Swell Crypto Price Popped After Airdrop: Will it Climb to $1?
The Swell crypto price went parabolic, becoming one of the best-performing airdrops of the year. Data by Bybit shows that the $SWELL token rose to an intraday high of $0.048, up by over 391% from its lowest point on Thursday, November 8. This surge has brought its market cap to over $60 million, and its fully diluted valuation (FDV) to $466 million.
Why is the Swell crypto price soaring?
Swell is a leading player in the Decentralized Finance (DeFi) industry, where it offers a liquid staking platform for Ethereum.
Liquid staking is a unique approach that lets crypto investors generate more returns in the crypto sector.
It is a good alternative to traditional staking, where users delegate and…