Bitcoin continues to dominate the crypto market, yet its creator, Satoshi Nakamoto’s true identity, is yet to be known to date. Among the many reasons to get this digital currency is the reward incentive of simply holding them. A regular airdrop feature enables long-term holders of the token to earn extra coins. 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. Currency.com is a global cryptocurrency exchange platform that allows you to trade crypto and other assets.
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. We’re trying to remain open minded about the https://www.xcritical.com/ token project. We really hope it pans out and some of those early investors are rewarded for their trust.
Bitcoin, Ethereum, Seesaw Protocol -Should You Buy the Crypto Crash?
The Sandbox is unlikely to erupt in the same way it did in the beginning. As you can see from the presale price chart, Seesaw Protocol crypto has been heading skyward. At the last time we checked, its value is up more than 578% since the presale first launched. But since this is still in the presale stage, it doesn’t appear there’s any way to exit a position yet.
Combining all these factors resulted in most cryptocurrencies losing aggressively in the markets. However, some of them have been hit harder by the cryptocurrency industry bear market than others, and the SeeSaw protocol was one of them. According to the official website, 30% of the SeeSaw cryptocurrency was reserved for the pre-sale, 10% for marketing, 5% as a bridge reserve and 4% for the developer’s wallet. The presale for Seesaw Protocol (SSW) has been live for just under a month. According to its website, the price has already risen by over 1,000% as investors begin to get into the project early. As the project doesn’t officially launch until April 2022, there is still plenty of opportunities with Seesaw.
Seesaw priceSSW $0.0002134
However, like its Metaverse rival MANA, SAND has rebounded and increased by more than 23% over the past 7 days. Polkadot’s native DOT token is up 6.9% in the past 24 hours, currently trading at $18.12. Preparing for its full launch on April 8th, Seesaw Protocol (SSW) is currently in stage two of its presale and performing at a high rate.
- New token launches and small market capitalization coins are inherently more risky than large cap cryptocurrencies.
- But not, you may learn how to invest in cryptocurrency and what is SeeSaw Protocol in this material.
- Comparably sized cryptos like Binance Coin (BNB) and Cardano (ADA) rose by more than 1700% and 1600% respectively.
- Another project that has been tipped for the long-term future is Solana (SOL).
Ranked as the 10th biggest cryptocurrency in the world, according to data from CoinMarketCap, Avalanche (AVAX) is a blockchain platform that supports the deployment of smart contracts. Its decentralized nature provides security to users since there is no single point of attack, making data more difficult to compromise. With the ever-increasing need for storage space in today’s virtual world, https://www.xcritical.com/blog/what-is-seesaw-protocol-everything-you-should-know-about-ssw/ it’s simple to see why Filecoin may be an interesting long-term investment for many. Another advantage of Seesaw Protocol (SSW) is how it incentivises longer-term holding. There is a 3% buy fee and a 5% sale fee on each respective transaction, which is then invested in the liquidity of the token. A percentage of each transaction is also distributed as a bonus to its existing holders.
Is the Seesaw protocol a good investment?
New projects are often extremely lucrative investments, and until they are publicly released, they only increase in price. Other major cryptocurrencies, specifically those inside the top 10 market cap rankings, have faced similar ups and downs. Cardano (ADA) and Solana (SOL) are down by 7% and 8% respectively over the last seven days. Worldwide events, like the cost of living crisis and Russia’s illegal invasion of Ukraine, are having an effect on finance in general. It’s also important to have a look at the tokenomics of SSW – the native cryptocurrency of the Seesaw Protocol ecosystem. The first phase of its pre-sale ends on February 25th, and the expected tokens to sell are 178,200,000.
SSW attracts investors worldwide; it may generate big profits for those who can jump on board early enough. We’ve all heard of currencies like Bitcoin (BTC), Ethereum (ETH), and even Dogecoin (DOGE). Still, a new currency on the rise will make understanding cryptocurrencies as easy as possible. If you do not know what is SeeSaw Protocol, we recommend you read this article.
Decentraland up 19%, Sandbox up 21%, and Seesaw Protocol up 180% in Presale
The plan, according to the whitepaper, is to launch a multi-chain fully decentralized finance platform. One that grants the ability to swap, leverage and farm crypto on. The claim here is that it will launch on PancakeSwap on the Binance Smart Chain. And it will create a bridge between the Ethereum and Polygon Networks.
Seesaw Protocol (SSW) is one of the most notable new releases of the year, and its presale is already underway. This article is sponsored content and does not represent the views or opinions of BeInCrypto. While we adhere to the Trust Project guidelines for unbiased and transparent reporting, this content is created by a third party and is intended for promotional purposes. Readers are advised to verify information independently and consult with a professional before making decisions based on this sponsored content.
Why is SeeSaw Protocol trending?
There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. In spite of Litecoin not appearing like it might make a bull run at the moment, there are irons in fire of the digital asset. Enhance or build your brokerage business from scratch with our advanced and flexible trading platform, CRM, and a wide range of custom solutions. Digital signs (tokens) (hereinafter referred to as “tokens”) are not legal tender and are not required to be accepted as a means of payment. Currency.com has requested further information via the project’s official Telegram page.