Swipe Profile

SXP
 Crypto
  

USD 0.24  0.01  4.00%   

Market Performance
0 of 100
Odds Of Distress
Less than 32
Swipe is trading at 0.24 as of the 9th of December 2022, a -4 percent decrease since the beginning of the trading day. Swipe has about a 32 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Cryptocurrency ratings for Swipe are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of November 2022 and ending today, the 9th of December 2022. Click here to learn more.
Swipe is peer-to-peer digital currency powered by the Blockchain technology. More on Swipe
Swipe is an online market maker for peer-to-peer digital currency indicated as Cryptocurrency. Swipe has been active in the last 3 months, and it is presently trading with a bearish sentiment. Cryptocurrencies such as Swipe are digital assets that allow for secure payments and are represented by ledger entries internal to the system, generally referred to as a blockchain. Blockchain implementations use encryption algorithms and cryptographic techniques that safeguard entries in the ledger. Cryptocurrency assets such as Swipe are becoming very popular among investors and have been praised for their portability, inflation resistance, and transparency. However, they face a lot of criticism, including lack of tax regulations, exchange rate volatility, and infrastructure vulnerabilities.

Swipe Crypto Coin Highlights

Most cryptocurrency investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend or investor sentiment. Swipe's investment highlights are automatically generated signals that are significant enough to complement your investing judgment regarding Swipe or challenge it. These highlights can help you better understand the crypto position you are entering and avoid costly mistakes.
Swipe generated a negative expected return over the last 90 days
Swipe has high historical volatility and very poor performance
Swipe has some characteristics of a very speculative cryptocurrency
Swipe is one of many evolving digital currencies in which encryption is used to regulate the generation of units of currency and verify the transactions independently of a central authority. It is traded on 13 exchanges in multiple currencies. Swipe aims to create a platform that will be accessible to users worldwide via an Apple or Android device which enables them to buy, sell, or pay with cryptocurrencies at millions of locations. The plan to execute this vision starts with creating a highly-secure bank-grade digital Wallet infrastructure that will host multiple blockchain systems tied to a traditional debit card. With these two products, users will be able to buy or sell cryptocurrencies to traditional fiat and they may link it to their traditional bank accounts while having the ability to store these cryptocurrencies on the Wallet to spend it via the debit card at millions of locations worldwide. The ecosystem powering the product line will be fueled by its native cryptocurrency Swipe Token (SXP), which will be used as gas throughout the whole platform as gas. For every interaction on the network, it will require SXP to perform the transaction similar to gas on Ethereum.Additionally, Swipe issues debit card services to their users including the Swipe Standard Visa Card and Swipe Premium Visa Card.
Coin TypeSwipe
SymbolSXP
RatingC-
Market Performance RatingD-
NameSXP
Sponsoredfalse
Built OnETH
White PaperView
Is Tradingtrue
Asset Launch Date2019-08-16
Full NameSwipe (SXP)
Asset Website Urlhttps://www.swipe.io/
Block Number2.76 Million
Platform Typeblockchain
Coin NameSwipe
Total Coins Mined547.59 Million
Smart Contract AddressView
Swipe (SXP) is traded on CRYPTO Exchanges. Swipe is peer-to-peer digital currency powered by the Blockchain technology.

Swipe's Exchanges and Markets

Bitstamp Poloniex BitMart Binance Bithumb LBank HitBTC DDEX IDEX Kucoin Coinone Bibox CoinEx

Swipe Target Price Odds Analysis

What are Swipe's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Swipe jumping above the current price in 90 days from now is about 87.98%. The Swipe probability density function shows the probability of Swipe crypto coin to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Swipe has a beta of -0.4098. This usually implies as returns on benchmark increase, returns on holding Swipe are expected to decrease at a much lower rate. During the bear market, however, Swipe is likely to outperform the market. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Swipe is significantly underperforming NYSE Composite.
  Odds Below 0.24HorizonTargetOdds Above 0.24
11.97%90 days
 0.24 
87.98%
Based on a normal probability distribution, the odds of Swipe to move above the current price in 90 days from now is about 87.98 (This Swipe probability density function shows the probability of Swipe Crypto Coin to fall within a particular range of prices over 90 days) .

