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SwiftCash

SWIFT

Price
$0.000024
8/11/2022, 7:58:25 AM
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Market

Market stats

Market cap

$5,161.64

Volume (24h)

-

Circulating supply

211.2M SWIFT

All time high

$0.01

Price change (1h)

-0.55%

Price change (24h)

+6.38%

Price change (7d)

+6.31%

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SwiftCash is on the rise this week.

The price of SwiftCash has risen by 6.31% in the past 7 days. The price increased by 6.38% in the last 24 hours. In just the past hour, the price shrunk by 0.55%. The current price is $0.000024 per SWIFT. SwiftCash is 99.76% below the all time high of $0.01.

The current circulating supply is 211,246,835.198 SWIFT.

About

What Is SwiftCash (SWIFT)?

SwiftCash is a peer-to-peer cryptocurrency with a decentralized governance system based on masternodes, allowing for fast payments. Masternodes are an essential component of many cryptocurrencies. They serve as trust anchors, verifying transactions and delivering assistance. SwiftCash allows its users to participate in and win cheat-proof lotteries that run entirely on the blockchain. Lottery tickets are available for as little as 0.01 SWIFT, with 15 percent of the proceeds going to the network's miners and masternodes.

Swiftcash's long-term deposits known as HODL deposits are comparable to term deposits in traditional banking systems, and they can mine up to 80 percent of the maximum block rewards. Unlike conventional term deposits, HODL deposits are not loaned to any centralized authority or individual rather locked in the blockchain and rendered unspendable for one to twelve months.

According to its whitepaper, SwiftCash employs the Proof-of-stake algorithm. The Proof-of-Stake algorithm addresses the issue of Bitcoin's and other Proof-of-Work cryptocurrencies' rapid increase in energy consumption. Due to the apparent electricity consumed by the mining hardware, Proof-of-Work mining is unsustainable and doubles the spend by gaining 51 percent of the network's hash power. SwitchCash makes use of the green protocol, an energy-efficient Proof-of-Stake method that can be mined on any computer without the need for mining equipment. The green protocol presents a straightforward solution to the sustainability challenges that Bitcoin and other Proof-of-Work cryptocurrencies provide and a faster, more flexible blockchain.

History of Swiftcash (SWIFT)

The maximum supply of the SWIFT token stands at 5,000,000,000. 

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