Seesaw Protocol Presale Shows DeFi Boom Despite Dips for Terra and Fantom

He has worked as a news writer for three years in some of the foremost publications. Fantom looks to combat prolonged speeds that are a problem on other networks such as Ethereum . Its creators claim that they have reduced transaction speed to under two seconds, and they aim to build a rival platform to Ethereum. Analysts predict it could achieve this in 2022, as crypto customers seek better rates and speeds for their transactions. While the bulls would benefit from a swift comeback, it is unclear whether or not this will occur.

SSW can be traded and farmed across the Binance Chain, Ethereum, and Polygon blockchains. In 2021, Fantom increased by over 20,000% from its January the 1st price to its peak of $3.48. It has not been immune to seesaw protocol news the general market downturn of this month and, over the last seven days, has seen a drop of more than 15%. Terra increased by a whopping 12,500% in 2021 and reached a new all-time high of $103.33 in December.

This Crypto Will Be the Ethereum (ETH) of 2022 – Seesaw Protocol (SSW)

Polkadot has seen encouraging growth since onboarding the first parachains in December. With over $800 million invested in the platform, it is already the thirteenth most popular DeFi ecosystem. As more parachains are integrated and Polkadot’s ecosystem continues to expand, more people should adopt platform-based products. As a result, demand for the DOT token – Polkadot’s native cryptocurrency – will increase, pushing its price higher. And, with DOT trading at a 66% discount to its all-time high, this digital asset may be poised for a bull run in 2022.

Various criteria must be met for the listing of cryptocurrencies, so Seesaw met those criteria for both sites in just four days is a credit to the SSW team. While volatility is usually seen negatively in the cryptocurrency industry, it usually has some advantages. Increased volatility allows people who may not be able to afford to get in on specific crypto the opportunity to invest at a lower price than usual. A few things make Seesaw Protocol different from other cryptocurrencies, and these factors could make it a success. First off, Seesaw Protocol is designed to be a fully decentralised and multi-chain DeFi Platform, whereby you can swap, leverage and farm.

At the time of writing, EOS is worth $2.47, up 3% over the past 24 hours. Seesaw Protocol was founded on the principle of interoperability. Typically, transactions take place on a single blockchain, such as Ethereum or Bitcoin , and no data or tokens can be transferred between blockchains. Seesaw Protocol, on the other hand, will act as a bridge between Binance Smart Chain , Polygon , and Ethereum , allowing holders to transfer tokens between the three popular blockchains. Seesaw Protocol’s team is committed to building the best crypto community possible, and one way they are doing so is by adding a fee to each transaction. Each purchase of SSW is subject to a 3% fee, and each sale is subject to a 5% fee.

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Scores are based on common sense Formulas that we personally use to analyse crypto coins & tokens. Past performance is not necessarily indicative of future results. There are dozens https://xcritical.com/ of intriguing blockchain projects, many of which could provide lucrative long-term returns. However, Polkadot and Seesaw Protocol strike me as two of the most intriguing.

Also bearing in mind that Seesaw is yet to launch on major exchanges yet, along with the roadmap of the protocol, makes 10,000x sounds like a starting point for SSW crypto coin. Meanwhile, Seesaw Protocol has seen its price increase over 640% in the first stage of its presale. However, Ethereum is starting to face serious challenges as it is becoming slower and expensive due to congestion on its outdated network. A new cryptocurrency called Seesaw Protocol is aiming to solve this problem by bridging mainstream blockchains and offering cheap and fast transactions between them. As a result, Seesaw Protocol offers more utility than Ethereum and has plenty of room for growth, making it the hottest pick for huge returns in 2022.

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• At that point, the network’s throughput could exceed one million transactions per second , with each transaction taking less than 60 seconds to complete.
• Meanwhile, Seesaw Protocol has seen its price increase over 640% in the first stage of its presale.
• Considering there is still more than 7 weeks remaining in the presale, including 2 more stages, now is still an early time to invest in SSW.
• However, Polkadot and Seesaw Protocol strike me as two of the most intriguing.
• The presale has another two stages to go with Stage 1 coming to an end on February 25.

Second, Seesaw Tokens can be swappable between multiple chains with almost 0% commission. Dogecoin has been around since 2013, making it one of the older cryptocurrencies. In that time, it has become known as a fun and friendly coin, with a community that is passionate about giving back. Available to purchase through PancakeSwap and Seesaw Swap, SSW is more accessible than ever. The continual rise in its price illustrates the ease people now have in buying the token.

