The SwissCheese (SWCH) cryptocurrency price surged by 15% in the last 24 hours, reaching $0.7547. This growth occurred despite a 26% decrease in trading volume, which dropped to $2.3 million.
Current Situation
In the past week, SWCH price rose by over 60%, and in the last month, it has soared by more than 145%, climbing from the support level of $0.26 to the resistance at $0.80.
Impact of Ambassador
The project's surge began around September 6, when the announcement of a new brand ambassador, a major football legend, was made. Although the name has not been revealed yet, this news has led to significant price increases. In addition, on September 8, a 10,000 SWCH giveaway was announced for football fans and SwissCheese supporters.
Future Prospects
The future prospects of the project could significantly improve following the reveal of the brand ambassador. The heightened interest and hype surrounding this announcement have already contributed to the token's price rise in the first two weeks of September. The new ambassador's impact on SWCH price may further enhance interest in the project.
In conclusion, the SwissCheese (SWCH) price has been influenced by several factors, including the announcement of a new ambassador. Despite current fluctuations, the project's future looks promising due to increased interest and hype.
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