$SXP (Swipe Token) is a cryptocurrency that is part of the Swipe ecosystem.
Key features of SXP include:
1. Usage: SXP is used to pay fees, staking, and receive discounts on the Swipe platform.
2. Currency: SXP can be stored in any wallet that supports ERC-20 or BEP-20 tokens.
3. Visa cards: SXP allows users to obtain Visa cards that can be used to pay for goods and services.
4. Outlook: The price of SXP is forecast to increase to $0.45 in 2024 and to $2.47 in 2030.
Pitfalls:
1. High volatility: Cryptocurrencies can fluctuate significantly in price.
2. Security: There is a risk of hacker attacks on the exchanges where your SXP may be stored.
3. Blockchain changes: Swipe plans to move to its own blockchain, which may affect SXP support on some exchanges.