Swipe Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Swipe market risk premium is the additional return an investor will receive from holding Swipe long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Swipe. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Swipe's alpha and beta are two of the key measurements used to evaluate Swipe's performance over the market, the standard measures of volatility play an important role as well.

Swipe Technical Analysis

When it comes to investing in cryptocurrency, such as Swipe, the assumption holds that everything in the market that could affect the price of crypto is already reflected. Therefore, the price of Swipe, which is currently traded at 0.24, shows everything you need to know about Swipe market value. You don't have to consider the fundamental factors that affect a crypto asset, such as Swipe, to determine its price movements. However, the Swipe's price action will always exhibit trends, even in random market movements, regardless of the timeframe you use - so Swipe's future price movement is more likely to follow an established trend and the cryptocurrency technical analysis is one of the ways to project Swipe's future price trend
Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Swipe Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe Swipe price patterns.
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Swipe Against Markets

Picking the right benchmark for Swipe crypto coin is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Swipe crypto coin price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Swipe is critical whether you are bullish or bearish towards Swipe at a given time.

Be your own crypto manager

Our tools can tell you how much better you can do entering a position in Swipe without increasing your portfolio risk or giving up the expected return. As an individual cryptocurrency investor, you need to find a reliable way to track the performance of all your tokens in a consistent way. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall cryptocurrency portfolio.

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How to invest in Swipe

You need to understand the risk of getting into digital currencies such as SXP before investing. The dangers of trading cryptocurrencies are mainly related to their volatility. They are high-risk, speculative, susceptible to errors and hacking, mostly unregulated, and can be affected by forks or other discontinuation events. As an investor, you must understand these perils before you start trading. You can get a long position in Swipe in four ways:

Buy SXP through an exchange

Get yourself a crypto wallet before embarking on your Swipe journey. Crypto wallets exist as desktop applications, mobile apps, or websites, allowing you to secure your tokens or digital coins. Your crypto wallet stores the private keys to your tokens on the blockchain. Once you have a wallet, visit a reputable exchange and sign up for an account. You will need to complete the KYC process to be allowed to purchase Swipe. But before you can buy the tokens, you have to provide a photo of your ID and proof of address, as well as a selfie. The platform will also require you to secure your account with 2FA before you can fund your account and buy the digital coins.

Purchase fractions of Swipe through an exchange

You don't have to buy a full token when starting out since SXP is divisible by several decimal places. This allows you to purchase tiny fractions worth cents, but because of network fees, most platforms have a minimum figure, such as $10. You can then build your portfolio with time as you gain more confidence and learn the ropes of crypto trading.

Trade Swipe through a broker

If you don't want to store your Swipe Crypto Coin yourself for one reason or another, you can still trade through a broker. Brokers hold your tokens and trade frequently to generate profits. In addition, many brokerage platforms offer derivative products, such as contracts for difference, that enable you to speculate on price movements. Such products also allow brokers to accommodate leverage trading, potentially multiplying your profits.

Invest in SXP through an exchange-traded fund (ETF)

You can also invest in SXP through an exchange-traded fund (ETF). This instrument helps track an asset or select assets. You can buy and sell them on stock exchanges, making them the best option for an average investor. Some ETFs may comprise several coins to spread risk across a portfolio. Such ETFs are created and controlled by picking a basket with several coins, while favoring those that have performed well in the recent past.

Investing Ideas

In addition to having Swipe in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Thematic Ideas
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Additionally, take a look at World Market Map. You can also try Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

Other Tools for Swipe Crypto Coin

When running Swipe price analysis, check to measure Swipe's coin volatility and technical momentum indicators. We have many different tools that can be utilized to determine how healthy Swipe is operating at the current time. Most of Swipe's value examination focuses on studying past and present price actions to predict the probability of Swipe's future price movements. You can analyze the coin against its peers and the financial market as a whole to determine factors that move Swipe's coin price. Additionally, you may evaluate how adding Swipe to your portfolios can decrease your overall portfolio volatility.
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