This article centers around a thorough assessment of SWFTC coin’s technical and fundamental attributes using data obtained from www.coinmarketcap.com . Our report aims to address vital inquiries regarding the projects associated with the cryptocurrency ; determining significant factors affecting its market value ; reviewing which are reliable exchanges for trading it ; identifying traded currency pairs ; exploring assorted key metrics that demonstrate critical aspects of performance such as highest low price values attained among other essential economic indicators. We will also provide regular weekly graphical or technical analyses aimed at assisting potential investors evaluate feasible investment risks areas while identifying prospective profits..
What is SwftCoin (SWFTC) Coin?
SwftCoin (SWFTC) is a cryptocurrency and the native coin of the SWFT Blockchain platform .
The SWFT Blockchain platform offers various services such as cross-chain swaps, crypto transfers, and payments. It enables users to transfer cryptocurrencies between different blockchain networks with ease using its proprietary “One-Click Cross-Chain Transfer” technology .
The SWFTC coin plays a vital role in this ecosystem by serving as a means of payment for transaction fees on the network, providing liquidity to trading pairs on exchanges where it is listed, and offering discounts on transaction fees when used for transactions within the SWFT Blockchain platform .
SWFTC can be traded on several popular cryptocurrency exchanges where it can be bought or sold against other cryptocurrencies or fiat currencies. The value of SWFTC may fluctuate based on market conditions such as supply and demand factors, adoption rate of the platform’s services among users, competition from other similar platforms or coins amongst others .
If you want to know more about the swftcoin (SWFTC) coin, you can visit its website.
https://www.swftblockchain.ai/
Projects:
SwftCoin (SWFTC) is the native cryptocurrency of SWFT Blockchain, a cross-chain wallet and payment network. The platform has several projects in development that aim to enhance its ecosystem and provide more value to its users. Some of these projects include:
- SWFT Pay: A decentralized payment system that enables merchants to accept payments in various cryptocurrencies.
- SWFT Red Packets: A feature that allows users to send digital red packets containing crypto assets as gifts or rewards.
- SWFT Staking: This project allows users who hold SWFTC coins on the platform to earn staking rewards for participating in the consensus process and securing the network.
- Cross-Chain Liquidity Protocol: An initiative aimed at creating a decentralized liquidity pool across multiple blockchain networks using smart contracts.
- Community Governance System: A new governance model being developed by SwftBlockchain where token holders can participate in decision-making processes concerning key aspects of the platform’s operation such as fee structures, coin listings, etc.
These projects are expected to add significant value to SwftCoin (SWFTC) and make it an attractive investment option for those interested in blockchain technology and cryptocurrency innovations while also improving user experience on their platform.
Factors affecting price:
Like any other cryptocurrency, the price of SwftCoin (SWFTC) is influenced by a variety of factors. Some of these factors include :
- Market demand : The supply and demand for SWFTC on various cryptocurrency exchanges can have an impact on its price. If there are more buyers than sellers, the price tends to increase, while if there are more sellers than buyers, the price may decrease .
2.Adoption rate: The adoption rate of SWFT Blockchain platform’s services among users can affect its coin’s value as it is used as a means of payment within the network.
- Competition from other cryptocurrencies: As new blockchain projects emerge with similar goals or features that compete with those offered by SwftBlockchain or SWFTC itself, their success could negatively impact the value proposition of SWFTC .
- Regulatory changes: Changes in regulations governing cryptocurrencies in different jurisdictions can also influence investor sentiments towards them and hence their prices .
- Technological advancements and innovations : Any technological innovation which improves upon existing blockchain technology such as smart contracts or scaling solutions can positively influence user adoption rates leading to an increase in demand for SWFTC coins
- Market sentiment- General market sentiments about cryptocurrencies including news events such as exchange hacks , prominent investors endorsing cryptos amongst others ,can also affect their prices .
These are just some examples of many factors that could affect SwftCoin (SWFTC)’s value over time given how dynamic this industry has been recently .
Where can I buy SwftCoin (SWFTC)?
Exchange Pair Volume
SwftCoin (SWFTC) Baseline Assessment :
The market cap of the SwftCoin (SWFTC) coin is $ 13.539.772 and its circulating supply is 8.958.999.998 units. Its total supply is 10.000.000.000 units, with a fully diluted valuation of $ 15.113.039 .
What is the high price point for SwftCoin (SWFTC)?
SwftCoin (SWFTC) token highest price is $ 0.09186 recorded on Jan 10, 2018 . The current price is %-98.35 lower than the all-time high .
What is the low point of the price for SwftCoin (SWFTC)?
SwftCoin (SWFTC) token’s lowest price was $ 0.0004686 on Mar 13 , 2020 .
SwftCoin (SWFTC) Technical Outlook:
After a decline from $0.008198 to $0.000672 on April 12, 2021April 12, 2021, it continues to move volatilely between the $ 0.000672 and $ 0.003153 bands . The coin, which has taken its share from the lack of volume in the market in recent weeks, has tried to break both the Fibo 0.5 level and the falling channel line, but it has not succeeded. Voluminous candle closings above $0.002347-$0.003153 will increase the appetite of the bulls. As long as it stays below this level, a pullback to the support zone of $0.000672 is expected. Fibo levels will appear as resistance in possible rises. These levels can be followed from the chart .
Investment information comments, and recommendations contained herein are not within the scope of investment consultancy . The content, comments, and recommendations herein are not guiding but general . These recommendations may not suit your financial situation and risk and return preferences. Therefore making an investment decision based solely on the information herein may not yield results that meet your expectations .
