In today’s trading session, the Seesaw project is up by 9 per cent. The project has also been aggressively bullish throughout the week. Shiba Inu , dubbed the Dogecoin killer, has seen its price rise in the past due to rising scarcity, increased demand, and real-world adoption.
In the wake of the news that Tesla CEO Elon Musk acquired nearly 10% interest effectively becoming the biggest shareholder of Twitter , the value of Dogecoin’s DOGE tokens jumped 10% on Monday. Chainlink , all three cryptos are experiencing a dip in this crypto sell-off and while many will look at this as a negative, it also classes an opportunity for investors to make a buck. However, for a project that has lost 99 per cent of its value in the past few months, the recovery to its previous level is close to zero. Therefore, my long-term outlook for the Seesaw protocol is a continued trade to the downside.
The revolutionary crypto has a very powerful vision and arguably, this could be a big part of the crypto’s early success. 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. Get the latest crypto news, updates, and reports by subscribing to our free newsletter. Seesaw Finance is a multi-chain, decentralized, non-custodial ecosystem of DeFi products, protocols, and use cases. Seesaw Token deployed to Binance Smart Chain and will also be deployed on Polygon and Ethereum.
Latest Seesaw News and Social Media Feed
The buzz surrounding Seesaw Protocol that contributed towards its skyrocketing presale price has been attributed to its revolutionary goals. Seesaw Protocol has found itself on the lips of crypto proponents and critics alike. It makes rounds in tweets about cryptocurrencies with many claims, labelling it the new Shiba Inu. Solana’s network is designed for the mass market, with a reported capability of 50,000 transactions per second and pricing as low as a fraction of a cent. With the NFT market predicted to reach billions of dollars, Solana might become the industry’s go-to network, establishing itself as the number one smart contract platform. A utility cryptocurrency simply means that these coins and tokens proposition the right to procure a product or service.
Seesaw Protocol aspires to be a cryptocurrency designed to bridge multiple blockchains, solving an important interoperability problem within the emerging field. Its creators claim that SSW is going to bridge the Binance Smart Chain with Ethereum and Polygon . Investing in a market with a high level of liquidity ensures that investors can transact swiftly, conveniently, and at fair prices. Seesaw Protocol has currently, with plans to increase, a whopping 1 Million USD flowing in its network, keeping it functioning.
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Customers can acquire virtual plots of land in the Shiba Inu metaverse, which incorporates virtual plots of land for sale. There will be a maximum of 100,595 plots of land available in its metaverse, although not all of them will be available for purchase. Some will stay unpurchaseable in order to serve as public places, while others will be locked behind tiers. Shiba Inu , the famous memecoin, has been added to the Bitcoin of America ATM network, which includes over 1,800 machines distributed over more than 31 different states in the United States. It’s also worth mentioning that the corporation announced support for yet another renowned memecoin – Dogecoin – back in March.
It has also poured $1 million in liquidity into the pool to keep the network functioning. Some potential investors might feel it is too late to invest in this new token and have any reasonable return but quite the opposite. There is still so much in store for investors from the token in the coming months and that makes it a great time to jump on Seesaw Protocol. However, like many coins that’s price was inflated in 2021, LINK started to come crashing down as it suffered a 75.9% dip from its current price of $12.67, at this time of writing. The SSW Token can be exchanged between multiple chains with almost 0% commission. Users can transfer tokens at the click of a button at their convenience and make use of assets on other blockchain networks.
Seesaw to USD Chart
Solana was one of the worst-performing top 10 cryptos of yesterday. For the past two days, the coin has been falling nonstop, and it appears that the bearish market is weakening it. During the recent bull run, the Solana chain seems to have lost the majority of its gains. The price of Solana has fallen over the last month too, with a 4.5% drop in the last 24 hours. Since it allows SHIB token holders to burn their tokens while they also earn a passive income in the process, many holders have resorted to burning their tokens.
- If you are looking to buy or sell Seesaw, PancakeSwap is currently the most active exchange.
- We strongly advise our readers to conduct their own research when making a decision.
- MANA is used to power the virtual universe that Decentraland is looking to build.
- Investing in a market with a high level of liquidity ensures that investors can transact swiftly, conveniently, and at fair prices.
- A sample of transactions in the wallet will be promised back to the auxiliary credentials.
- Solana was one of the worst-performing top 10 cryptos of yesterday.
Built on the Ethereum network, Decentraland allows users to purchase LAND, create avatars, and buy or sell digital goods. It is a fully first decentralised virtual world and is controlled and run through a DAO which means the community gets a say in deciding the road map. If you couldn’t invest back then, it does not matter because you could still make a fortune from an investment in these three cryptos. Let us find out about the potential of these three coins and their features which make them a solid bet.
