Bear Market Altcoin Gem (50X Potential)
Altcoin Gem Trustswap ($SWAP) is a crypto infrastructure project with significant and growing real yield.
Trustswap is not your ordinary speculative Altcoin. Instead, Trustswap can be viewed more as an infrastructure project with both a retail and B2B service revenue model with a phenomenal risk/reward. The key takeaway is that Trustswap operates a real crypto business with solid revenue that that generates cash flow which is rewarded back to token holders. The business has continued to grow throughout the bear market, continues to pay a solid ~ 15% yield on long term staking, and gives access to some serious launchpad projects when the bull market does resume. Importantly, it has a large conservatively-managed treasury that all but eliminates the Altcoin zombie contagion that sees the majority of altcoins die-off during the bear market doldrums. On top of all this, it will soon be releasing trading and swaps on it’s fully owned TheCryptoApp which has over 4M downloads. This alone is worth multiples of the current marketcap, and should be of interest to any investor looking for real sustainable yield WITH 50x potential.
SNAPSHOT:
- Token: $SWAP
- Total Circulating Supply 78M / 100M
- Market Cap: $17M
- Non inflationary token
- Current Price $0.21, ATH $5.00(25x)
UTILITY:
- Premium launchpad access
- Real Yield Generation from Long Term Staking (LTS) of $SWAP
- TheCryptoApp access tiers (Swaps, earn, etc) … coming soon.
SUMMARY:
To keep it simple, the $SWAP token gains value from the revenue generated by Trustswap both it the retail and B2B services, as well as providing Launchpad access and premium tiered access to TheCryptoApp.
100% of revenue is used to buyback SWAP on the open market, 20% of which is returned to the long term staking pools. What many are not aware of is that Trustswap had previoulsy paused buybacks to build a reserve and has gathered 4+ months of buyback revenue to purchase SWAP on the open market. This number is probably now in excess of 35% of the SWAP market cap, and once deployed will move the SWAP price substantially. It also provides a floor, as we have seen over the last few months, in the low 20 cent range. Despite the buyback pause, Trustswap has also managed to keep the LTS APY at around 15%.
REVENUE:
- Current revenue is derived mainly from token locks, liquidity locks, staking & vesting as a service and related ancillary services. They are the market leaders in this area, and have significant room for price increases to grow that revenue. TVL during the bull market reached over $6B (yes, Billion)
- They also operate a B2B white label NFT marketplace called Swappable, which currently generates a negligeable revenue but has potential down the road with some fairly large partnerships.
- Launchpad fees and treasury token allocations
- TheCryptoApp ad revenue
- TheCryptoApp trading & earn functions (coming soon)
INVESTMENT CONCLUSION:
The investment here is based on a few key elements, current and future. The project currently yields real sustainable revenue at 15% APY, with a strong leader in Jeff Kirdeikis, and a solid business model that has maintained it’s growth trajectory despite the bear market, and has enormous growth potential when the winds shift again in the bulls’ direction.
In my opinion, the real wildcard is TheCryptoApp, which Trustswap aquired during the last bull market and has an incredible 4M downloads. The rework of the app is nearing completion, and will enable trading on a reported 320 trading pairs generating huge demand for the SWAP token as a membership access, but at least as importantly will generate multiples of the current project revenue to be distributed back to the long term staking pool. Add to this the significantly reduced risk from a solid treasury, and the funds built-up and ready to deploy on buybacks, and the risk reward ratio here is unmatched in the small cap Altcoin forest.
Rumour is they are also doing an equity raise with some very big partners, which will enable some huge growth. Another overlooked factor is the old staking pool that had been previously discontinued … this staking pool holds approx 30% of the total SWAP supply, and has not moved in quite some time. How much of that SWAP is simply gone forever? My guess is the majority of it, which makes SWAP far more scarce than current numbers suggest, with a far lower true market cap.
When the next bull market does hit, SWAP is primed to far exceed it’s previous ATH, which itself is a 25X from current prices. Look for SWAP to be a lower risk high reward Altcoin Gem in the next 24 months.
Happy hunting, see you on the next one!
Sovereign Crypto
