SWEAT Token Trades on Kraken, Value Drops 3.7% in Week

SWEAT, the cryptocurrency associated with the Sweat Economy, is now available for trading on Kraken, marking a significant milestone for the digital asset. This development opens up new opportunities for investors and enthusiasts to engage with the token, which is built on top of the Sweatcoin platform. The Sweatcoin platform, which has been operational since 2016, has reached over 110 million downloads. The SWEAT token introduces physical activity incentives onto the blockchain, allowing users to earn SWEAT by walking and use the token for staking, participating in NFT-based experiences, and accessing partner offers within a Web3 environment.

Trading of SWEAT on Kraken commenced on Wednesday, July 2, 2025. To add SWEAT to a Kraken account, users need to navigate to the Funding section, select the asset, and hit ‘Deposit’. It is crucial to deposit tokens into networks supported by Kraken, as deposits made using other networks will be lost. Trading via the Kraken App and Instant Buy will be available once liquidity conditions are met, ensuring a sufficient number of buyers and sellers have entered the market for their orders to be efficiently matched. Geographic restrictions may apply, and users are advised to check the availability in their region.

The live price of SWEAT is currently at $0.002235 USD, reflecting its market value in real-time. The conversion rate of SWEAT to Ether (ETH) stands at ETH0.069557, indicating that one SWEAT is equivalent to ETH0.069557. This conversion rate has seen fluctuations, with a 2.5% increase from an hour ago and a 0.5% increase since yesterday. However, the value of SWEAT today is 3.7% lower compared to its value seven days ago, highlighting the volatility inherent in the cryptocurrency market.

The market capitalization of SWEAT is ETH7,246.8089, which is a measure of the total market value of the cryptocurrency's circulating supply. The fully diluted valuation (FDV) of SWEAT is ETH20,048.1147, representing the theoretical market capitalization if the entirety of its supply were in circulation. The circulating supply of SWEAT is 7,595,632,772, while the total supply is 21,013,127,244. The maximum supply of SWEAT is coded to be infinite, allowing for continuous issuance of the token.

The availability of SWEAT for trading presents new opportunities for investors to diversify their portfolios and engage with a cryptocurrency that is backed by a unique ecosystem. The Sweat Economy, which has transitioned to SWEAT, offers a platform for users to earn rewards through physical activity, creating a novel intersection between fitness and digital assets. This development is likely to attract attention from both fitness enthusiasts and cryptocurrency investors, further driving the adoption and growth of SWEAT. The Sweat Economy's transition to SWEAT tokenizes physical activity, incentivizing users to engage in fitness while earning digital rewards. This innovative approach not only promotes a healthier lifestyle but also integrates the benefits of blockchain technology, making it a compelling proposition for both fitness enthusiasts and cryptocurrency investors.