$0.028
5.22%
$0.026
24h Range
$0.029
Market Cap
$51,337,176.0
Fully Diluted Valuation
$281,667,300.0
24 Hour Trading Vol
$15,728,089.0
Circulating Supply
1,821,766,222.0
Total Supply
10,000,000,000.0
Max Supply
10,000,000,000.0
Swell Network Price
$0.028
24h Range
$0.026 - $0.029
Percent Change 1h
-0.19%
Percent Change 24h
5.22%
Percent Change 7d
0.17%
All-time high
$0.070
All-time low
$0.024
1D
7D
1M
1Y
Swell Network (SWELL) is a decentralized finance (DeFi) platform designed to facilitate staking and liquidity provision for various cryptocurrencies. Launched in 2023, Swell Network aims to simplify the staking process, allowing users to earn rewards by delegating their assets to validators without the complexities often associated with traditional staking mechanisms. The platform leverages smart contracts to enhance security and transparency, ensuring that users can easily track their staking rewards and manage their assets efficiently. As of early 2024, SWELL has gained traction in the DeFi space, boasting a market cap of approximately $150 million and supporting multiple blockchain networks.
The Swell Network was co-founded by a team of experienced blockchain developers and finance professionals. The key figures include:
The team is complemented by a group of advisors from both the tech and finance sectors, ensuring a well-rounded approach to the project's development and growth.
Swell Network operates on a proof-of-stake (PoS) consensus mechanism, allowing users to stake their cryptocurrencies directly on the platform. Here’s a breakdown of how it works:
Additionally, Swell Network incorporates a governance model that allows SWELL token holders to participate in decision-making processes related to platform upgrades and changes.
Swell Network provides various use cases that cater to different aspects of the DeFi ecosystem, including:
Ensuring the safety of your assets on Swell Network involves several best practices:
Implementing these safety measures can significantly reduce the risk of losing assets while participating in the Swell Network ecosystem.
Investing in Swell Network (SWELL) or any other cryptocurrency involves several steps:
1. Choose a Reliable Exchange: Select a reputable cryptocurrency exchange platform like Coinbase, Binance, or Okx. These platforms allow you to buy, sell, and trade cryptocurrencies.
2. Create an Account: Sign up for an account on your chosen exchange by providing the necessary personal information and completing the verification process.
3. Fund Your Account: Deposit funds into your exchange account using various methods like bank transfers, credit/debit cards, or wire transfers.
4. Buy Swell Network: Once your account is funded, you can purchase Swell Network directly from the exchange. Choose the desired amount and complete the transaction.
Botsfolio is a platform that automates cryptocurrency investments using trading bots. To invest in Swell Network using Botsfolio, follow these steps:
Botsfolio allows you to automate your cryptocurrency investments, potentially saving time and effort while optimizing your trading strategies.
Swell Network (SWELL) is currently trading at $0.028 and exhibits good potential for future growth. Check the latest Swell Network (SWELL) price prediction.
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