AppSwarm Updates COLONY Division Crypto Asset Portfolio

TULSA, OK, Nov. 08, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – AppSwarm, Corp. (OTC: SWRM) A collective of creative and technological minds focused on mobile application development, cybersecurity 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 swap and hold new crypto assets for long-term staking and interest gains.

AppSwarm's CEO Christopher Bailey stated, "Historically some altcoins have shown to have explosive gains. With extreme due diligence, we look for assets with transparent development teams, solid roadmaps for the future, and utilities that provide innovative and practical solutions. We have chosen to support four new crypto assets in October and November to buy in early, hold, stake, and gain interest and rewards in the long run. We are hopeful that this will strengthen the value of the COLONY division and may provide valuable liquidity for future projects. COLONY is becoming very exciting. It could be the financial backbone that may 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 swap for other crypto assets that show 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 utilities. In 2022 SHIDO came out of the gates swinging with a transparent development team and a very impressive roadmap. SHIDO has released a new crypto wallet that many are saying is a “Metamask killer.” SHIDO is on track to deliver several more utilities before the end of 2022 including their own blockchain, iOS wallet, games, Visa card, and a full-on exchange platform. SWRM is holding a fair amount of SHIDO and since the initial swap, the value has more than doubled.