Sweat Economy Price Prediction, will SWEAT’s price hit $0.016?
Sweat Economy’s price at the same time last week was $0.0071. It has moved by 4.48% in the past week and is currently at $0.0076. Infact, in the past 24 hours, SWEAT has dumped by -1.92%. There is a slight bearish sentiment in the crypto market. The long term sentiment, however, remains bullish and SWEAT could hit $0.014 in 2024.
The total circulating supply of Sweat Economy as of writing this article was $7850125636.42 and the marketcap of SWEAT remains at $59,927,939.
Disclaimer
For some coins with little to no data points and inexistent historical data the model by default will show a positive price prediction. There is no way for our AI bot to decipher whitepaper, tokenomics and team integrity. The coin's price that you are about to see below can fall drastically depending on many factors, so please invest wisely after checking the team and project's whitepaper. This current price prediction is done by a machine crunching numbers and the model is still in the early beta stages. It should strictly not be taken as an investment advice. Although the best engineers are currently tweaking and updating the algorithm, no human has verified the price predicted below, so please use your discretion and make a decision wisely.
About Sweat Economy
Sweatcoin (SWEAT): An overview
Source: Sweateconomy.com
With over 120 million users, Sweatcoin is a free fitness app for iOS and Android platforms that aims to make people exercise more and promote better living. Following a Move-to-Earn (M2E) model, the app rewards one’s daily steps via walking, running, or exercising with a new-generation currency that can be spent on valuable products, donated to charity, or converted into SWEAT. Having a rating of 4.6 on Apple App Store and 4.3 on Google Play Store, Sweatcoin has been No.1 in over 60 countries.
From high-tech shoes to iPhones, anti-gravity yoga classes, Apple watches, etc., users get to choose from thousands of fabulous branded goods and services in the dedicated marketplace. They can also donate to various environmental, humanitarian, and animal preservation causes.
It is only recently that Sweatcoin entered the crypto space via its own cryptocurrency, Sweat Economy, also known as SWEAT. Here are some important things to know about the token:
- SWEAT is built on the NEAR blockchain.
- It makes use of Movement Validators to confirm if people are taking the required number of steps in order to issue the crypto.
- For every 1,000 verified steps, 1 SWEAT is awarded.
- The token can be bought, sold, and traded on exchanges. It will be used to collect revenue from NFT sellers, buy NFTs, take out a subscription to Sweatcoin’s premium services, and collect advertising fees.
- This has its own crypto wallet known as SWEAT Wallet.
- Having an uncapped supply, SWEAT will be harder to mint with time since each SWEAT will require more steps to mint than the last.
Sweatcoin’s journey
Source: Sweateconomy.com
Sweatcoin was founded in 2015 by Anton Derlyatka, Oleg Fomenko, Egor Khmelev, and Henry Child, offering a concept ahead of its time. It was a platform that incentivized people to move. Moreover, the founders had a keen interest in how the crypto world and physical fitness could come together, which led to the creation of a new token.
Here’s a brief look at the token’s launch:
- Having been active in web2 for a while with over 120 million global users, Sweatcoin distributed over 4.7 billion of their new web3 SWEAT token to 13.5 million token holders after its recent launch in September 2022.
- Additionally, the Sweat Wallet was launched to be accessible to many Sweatcoin users who have never interacted with a blockchain. However, it is robust enough to handle token staking, NFT games, etc.
- More than 2 million users downloaded and installed the Sweat Wallet app within 72 hours of the Token Generation Event (TGE).
- Prior to the TGE, the Sweat Foundation and Sweatcoin announced about burning 4.76 billion of their own SWEAT allocation to bring additional value to users.
- This was later followed up with a commitment to use 50% of their profits to buy SWEAT from the secondary market to buy and burn or to be distributed as staking yield. A promise was made to publish evidence of the buying activity to ensure community transparency.
Other key developments: Roadmap
Source: Sweateconomy.com
Despite being only a couple of months old, there’s a lot in store for SWEAT. Here’s a roadmap with four Tokenomics phases for the token to excel in the years to come:
- Tokenomics phase one: staking and rewards
- Tokenomics phase two (Aug-Dec 2022): Dynamic NFTs, Learn to Earn, and Fiat on-ramp (Update: delivered via Moonpay)
- Tokenomics phase three (2023-24): Crypto-crypto exchange, NFT marketplace, crypto marketplace curated offers, tiered transaction fees, referral fees, and Sweat DAO.
- Tokenomics phase four (2025 onwards): An open economy of movement, data analytics, and Movement Validators
SWEAT Price Analysis
As a fairly new crypto token, one that launched on 13 September 2022, SWEAT has mostly been on a downtrend. In fact, the major resistance and support levels have been at $0.19 and $0.13.
