Since meme coins such as Dogecoin (DOGE) and Shiba Inu (SHIB) experienced tremendous success in 2021, the meme market is gaining track and developing differently. Initially, meme coins and tokens were developed merely for fun, but after growing to enormous capitalization, many crypto developers have been launching further developments. SwinCoin aims at offering an exciting and fresh perspective regarding meme cryptocurrencies. It is evident that the biggest meme currencies presently have not attained notable success other than extraordinary capitalization. However, SwinCoin wants to prove that meme coins can grow into a strong crypto and still be funny. The meme token is propelled and backed by a powerful community, which made the project popular in the first place.
A Bit About SwinCoin
This project was inspired by the idea that the fundamental building block for any digital coin is creating a powerful community foundation and objectives. SWIN is a community-backed project whose main objective is to offer an ecosystem for users to learn about and interact with DeFi and crypto at their own pace.
SwinToshi or SwinCoin is the dirty meme token on BSC.CryptoLists.com
SwinCoin is a BEP-20 meme token that is based on the Binance Smart Chain. The token is used to stake rewards which enables investors to trade their crypto as and when they see fit. It currently has a supply of 100,000,000 and a daily trading volume of $15,840.
Utility of SwinCoin?
SWIN can be used in four main applications – NFTs, DeFi, Dex, and Play to Earn DApps. it allows its users to use a portion of their tokens to stake rewards which enable traders to sell them or do as they wish with them. The balance is reserved for the meme coin platform itself. When launched, the reserve can be used in ad payments, rewards systems, system utility, splitting revenue for content developers, and much more. Depending on how their staking system fares, it's possible for users to mint SwinCoin.
SwinCoin Price detailsBNB Contract address: 0xe061618f0d3df5cb05fbf91455018f2d64074c85
›› Details & Tokenomics
Advantages of SwinCoin+ SwinCoin seems to be backed by a fairly powerful community.
+ User-friendly and intuitive interface.
+ SWIN supports non-fungible tokens.
Disadvantages- It's still relatively new in the crypto space.
- There is immense competition in the meme coin industry.
Costs▪ Rated at 8/10
The costs for transfers are fairly low, since SwinCoin is on the BSC-20 chain or Binance Chain as most people know it. You can use Pancake Swap and trade SWIN against either BUSD or WBNB.
Reputation and Buzz▪ Reputation rated at 7/10
▪ Buzz rated at 8/10
With the ever-changing global political landscape and economic situation, cryptos that have no community-backing will have a hard time fighting for their survival. SWIN might attract risk taking investors, that are looking for new low-cost cryptos - mainly because the value of these cryptos could one day rise exponentially and make a reasonable profit. However, the risk is high and CryptoLists.com don't recommend to invest in this or any other coin without doing your due diligence first.
What is SWIN used for?
SWIN can be used in DeFi, Dex, and Play to Earn DApps as well as purchase and sell NFTs.
Where can you purchase SWIN?
You can buy, sell or trade SWIN coins at the Binance Exchange.