Crypto analyst The Crypto Dog, who has 747,200 followers on Twitter, talked about an altcoin project. Crypto Dog said that he expects more rallies in the altcoin, which has gained over 850% in the last period. He also informed his followers that he will make purchases in this cryptocurrency.
“I will buy from this altcoin project”
Crpyto Dog shared a twitter post and made statements that surprised his 747,200 followers. Accordingly, it has announced its buying plans for an altcoin that has gained 850% in the past week. According to the post, Crypto Dog told his followers that he will be buying more Sweat Economy (SWEAT). The crypto analyst also shared his price predictions for SWEAT. Accordingly, the analyst is on the rise for the popular move to earn coin.
Crypto Dog underlines that SWEAT is trading above a significant resistance area of $0.55. He also states that for this reason, the altcoin may be in an uptrend. The crypto analyst, who is extremely optimistic about this bullish trend, is waiting for a new ATH. Accordingly, SWEAT is extremely close to reaching an all-time high.
SWEAT gained 850% in 5 days
Sweat Economy (SWEAT) is a move to earn game where you earn tokens by walking. Move to earn games have become one of the new stars of the blockchain field, especially with STEPN. Accordingly, users can earn new SWEAT tokens just by walking after downloading the Sweatcoin application. According to CoinMarketcap, the altcoin is changing hands at $0.0482 at the time of writing. The cryptocurrency has dropped 17.46% in the last 24 hours.
On the long-term chart, SWEAT is doing exceptionally well, as well as the token’s depreciation in the last 24 hours. This relatively new altcoin has gained 850% in just five days. The data shows SWEAT approaching $1 on September 13, 2022 after a sudden rally. In the current bear market, Bitcoin and altcoins are falling, while SWEAT is making remarkable price gains. Therefore, it necessitates further research on it.
What is Sweat Economy (SWEAT)?
As Cryptokoin.com reported, the Sweatcoin team set out to make the world more physically active. Accordingly, it is possible to print tokens by walking through the application. However, printing tokens will become much more difficult over time. So users will have to walk more in the future to produce new altcoins. As the token is pressed harder, its value and utility will naturally increase. According to Sweat Economy’s Whitepaper, this model “represents an ever-increasing marginal cost of production.”
The team underlines that users do not improve their physical exercises by an average of 20%. Currently, SWEAT is collaborating with the National Health Service to reduce the workload on global health systems. In addition, the team explained that the privacy of user data is important and they do not sell the data. Privacy violation of user data is among the biggest problems of today’s Web world. Currently, the SWEAT app is #1 in many app stores and currently has over 110 million users.
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