After being bearish for most of October, SWEAT saw a northbound move towards the beginning of November. However, the downtrend later continued, with the same underlined by the RSI going under the neutral 50 line and the MACD line going below the signal line.
Should you consider buying SWEAT?
Looking at the price chart, SWEAT might need to accumulate for a few more weeks/months. This, before it can really offer a buying opportunity. Until then, buying it would be quite risky for any trader or investor.
Sweat Economy Price Prediction
Sweat Economy has had an eventful 2021. To simplify the latest SWEAT price prediction, we have divided up the prediction by short term Sweat Economy price prediction and long term Sweat Economy price prediction. As of writing this article, SWEAT had a trading volume of $653,039. Sweat Economy has gone up by 13.49% in the past 30 days.
According to our analysis in the short term, Sweat Economy price prediction for November 2023 shows the average price of SWEAT at $0.013 and the highest possible price for November 2023 would be $0.014.
Further, according to our analysis in the long term, Sweat Economy price prediction for March 2024 shows the average price of SWEAT at $0.012 and the highest possible price for March 2024 would be $0.013.
Sweat Economy's Short Term Price Prediction
Date | Avg Price | Lowest Price | Highest Price |
24 Sep 2023 | $0.012 | $0.011 | $0.013 |
25 Sep 2023 | $0.012 | $0.011 | $0.013 |
26 Sep 2023 | $0.012 | $0.011 | $0.013 |
27 Sep 2023 | $0.012 | $0.011 | $0.013 |
2 Oct 2023 | $0.013 | $0.012 | $0.014 |
7 Oct 2023 | $0.013 | $0.012 | $0.014 |
17 Oct 2023 | $0.013 | $0.012 | $0.014 |
November 2023 | $0.013 | $0.012 | $0.014 |
December 2023 | $0.013 | $0.012 | $0.014 |
Sweat Economy price prediction 24 Sep 2023: Sweat Economy’s price for 24 Sep 2023 according to our analysis should range between $0.011 to $0.013 and the average price of SWEAT should be around $0.012.
Sweat Economy price prediction 25 Sep 2023: Sweat Economy’s price for 25 Sep 2023 according to our analysis should range between $0.011 to $0.013 and the average price of SWEAT should be around $0.012.
Sweat Economy price prediction 26 Sep 2023: Sweat Economy’s price for 26 Sep 2023 according to our analysis should range between $0.011 to $0.013 and the average price of SWEAT should be around $0.012.
Sweat Economy price prediction 27 Sep 2023: Sweat Economy’s price for 27 Sep 2023 according to our analysis should range between $0.011 to $0.013 and the average price of SWEAT should be around $0.012.
Sweat Economy price prediction 2 Oct 2023: Sweat Economy’s price for 2 Oct 2023 according to our analysis should range between $0.012 to $0.014 and the average price of SWEAT should be around $0.013.
Sweat Economy price prediction 7 Oct 2023: Sweat Economy’s price for 7 Oct 2023 according to our analysis should range between $0.012 to $0.014 and the average price of SWEAT should be around $0.013.
Sweat Economy price prediction 17 Oct 2023: Sweat Economy’s price for 17 Oct 2023 according to our analysis should range between $0.012 to $0.014 and the average price of SWEAT should be around $0.013.
Sweat Economy price prediction November 2023: Sweat Economy’s price for November 2023 according to our analysis should range between $0.012 to $0.014 and the average price of SWEAT should be around $0.013.
Sweat Economy price prediction December 2023: Sweat Economy’s price for December 2023 according to our analysis should range between $0.012 to $0.014 and the average price of SWEAT should be around $0.013.
Sweat Economy's Long Term Price Prediction
Sweat Economy’s long term Price Prediction below is a look at SWEAT’s future prospect with regards to price. Sweat Economy was last seen at $0.0076, with a market cap of $59,927,939 and trading volumes of $653,039. SWEAT’s price prediction is possible by analyzing historical price action, current developments and social sentiment from the community.
Years | Avg Price | Lowest Price | Highest Price |
2023 | $0.013 | $0.01 | $0.016 |
2024 | $0.011 | $0.0094 | $0.014 |
2025 | $0.015 | $0.012 | $0.019 |
2026 | $0.021 | $0.017 | $0.025 |
2027 | $0.028 | $0.022 | $0.034 |
2028 | $0.038 | $0.03 | $0.045 |
2029 | $0.051 | $0.041 | $0.061 |
2030 | $0.068 | $0.054 | $0.082 |
2031 | $0.092 | $0.073 | $0.11 |
2032 | $0.12 | $0.098 | $0.14 |
2033 | $0.16 | $0.13 | $0.19 |
2034 | $0.22 | $0.17 | $0.26 |
Sweat Economy price prediction 2023: Sweat Economy’s price for 2023 according to our analysis should range between $0.01 to $0.016 and the average price of SWEAT should be around $0.013.
