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How about a protocol offering both a digital wallet ecosystem and software functionalities?
Sounds Interesting? There’s much more!
Along with the above, you are getting free Netflix and Spotify accounts too.
We are sure it excites you much more!
The protocol that provides the above-mentioned mind-boggling advantages is called Swipe Protocol. Swipe isn't merely a protocol supported by a distributed network like other cryptocurrencies.
Swipe, on the other hand, is both a software and a digital wallet ecosystem that allows users to buy and spend fiat money and crypto-assets at both real and digital venues.
Swipe wallets, which are the product of a for-profit company, can be linked to Visa debit cards and a smartphone app to provide a similar experience to standard mobile wallets. This offers exclusive benefits for cardholders, such as up to 8% payback in Bitcoin and a free Spotify subscription.
Users that stake a minimum of 30,000 SXP coin can be upgraded to a special debit card that offers 8% payback in Bitcoin as well as free Spotify and Netflix accounts.
Swipe claims it's working on new features like credit cards, a savings account, and merchant payment processing. You may bookmark the Swipe blog for more regular updates from the Swipe team.
Continue reading to find out more about Swipe crypto and Swipe price prediction 2021 and for the upcoming years.
What Is the Swipe Protocol?
Swipe is a Card Issuing Application Programming Interface (API) backed by SXP tokens, allowing commercial partners to create crypto-linked debit cards. Joselito Lizarondo founded the Swipe cryptocurrency.
Swipe creates seamless payment card experiences for its consumers by connecting the world's major payment networks to its top digital asset exchanges. The Ethereum blockchain is used by the Swipe network to keep crypto deposits on behalf of consumers and to provide them with numerous perks.
The platform, however, also has an off-chain API that provides for interaction with traditional payment infrastructure, allowing for functionality such as merchant payments. The Swipe wallet is available to anyone who wants to use Swipe's functionality.
Users can deposit fiat currency and purchase any of Swipe's 30+ cryptocurrencies immediately using the digital wallet app. The wallet can also be used to store crypto assets and convert them from one coin to another.
Let’s see SXP price prediction for the upcoming years.
Price Analysis of the Swipe token
Flashback: Fundamental Analysis of SXP
The Ethereum network hosts the Swipe token. The total quantity of SXP is 239,612,084.00 SXP, with a circulating supply of 187,368,788.61 SXP.
According to Coinmarketcap, SXP entered the crypto space on August 27, 2019, with a price of $0.24. Swipe coin reached a high of $1.07 in December 2019, bringing the year to a close. The token continued to trade around $1.32 at the start of January 2020, following a gradual comeback.
Furthermore, due to the tremendous supply pressure, the price began to continuously plummet, and the token fluctuated in the $0.74 to $1.72 range until early November 2020.
Due to the growth of Bitcoin's price surge, the cryptocurrency returned to $1.16 at the end of November 2020. However, the coin was unable to maintain its speed, and by the end of December 2020, the price had plunged to $0.65.
The sections below outline the SXP coin price prediction for the next five years.
Swipe Price Prediction 2021
SXP was still trading at $0.74 at the start of January 2021. Since then, the price has maintained its positive trend, rising beyond $3 and eventually surpassing $5 in mid-April before plummeting.
The coin is expected to climb as a result of certain inbound developments. With an increase in the user base, it may trade between $3.5 and $6.5 for several months. Swipe could fall to about $1.5 per share if the bears drag the prices for a long time. By the end of 2021, SXP might be worth between $5 and $8.
Swipe Price Prediction 2022
SXP may begin the annual 2022 at a price of $7.5. If the currency captures the attention of the public and investors and focuses on improving its platform, it has the potential to reach new heights.
If it does not focus on developments and fails to attract the market, it could fall below $5.5. Swipe might trade between $12 and $15 by the end of 2022.
Swipe Price Prediction 2023
The SXP coin will be worth $9.02 by the end of May 2023. The value of the SXP currency will decline to $12.79 in October 2023, allowing investors to purchase the token.
The SXP coin, on the other hand, will rise to $13.54 in December 2023.
Swipe Price Prediction 2024
The price of the SXP cryptocurrency will hit $13.7 in early January 2024, before climbing to $20.6 in September 2024. Furthermore, the SXP coin will be worth at least $21.11 by December 2024.
Swipe Price Prediction 2025
In March 2025, the SXP coin is anticipated to be worth $24.57, and in May 2025, $25.06. In December 2025, holders of SXP coins will get $30.40.
Swipe Price Prediction: Market Sentiment
Swipe price prediction by well-known media portals is explained in the following section.
Wallet Investor
Swipe is expected to rise from $4.76 to $6.755 in the coming year, reaching $12.5 by 2025, according to Wallet Investor.
Digital Coin Price
The price of the Swipe coin is expected to trade at $7.15 by the end of 2025, according to Digital Coin Price.
Coin Arbitrage
Swipe's price might reach $1.857 by the end of 2021, according to Coin Arbitrage. Swipe might reach a high of $13.2903 and a low of $1.14771 in the next three years.
Gov Capital
The SXP coin, according to Gov Capital, will cost around $2.25 in October 2021. Furthermore, by the end of November, the Swipe cryptocurrency is predicted to cost $2.52 per SXP, and $2.56 by the end of December 2021.
After a year, the price of Swipe protocol might hit $6.9, before rising to $13.54 in December 2023. The Swipe coin will reach $21.11 in December 2024, then climb to $30.4 by the end of December 2025.
Our Swipe (SXP) Price Prediction
Swipe's ecosystem revolves around the ability for users to pay merchants with their Swipe card. In this case, the network's smart contracts will convert any cryptocurrency in the wallet to the required fiat payment accepted by merchants at the point of sale.
The wallet application allows users to manage their cards and stake the required amount of SXP to upgrade their cards at any time.
According to our 2021 SXP coin price prediction, if certain turbulences occur, SXP could plummet to as low as $4.5. SXP Price may trade at $11 by the end of 2021, with a potential price of $30 in the future.
The price of SXP coin will further increase due to collaborations and partnerships with known platforms and exchanges.
As always, we suggest you do your research before planning to invest in virtual assets!
Conclusion
Swipe Token is a utility-based cryptocurrency that was created to be the Swipe network's gas and fuel. It's a decentralized finance platform that allows SXP to power cryptocurrency financial products. Swipe offers its users a wide range of products and services.
Users may convert between fiat currencies, cryptocurrencies, and stablecoins using Swipe's multi-asset DeFi software.
Swipe's ecosystem revolves around the ability for users to pay businesses with their Swipe card. In this situation, the network's smart contracts will convert any cryptocurrency in the wallet to the required fiat payment accepted by merchants at the point of sale.
The wallet application allows users to manage their cards and stake the appropriate amount of SXP to upgrade their cards at any moment.
According to popular media portal price projections, the price of the Swipecoin would top $8 by the end of 2021, according to Swipe coin price prediction 2021. By the end of December 2025, the SXP coin might have increased in value to $29.39.
Cryptoknowmics encourages all readers to make logical investments based on their own research. This post is not intended to be considered as providing trading advice. Each investor should undertake considerable research and get aware of local constraints before committing to an investment.