### Detailed Analysis of BSW (Biswap) Token (April 25, 2025)
#### 1. Project Overview
BSW is the native token of the Biswap decentralized exchange (DEX), operating on the BNB Chain (formerly BSC). Biswap focuses on low trading fees (0.1%), three types of referral systems, and diverse DeFi features such as liquidity mining and NFT staking.
#### 2. Current Market Data (April 25, 2025)
- Price: $0.031
- Circulating Supply: 373,023,661 BSW (53.29% circulation rate)
- Total Supply: 700,000,000 BSW
- Market Cap: Approximately $11.56 million
- 24H Trading Volume: Approximately $22.33 million (Turnover Rate 338.30%)
- Historical High: $2.1463 (December 2021)
- Historical Low: $0.015912 (March 2025)
#### 3. Recent Performance
- Short-term Trend (Last 30 Days): Down -52.69% (from $0.0406 to $0.031)
- Market Sentiment: Recent volatility has been significant, BTC correlation -0.84 (negative correlation)
- Exchange Dynamics: Platforms like Binance have delisted some BSW trading pairs, affecting liquidity.
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### Price Prediction for End of 2025 (One-way Bullish)
Expected Target: $0.08 - $0.12 (an increase of 158% - 287% from the current price)
#### Factors Supporting Bullish Sentiment
1. DeFi Market Recovery
- If the crypto market enters a bull market in the second half of 2025, DEX trading volume may rebound, driving BSW demand.
2. Biswap Ecosystem Development
- If Biswap launches new features (such as lending, NFT market), it may attract more users and liquidity.
3. Historical Cycle Reference
- In December 2023, BSW once surged by 52.54% in a single day (to $0.153), showing rebound potential under high volatility.
4. Institutional Forecast Reference
- CoinCodex once predicted that BSW could reach $0.138 - $0.653 in 2025.
- DigitalCoinPrice predicts an average price of $0.18 in 2025.
#### Potential Risks
- Intense Competition: DEXs like Uniswap and PancakeSwap dominate the market, and Biswap needs to differentiate itself.
- Liquidity Issues: If exchanges continue to delist BSW trading pairs, it may limit upward potential.
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### Conclusion
Currently, BSW is at a low point (down -98.5% from its historical high), if the market rebounds and the Biswap ecosystem progresses, it may rise to $0.08 - $0.12 by the end of 2025. However, market volatility and competitive risks should be taken into account, and decisions should be made in conjunction with overall DeFi trends.