Sweat Economy price prediction 2024: Sweat Economy’s price for 2024 according to our analysis should range between $0.0094 to $0.014 and the average price of SWEAT should be around $0.011.
Sweat Economy price prediction 2025: Sweat Economy’s price for 2025 according to our analysis should range between $0.012 to $0.019 and the average price of SWEAT should be around $0.015.
Sweat Economy price prediction 2026: Sweat Economy’s price for 2026 according to our analysis should range between $0.017 to $0.025 and the average price of SWEAT should be around $0.021.
Sweat Economy price prediction 2027: Sweat Economy’s price for 2027 according to our analysis should range between $0.022 to $0.034 and the average price of SWEAT should be around $0.028.
Sweat Economy price prediction 2028: Sweat Economy’s price for 2028 according to our analysis should range between $0.03 to $0.045 and the average price of SWEAT should be around $0.038.
Sweat Economy price prediction 2029: Sweat Economy’s price for 2029 according to our analysis should range between $0.041 to $0.061 and the average price of SWEAT should be around $0.051.
Sweat Economy price prediction 2030: Sweat Economy’s price for 2030 according to our analysis should range between $0.054 to $0.082 and the average price of SWEAT should be around $0.068.
Sweat Economy price prediction 2031: Sweat Economy’s price for 2031 according to our analysis should range between $0.073 to $0.11 and the average price of SWEAT should be around $0.092.
Sweat Economy price prediction 2032: Sweat Economy’s price for 2032 according to our analysis should range between $0.098 to $0.14 and the average price of SWEAT should be around $0.12.
Sweat Economy price prediction 2033: Sweat Economy’s price for 2033 according to our analysis should range between $0.13 to $0.19 and the average price of SWEAT should be around $0.16.
Sweat Economy price prediction 2034: Sweat Economy’s price for 2034 according to our analysis should range between $0.17 to $0.26 and the average price of SWEAT should be around $0.22.
A Historical look at Sweat Economy, SWEAT’s price:
SWEAT/USD Pair
SWEAT/EUR Pair
FAQs about Sweat Economy
Sweat Economy’s current price is $0.0076 and witnessed a -1.92% decrease in the past 24 hours. SWEAT/BTC pair saw a -1.82% decrease in the past 24 hours.
Investing in Sweat Economy, SWEAT will purely depend on your personal risk appetite. As you can see over the past 24 hours Sweat Economy’s price has witnessed a -1.92% decrease and over the past 30 days Sweat Economy has increased by 13.49%. So it all depends on if this investment will hit your trading goals.
According to our latest Sweat Economy Price prediction for 2023, SWEAT should vary between $0.016 and $0.01 Please keep in mind that the crypto market is very volatile and this Sweat Economy price prediction does not account for extreme wild swings in price.
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According to the Sweat Economy Price Prediction model above, SWEAT’s price in 2024 would be $0.011. This price would however would range from $0.014 and $0.0094.
According to the Sweat Economy Price Prediction model above, SWEAT’s price in 2025 would be $0.015. This price would however would range from $0.019 and $0.012.
According to the Sweat Economy Price Prediction model above, SWEAT’s price in 2026 would be $0.021. This price would however would range from $0.025 and $0.017.
According to the Sweat Economy Price Prediction model above, SWEAT’s price in 2027 would be $0.028. This price would however would range from $0.034 and $0.022.
According to the Sweat Economy Price Prediction model above, SWEAT’s price in 2028 would be $0.038. This price would however would range from $0.045 and $0.03.
According to the Sweat Economy Price Prediction model above, SWEAT’s price in 2029 would be $0.051. This price would however would range from $0.061 and $0.041.
According to the Sweat Economy Price Prediction model above, SWEAT’s price in 2030 would be $0.068. This price would however would range from $0.082 and $0.054.
According to the Sweat Economy Price Prediction model above, SWEAT’s price in 2031 would be $0.092. This price would however would range from $0.11 and $0.073.
According to the Sweat Economy Price Prediction model above, SWEAT’s price in 2032 would be $0.12. This price would however would range from $0.14 and $0.098.
According to the Sweat Economy Price Prediction model above, SWEAT’s price in 2033 would be $0.16. This price would however would range from $0.19 and $0.13.
According to the Sweat Economy Price Prediction model above, SWEAT’s price in 2034 would be $0.22. This price would however would range from $0.26 and $0.17.
The highest price for Sweat Economy was recorded in 14th September 2022 during which SWEAT hit an All Time High of $0.091
The price of 1 Sweat Economy according to current market rate is $0.0076