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…

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