The SWITCH Token, which debuted on Uniswap in February saw a flurry of activity last week and on May 3rd was a Top Gainer on Uniswap, even among a crazy trading week where $PEPE, a memecoin dedicated to the popular frog meme, dominated crypto conversations.
Screenshot of Uniswap from May 3, 2023.
$SWITCH was also recently listed on CoinGecko and CoinMarketCap and per Historical Data on CoinMarketCap saw an average trading volume of $127,000 over the last 30 days and a 30 day Moving Average of $0.0077. Over the last 30 days, $SWITCH saw an over 30% growth in # of wallet holders and currently has over 1,680 holders.
The SWITCH Token is minted on and by the Switch Blockchain as a digital reward for node owners who own and host node licenses that power the blockchain.
The SWITCH Token is an ERC-20 Token that has been bridged over to the Ethereum Network from the Native Switch Blockchain. According to its Litepaper, SWITCH will have a Max Supply of 50 Billion Tokens and will add future reward-earning action items.
For more information about Switch Reward Card (the company), Switch Nodes and the rest of their blockchain-based financial ecosystem including the Switch Trading Platform and the Switch Card product, please visit www.switchrewardcard.com.