What’s the true Sweatcoin price? How much does a Sweatcoin worth for real? Does Sweatcoin Value come close to the value of Dollar?
We’ve researched this topic a lot in the past few days to make sure we get everything right. There isn’t really a Sweatcoin price since it’s not an official currency as of yet. But, on multiple platforms such as Facebook, Instagram & Twitter people trade Sweatcoins. People usually argue about who has the most Sweatcoins but do they really have a significant value?
With the data we gathered, we saw that the Sweatcoin price is about $0.0035 as of now (10th June) but it fluctuates a lot. 18 months ago it was almost 5 cents, 11 months ago less than half a cent and it’s predicted to hit $0.005 by the next 3 months.
Unfortunately, the lack of updates has made the price drop to 0.003-0.004 as of 31st July, 2020. There are no signs of it going up again until the in-app cashout feature is re-enabled.
Why is the Sweatcoin price growing after the sudden drop? Is the Sweatcoin Value going up?
Because, almost a year ago Sweatcoin announced that they are working on making Sweatcoin an actual currency on exchange platforms. Although that gave Sweatcoin value a big boost and it rapidly increased the Sweatcoin price for a few weeks, it went back down. There have been no announcements on this topic ever since. But recent highlights, such as the constant updates and hiring Blockchain engineers made people believe that Sweatcoin might be ready to announce some good news. Which hopefully will bring the Sweatcoin Value and Sweatcoin price back to its glory.
Update of 31st July, 2020: As of today, the Sweatcoin Price is at 0.003-0.004$ per Sweatcoin and the Sweatcoin Value has dropped significantly for offers in-real-life for items, many users have stopped trading it on unofficial forums and social media pages. Unfortunately, the lack of updates doesn’t seem to bother the developers and the users are losing faith/trust in the app. We hope this will change, if it does we will keep you updated.
For that reason, people started buying a lot of coins in hopes of the Sweatcoin price and Sweatcoin value going up once the good news arrives. They are waiting for the moment they will ask “how much is one Sweatcoin worth” and they will get a positive answer. And as we all know, demand requires supply, and a constant demand helps the value go positively. It’s growing slowly but people around Sweatcoin are certain it will go up in the next 3 months.
Sweatcoin Price & Sweatcoin Value – Why we believe that they will grow soon
It’s fairly simple, we spend most of our time daily around the current Sweatcoin community. We see all the looking-to-sell and looking-to-buy threads daily and get the average idea of how much a Sweatcoin is worth or Sweatcoin values. We see that the Sweatcoin price is going up on a weekly basis. Depending on the demand, which also seems to be more lately.
Another reason that the Sweatcoin Price is growing rapidly is the income of new Sweatcoin Influencers that have millions of fans and they share the app with them in return for money, Sweatcoins & other prizes. Some of them are the upcoming Instagram celebrities Venkilou & Katysancheskii.
People in the community that really believe Sweatcoin Price and Sweatcoin value will skyrocket have already showed their support
There are already some people in the past week that started saving up to over 100k Sweatcoins, which is pretty unbelievable. One of those is the discord user called “cs218087″ who shared this screenshot of his Sweatcoin wallet. It’s pretty amazing that there are people with so much Sweatcoins on their app. These people don’t care about the question “How much is one Sweatcoin worth”, they care about the future price. If only they were able to claim those $1000 offers, like we used to be able to do. These people with over 100,000 Sweatcoins in their wallets would have at least $5,000. Considering the $1000 Marathon offer costs 20,000 Sweatcoins at the time.