Perhaps one of the most important accomplishments throughout the industry that we saw is the broader acceptance of various networks. The boom of DeFi summer in 2020 showed that Ethereum, in its current shape and form, is quite unable to handle the massive load of users. As a result, the fees skyrocketed as the network was getting clogged. Among the many reasons to get this digital currency is the reward incentive of simply holding them.

In presale stages prices cannot go down, therefore, crypto-wallets can only increase in value. Seesaw Protocol (SSW) is currently in its second presale slot. It will first deploy on the Binance Smart Chain (BSC) before extending to the Polygon (MATIC) Network and, finally, the Ethereum (ETH) Network. SSW users will be able to conduct cross-chain swaps in order to seek the best price and fastest speed for their desired transactions. Basically, preparing children for the future of money and education.

Knowing when to get in and get out is key for a successful trader. Avoid missing out on lucrative opportunities by procrastinating for too long. Upwards of more than 70,000,000 times more significant than when it began in 2021, SHIB has reached its all-time peak. This is the most conclusive proof that meme currencies can create billionaires out of thin air. In 2021, this led to a massive trend where other layer-one protocols skyrocketed in both value and popularity.

TOP BINANCE ALTERNATIVES

The price of SSW at the start of its presale was $0.005. When the presale ended and the token launched on PancakeSwap on April 8, the price rose a large amount. The tokens bought in the presale were vested for two weeks to sustain platform liquidity.

  • Seesaw Protocol has found itself on the lips of crypto proponents and critics alike.
  • Jay Jackson is a crypto trader, researcher and freelance writer.
  • In presale stages prices cannot go down, therefore, crypto-wallets can only increase in value.
  • Crypto investors in 2022 are no strangers to volatility in the market.

SeeSaw protocol can help holders find the best cross-network transfers at the lowest prices. «The SeeSaw Protocol is a fully networked liquidity cross-chain protocol that may be implemented on any blockchain which supports smart contracts. The Seesaw protocol is an open source standard for liquidity pools, providing an endpoint for automatically creating a market (buying/selling tokens) on a smart contract».

These past few weeks have been turbulent on various fronts. Ukraine was being invaded and bombed, Russia was being sanctioned by some of the biggest Countries members of NATO and https://www.xcritical.in/blog/what-is-seesaw-protocol-everything-you-should-know-about-ssw/ its economy and trades are suffering. Over the last 24 hours, SSW has increased by around 2%. If this continues, the bare minimum that SSW would reach at launch would be $0.2.

Using data from coinmarketcap.com, we can calculate the potential return on a $1000 investment for those who joined The Sandbox from the start. If you had invested in The Sandbox at its inception, you would have received an 18,000% return by the time it reached its all-time high in late November 2021. This would have increased the value of $1000 to $180,000.

The Seesaw Protocol Explained

On the flip side, Seesaw Protocol (SSW) is still in stage 1 of its presale but has outperformed all of the major coins with a mammoth 1000% rise in price in just under a month. History shows us that big crashes are common in crypto. The memecoin has seen multiple big percentage crashes but remains as one of the top-20 cryptocurrencies by market cap today. Launched in January 2022, the protocol is a fairly new and ambitious blockchain-based project created to bridge multiple blockchains.

The starting trading price of the coin is set at $0.005, while BNB, BTC, ETH, BCH, LTC, DASH, DOGE, USDT (ERC20-TRC20), and many others are allowed as the purchase currency. We’ll help you navigate the crypto market smoothly and get access to all the popular coins like Bitcoin, Ethereum, Litecoin and many more. Pre-sale tokens will be available to purchase in
three stages over 2.5 months.

While it does offer a much needed solution in the crypto world its huge token price crash is of concern. Waves is a multi-purpose blockchain platform that may be used for a variety of applications, including decentralized apps (DApps) and smart contracts, among others. With this comes the knowledge that your investment will not go down. As these are stable by their name, they are stable by nature, and as a result, your investment will not go up either. USDT is ranked third by market cap behind Bitcoin (BTC) and Ethereum (ETH) but will always be tied to the dollar, with 1 USDT always being worth $1. Seesaw protocol multi-chain feature allows the token to be swappable between multiple chains (Binance, Ethereum, Polygon) with almost 0% commission.

A regular airdrop feature enables long-term holders of the token to earn extra coins. SSW can be traded and farmed across the Binance Chain, Ethereum, and Polygon blockchains. The Seesaw token (SSW) is the utility token of the Seesaw protocol ecosystem. Holders of the tokens can use them to connect between the three blockchains to find the quickest and most reliable network at any given time. The job can seem daunting and increasingly difficult for the curious and those interested in the bitcoin industry. But not, you may learn how to invest in cryptocurrency and what is SeeSaw Protocol in this material.

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Its market cap is more than twice that of any other cryptocurrency and its market dominance is over 40% at the time of writing. The crypto market as a whole in 2022 is perfectly exemplified by the fortunes of BTC; https://www.xcritical.in/ down 23%, up 30%. The utility of Seesaw Protocol (SSW) has the potential to be huge in the crypto space. It provides a genuinely multi-chain bridge between the Binance Smart Chain, Polygon, and Ethereum Networks.

Seesaw Protocol price has seen tremendous growth, which has had early investors smiling. While other coins crashed following the Bitcoin and Ethereum plunge, Seesaw Protocol (SSW) soared high. Another aspect of Seesaw Protocol crypto that is a bit of a red flag is the bonus referral program.