What Happened: Joselito Lizarondo, the founder of the cryptocurrency card payment infrastructure platform Swipe, has burned all of his SXP founder tokens worth over $200 million . Lizarondo said that the token burn was the largest in SXP history as it effectively destroyed over 17% of the coin’s supply.
Read moreIs SXP Binance coin?
The Swipe Token (SXP) is available both as an ERC-20 token (on Ethereum) and as a BEP-2 token (on the Binance Chain) .
Read moreHow does swipe coin work?
Central to Swipe’s ecosystem is the ability for users to use the Swipe card to pay merchants. In this case, smart contracts on the network will automatically convert any cryptocurrency stored in the wallet to the needed cash payment accepted by the merchants at the point of purchase .
Read moreDoes SXP have a future?
Wallet Investor estimated the average price of SXP to reach $1.6 in 12 months’ time . Its five-year SXP/USD projection suggested it could hit $3.04 in 2027. According to Digital Coin’s SXP prediction was the price could hit an average of $1.82 in 2022, $2 in 2023, $2.7 in 2025, and $6.3 in 2030.
Read moreIs SXP coin a good investment?
It seems that the project of SXP token is rapidly increasing and it will be beneficial for all the investors in the future. The SXP token is safe to invest and Swipe Dex is a legit project which is getting popular every day.
Read moreHow many SXP coins are there?
According to the software’s rules, the supply of SXP tokens is limited, meaning that there will only ever be a maximum of 300 million tokens .
Read moreWho owns SXP coin?
Binance Takes Over Swipe (SXP) On Thursday, Binance announced that it is to acquire the remaining outstanding shares of Swipe. At the time of writing, Swipe’s Visa card allows users to spend crypto at over 70 million locations worldwide.
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