SwitcheoSWTH
$0.0261
Market/Exchange
SWTH Price Prediction and Price Movement
SWTH is up 67.39 percent over the last three months, while its market capitalization is still considered relatively small, which implies that the price of SWTH can be very volatile comparing to those with larger market cap during big market moves. However, with a stead growth over the past three months, SWTH has the potential to grow further and may yield some very decent gains. Again traders should remain cautious at all time.
Please note that this analysis is purely base on SWTH's historic price actions and is by no means financial advice. Traders should always do their own research and be extra careful while investing in cryptocurrencies.
Switcheo Price Chart
About Switcheo
Carbon (SWTH) is the native cryptocurrency and governance token of Carbon, a layer 2 trading protocol powering cross-chain financial markets and infrastructures.
As a custom-built sidechain, Carbon adopts the delegated Proof-of-stake (dPOS) consensus mechanism built into Tendermint Core, and is secured by staking SWTH with a decentralized network of validators. In return for their bond, stakers earn rewards from network and trading fees.
The protocol is highly composable, versatile and secure, making it easy for developers to implement and scale any kind of decentralized application while breaking blockchain barriers. Carbon is interconnected with a growing number of Layer 1 chains including Ethereum, BSC, Neo and Zilliqa. Carbon acts as the core of the multi-chain world while laying the foundation for the future of decentralized financial economies.