SWITCH Token Sees Surge in Popularity Following Its Recent Listing on CoinMarketCap

SWITCH Token Sees Surge in Popularity Following Its Recent Listing on CoinMarketCap

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Since its February 23rd launch on the decentralized exchange Uniswap and subsequent April 7th listing on CoinMarketCap, the SWITCH Token has been very active.

SWITCH made its Uniswap debut in February at $0.0035; it has since reached highs of $0.015 and is currently trading at about a penny with a daily average trading volume of more than $200,000.

A well-known Ethereum blockchain-based decentralized cryptocurrency exchange is called Uniswap. A peer-to-peer exchange called Uniswap employs smart contracts to make trading possible. The world’s most popular cryptocurrency price tracking website, CoinMarketCap, offers prices, charts, and data on listed currencies.

On websites like Twitter, Discord, and Reddit, the Switch Blockchain community keeps expanding. The Etherscan block explorer confirms that the SWITCH ERC-20 token was stored in more than 1300 different wallets as of this writing.

The Switch Blockchain generates the SWITCH Token as a digital incentive for node owners that own and host node licenses that run the blockchain, unlike some tokens that are produced through ICOs or Initial Coin Offerings. The Charter that node owners voted for and approved governs the Switch Blockchain. The Native Switch Blockchain has been bridged to the Ethereum Network, converting the SWITCH Token into an ERC-20 token. SWITCH will have a maximum supply of 50 billion tokens, according to its Litepaper.

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Visit www.switchrewardcard.com to learn more about Switch Reward Card (the firm), Switch Nodes, and the rest of their blockchain-based financial ecosystem, which includes the Switch Trading Platform and the Switch Card product.

Source: https://zycrypto.com/switch-token-sees-surge-in-popularity-following-its-recent-listing-on-coinmarketcap/