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As analysts were anticipating, the launch today has generated a surge in demand and SSW utility token value, catapulting the protocol to the “best-cryptocurrency to invest in” list. The likes of Tech News Leader see both the short-term and long-term potential of Terra, a blockchain payment platform for algorithmic stablecoins. They predict LUNA will trade at around $67.55 by the end of the year. The token rose 100% in the first 24 hours after its launch & continued on the upward trajectory the project was destined for. He projects his expertise in subjects like crypto and Blockchain while writing for CryptoNewsZ.

On April 14th, the tokens experienced their all-time high price, trading at $0.46. The presale price of the SSW crypto coin started at $.0022 for 1 SSW, guess which coin is trading at $0.44 today? Reading this you might think that it is now too late to start investing in the new cryptocurrency and start injecting into your wallet extra cash for extra personal wealth. SSW Presale PriceThere are multiple real-world applications for Seesaw Protocol, including providing a bridge between blockchains and uses for and in the Metaverse.

The utility of Seesaw Protocol 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. Its users will be able to use SSW to carry out cross-chain swaps from blockchain to blockchain. High fees and congested networks can be avoided and make the process of, for example, buying NFTs easier, cheaper, and quicker. It took six months of lobbying from the Shiba team to get it done, and the listing came with a subsequent surge of SHIB, as it has risen 15.8% in the past 24 hours at this time of writing.

It aims to educate and invest in the younger generation, in order to teach them how to use the Metaverse’s up-and-coming technology. Ripple‘s condition is exacerbated by the uncertainty of today’s markets. Selling pressure for XRP today as the network’s value has fallen below the 2022 volume control.

For instance, someone who invested 1 Ethereum may receive all 2 million EOS tokens on one day but only receive 200,000 EOS tokens the day after if 10 people had invested 1 ETH. The EOS presale began with huge sales and lulled in the middle, before skyrocketing towards the end as hype built. An amount totaling more than $4 billion was raised over the course of 350 days.

Seesaw Token Sale Statistics

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Voted by the community, Seesaw Protocol will vest its tokens for two weeks before airdropping them to holders via their BSC wallet to protect the token’s liquidity. According to Seesaw Protocol’s website, the price of SSW has already increased from $0.005 to over $0.041, that’s over 640% return in just a couple of weeks. Jay Jackson is a crypto trader, researcher and freelance writer. He works closely with people and businesses in the crypto sphere, writing blog posts, guides, press releases, reviews and ebooks. Shiba Inu is a good example of a cryptocurrency that has experienced several huge crashes and is still going on strong.

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However, one particular coin failed to break its all-time high price of $3.84 which was set all the way back in 2018. On the flip side, Seesaw Protocol 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. Cryptocurrencies are becoming more widely accepted within traditional finance with firms such as JP Morgan and Deloitte investing heavily. JP Morgan predicts Bitcoin will reach $120,000 within the next 5 years. With the need for faster, cheaper and cross-chain transactions, Seesaw Protocol looks perfectly poised to challenge the top three and generate huge value for holders. Seesaw Protocol’s presale price has already increased from $0.005 to $0.016, meaning that holders have already profited by 300%, in under 2 weeks.

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Seesaw Protocol is a new entrant to the world of cryptocurrency, but it has already made a big impression. Cosmos is an ecosystem of Blockchains that, similar to Polygon, can both interoperate and scale with each other. Some experts believe that ATOM will reach $46.635 by the end of 2022, a valuation that would eclipse its ATH. As a technology platform that enables Blockchains to scale and connect, Polygon has been at the forefront of the Blockchain revolution alongside the likes of Solana , Cardano , and Avalanche . Investment Analysis Historical performance and stats for all cryptocurrencies.GitHub Analysis Development activity on Github for open source cryptocurrencies. Fundamental Analysis Key factors and information to perform crypto fundamental analysis.

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Terra is ranked 1st by the market cap of DeFi protocols on leading listing exchange CoinMarketCap. Its ecosystem is based on stable coins, and its native token, LUNA, is used to reduce or increase the supply. Its creators say that their network combines the worldwide usage of Fiat currencies with the security, speed, and flexibility of cryptocurrency. The vision of a cryptocurrency project is paramount for its success.