TULSA, OK, Nov. 8, 2022 (GLOBE NEWSWIRE) — via NewMediaWire – AppSwarm, Corp. (OTC: SWRM) A collective of creative and technological minds focused on mobile application development, cyber security solutions, cryptocurrencies, NFTs and digital marketing solutions announces updates to its Crypto Asset Portfolio in its COLONY division.
In this bearish market and turbulent economy, SWRM has chosen to trade and hold new crypto-assets for long-term investment and interest gains.
AppSwarm CEO Christopher Bailey stated: “Historically, some altcoins have shown explosive gains. With extreme due diligence, we look for assets with transparent development teams, solid roadmaps for the future, and tools that provide innovative and practical solutions. We have chosen to back four new crypto-assets in October and November to buy in early, hold, stake and get long-term interest and rewards. We hope that this will strengthen the value of the COLONY division and can provide valuable liquidity for future projects. COLONY will be very exciting. It can be the financial backbone that can provide funding and an automated revenue stream.”
SWRM’s COLONY division continues to mine DOGECOIN, which has recently seen a significant increase in value with Elon Musk’s purchase of Twitter. The DOGE community is strong and with a market cap of $16.3 billion, the future looks bright. SWRM will mine and hold DOGE for the long term and use small amounts of DOGE to exchange for other cryptoassets showing strong futures.
SWRM has recently diversified its crypto portfolio to include the following assets.
SHIDO
SHIDO (Shido Finance) is a unique cross-chain ecosystem with next-generation DeFi tools. In 2022, SHIDO came swinging out of the gates with a transparent development team and a very impressive roadmap. SHIDO has released a new crypto wallet that many say is a “metamask killer.” SHIDO is on track to deliver more tools before the end of 2022, including their own blockchain, iOS wallet, games, Visa cards and a complete exchange platform. SWRM has a good amount of SHIDO and since the first exchange the value has more than doubled.
GVR
GroveToken was launched in March 2022. Grove’s mission is to create wealth for all “Grovers” by exploiting the possibilities of secure decentralized digital currency in an environmentally conscious way. SWRM currently has GVR and rates at 56% APR. The GVR roadmap is impressive and innovative. Grove won the “Best DeFi” award at Dubai Crypto Expo 2022.
LUNC and USTC
The Terra network’s one-time $60 billion crypto ecosystem crashed earlier this year, and from the ashes emerged an incredibly dedicated community and development team (Terra Rebels) that revitalized Luna Classic. LUNC has a bright future and SWRM holds and stakes LUNC on the Terra Station network and earns rewards in LUNC and USTC.
LTC
Litecoin (LTC) is a cryptocurrency created from a fork of the Bitcoin blockchain in 2011. Released to the public in 2011 by former Google engineer Charlie Lee, Litecoin is an open source global payment network that is not controlled by a central authority. SWRM currently mines and holds Litecoin.
In addition to the new cryptocurrencies that SWRM has, SWRM also has ADA (Cardano), SHIBA INU and ETH (Ethereum). Going forward, SWRM will start mining XMR (Monero) in November 2022 and plans to add XRP (Ripple) to its portfolio. More information on XMR, XRP and Swarm’s NFT platform is coming soon.
AppSwarm will release more detailed information in the coming weeks and update the AppSwarm website to reflect new projects and products. For updates on our projects please visit
About APPSWARM
AppSwarm is a collective of creative and technological minds focused on cybersecurity, cryptocurrencies, NFTs, IoT, Web3 and blockchain development. The company specializes in accelerated development and publishing of mobile apps and other software platforms for gaming and business applications and seeks to acquire symmetrical business opportunities. AppSwarm collaborates with and assists other development firms in technology development, business management and funding needs.
For more information, visit us at www.app-swarm.com or follow us on Facebook: www.facebook.com/AppSwarm Twitter: or Instagram:
Forward-looking statements:
“Safe Harbor” Statement Under the Private Securities Litigation Reform Act of 1995: This press release may contain forward-looking statements that are subject to risks and uncertainties, including, but not limited to, the impact of competing products, product demand, market acceptance risk, fluctuations in operating results, political risk and other risks detailed from time to time in the company’s filings with OTCMarkets.com and as necessary to the Securities and Exchange Commission. These risks may cause SWRM’s actual results to differ materially from those expressed in any forward-looking statements made by, or on behalf of, the company.
Investor and media contacts:
AppSwarm, Corp.
918-706-5497
[email protected]
