects anymore though.