In April, when the protocol was being offered in presale, there was a lot of optimism that the project would continue its growth throughout the year. Naturally, many investors were willing to pay a king’s ransom to get their hands on the project. The crypto market is renowned for its unpredictable volatility, however analysts have figured out ways to measure the outlook of a crypto. Let’s take a lesson in crypto market economics by examining the cases of Shiba Inu and Solana to determine whether Seesaw Protocol could be approaching a rally.
Most Valuable Cryptocurrencies Under $2 – Vechain (VET), Decentraland (MANA), and Seesaw Protocol (SSW)
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An excellent method to convince people that Bitcoin doesn’t have to be all that serious, considering the history of ambiguity and distrust around it. Like the messiah, all Seesaw can do is ascend in shades of green, help keep your pockets heavy, and put your portfolio in euphoria. With the sudden surge of crypto tokens like Shiba Inu and Dogecoin , which made millions for people all over, the crypto community has since begun the hunt for the next best thing to jump on. Seesaw Protocol keeps rearing its head as a project laden with potential in a vast sea of competitive tokens. Solana’s price surged by approximately 10,000% in 2021, owing primarily to its reputation as the number one “Ethereum killer”.
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Seesaw Protocol is a multichain, noncustodial ecosystem of DeFi products and services running on the BNB Chain, with future plans to run on Ethereum and Polygon as well. Users will be able to use SSW to connect between the three blockchains to find the quickest and most reliable network at any given time. The Seesaw Protocol is a fully on-chain liquidity protocol that can be implemented on any smart contract-enabled blockchain. The Seesaw Protocol is an open-source standard for liquidity pools, which in turn provides an endpoint for automated market-making (buying/selling tokens) against a smart contract. In 2021, we saw many coins gain in value thanks to the mobility and popularity of NFTs. However, this rise seems to have turned into a continuing decline in late 2021 and the first quarter of 2022.
Seesaw Protocol: Solving Interoperability Problems in the Cryptosphere
This is because cryptocurrency holdings are taxed in the same way as any other assets you own, such as stocks and property. Like with all new ideas, anecdotes of scams and uncertainty follow. Unless you have truly endowed your time into gaining knowledge of the mechanisms of cryptocurrency, it is likely you will always have doubts.
SeeSaw Protocol Last News
We strongly advise our readers to conduct their own research when making a decision. The cryptocurrency market has registered a loss over the past week with top tokens dropping in value. It had a very successful week seesaw crypto after going live on the 8th of April. Already, the token made an impressive return for its investors with its presale launch earning over 3900% and is on its way to earning its investors even more going forward.
Ever since the Shiba Inu developers launched a new burning mechanism on its ShibaSwap exchange, it has gained back major attraction. The coin seems to not be going anywhere, as it plans to deploy cross-chain integrations, with the aims of listing on Uniswap during the third quarter of 2022. 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. Seesaw Protocol is available to purchase now; the first stage of presale ends on February 25, 2022, in which a second stage will shortly commence. Sales are up until the 3rdand last presale, which is expected to take place on April 8, 2022.
In layman’s terms, that means a $1000 investment would have resulted in a $100,000 profit. Seesaw Protocol is a thrilling new DeFi coin that has recently debuted on a few prominent decentralised exchanges. Additionally, it appears the team behind Seesaw Protocol wants to involve the community as much as possible. Long-term tokenholders are rewarded with extra SSW tokens via a regular airdrop feature.
However, there are many reasons to believe that Seesaw Protocol is one to HODL. The memecoin has seen multiple big percentage crashes but remains as one of the top-20 cryptocurrencies by market cap today. 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. Unlike these other cryptocurrencies, however, ApeCoin also offers an interesting profit-sharing mechanism that allows users to earn dividends based on the number of coins they hold in their digital wallets. This profoundly impacts the market value of the coin by increasing interest from investors and users alike.
What’s next for Seesaw Protocol after its stellar presale success?
CryptoRank provides crowdsourced and professionally curated research, price analysis, and crypto market-moving news to help market players make more informed trading decisions. If you’re looking for a set of practical and insightful crypto market information and data, we have the analytics tools to suit your business needs. Seesaw Protocol is a fully decentralised multi-chain DeFi platform with plans to impact the crypto market long term. It has its main network as Binance Smart Chain and will allow you to bridge between the Ethereum and Polygon networks creating a very productive blockchain to run transactions on.
Of course, the decrease in the crypto finance market volume below $2 trillion and the downward trend in other altcoins in general also had an impact on this. But when we consider the pre-sale price of $0.005, there is still a surprising increase. CoinCheckup provides live cryptocurrency prices and charts, listed by crypto https://xcritical.com/ market cap. Get latest crypto prices, predictions, news, and historical data for Bitcoin and thousands of altcoins. Trading and investing in digital assets is highly speculative and comes with many risks. The analysis / stats on CoinCheckup.com are for informational purposes and should not be considered investment advice.