Emfis Chanel

The Seesaw Protocol Explained Moni Talks

In order for any new cryptocurrency to challenge the dominance of Bitcoin (BTC) or Ethereum (ETH), it will have to provide enhanced utility and demonstrate real-world value. 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 (BNB) with Ethereum (ETH) and Polygon (MATIC). A utility cryptocurrency simply means that these coins and tokens proposition the right to procure a product or service.

On April 14th, the tokens experienced their all-time high price, trading at $0.46. Seesaw Protocol (SSW) will hope to emulate these price increases, and the first stage of the presale showed that this could be a possibility. From $0.005 to its current valuation of $0.11, SSW has already risen by more than 2000%. Trading and investing in digital assets is highly speculative and comes with many risks.

  • Litecoin got perks from altcoin boom previous year reaching its peak of $410.26, but has slipped down the cliff heavily, and was trading at a market value of $112.83.
  • There are multiple real-world applications for Seesaw Protocol, including providing a bridge between blockchains and uses for and in the Metaverse.
  • 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.

It will be offered on exchanges such as Uniswap and PancakeSwap, with a 3 percent fee on purchases and a 5 percent cost on sales. This encourages coin holding, and consumers may be encouraged to keep their investments rather than swiftly holding and selling. In the long run, a less volatile currency may represent a favorable opportunity for investors. As a result, Seesaw Protocol has the potential to transform DeFi projects. 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.

For instance, someone who invested 1 Ethereum (ETH) 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 Protocol (SSW) shows that it believes in the crypto world’s future, as they will donate 1% of its marketing funds to international educational institutions. We’re trying to remain open minded about the Seesaw Protocol crypto token project. 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.

seesaw protocol

This will provide access to the next presale round, which will finish a month later on March 25th, 2022 with 89,100,000. The last presale round will conclude on April 8, 2022, with 29,700,000 SSW tokens expected to be sold. SeeSaw is a digital token, but it is what is seesaw protocol a multi-chain token that spans both Ethereum and the Polygon network, without getting too complicated. Ukraine was being invaded and bombed, Russia was being sanctioned by some of the biggest Countries members of NATO and its economy and trades are suffering.

Now that the dust has settled, it looks like support for SSW is beginning to pick up traction again. https://www.xcritical.in/ 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. Cryptocurrency presales are used to garner attention, buzz, and funding for new crypto projects. Some presales prove enough of a launchpad for new cryptocurrencies to be successful, whereas a great many go under the radar.

Stellar (XLM) and Seesaw Protocol (SSW) aim to do just that and could be the most likely cryptocurrencies to surge in value in 2022. Let’s explore what makes these two cryptocurrencies unique and how they could potentially make you millions in the future. Analytics Insight® is an influential platform dedicated to insights, trends, and opinion from the world of data-driven technologies. In presale stages prices cannot go down, therefore, crypto-wallets can only increase in value. Currently, SSW holds a value of $0.11 per token – rising from the initial price of $0.005 in just over a month. Again, crypto analysts have let out that the price is likely to grow to $0.45 before trading starts.

Its aim was to make blockchain technology more accessible and therefore further enable programmer adoption of cryptocurrencies and FinTech as a whole. When compared to some other major blockchains, EOS has an advantage when it comes to scalability. At the time of writing, EOS is worth $2.47, up 3% over the past 24 hours. As for now, how the tokens will behave in the future, only time will tell. On the bright side, their current market price makes them an ideal entry point into the crypto market. Just remember to do your research before investing in any crypto project.

What distinguishes Stellar from other cryptocurrencies is that its coins (lumens) are not intended to hold value in and of themselves. Basically, preparing children for the future of money and education. The presale price of the SSW crypto coin started at $.0022 for 1 SSW, guess which coin is trading at $0.44 today? It should enable blockchains to take advantage of the most efficient blockchain during the optimal time, depending on network congestion, and, therefore, find the quickest and the cheapest transactions. The one true example of this is Bitcoin; despite it being a household name in the crypto market, those outside of these markets view any form of cryptocurrency and its bionetworks as a con. On April 8th 2022, SSW launched on Pancake Swap after being locked in presale for three months.

As a result, the fees skyrocketed as the network was getting clogged. Now that Seesaw Protocol is listed on PancakeSwap, it can be traded like every other token. During the next few months, Seesaw Protocol may cement itself as an established DeFi cryptocurrency. If the project can attract investors back, then it should recover from this devastating crash.

Seesaw Protocol (SSW) is a decentralised ecosystem made up of multi-chain DeFi products, protocols, and use cases. As a multi-chain protocol, Seesaw has plans not just to be deployed on BNB Smart Chain, Polygon, and Ethereum platforms. In terms of its roadmap, the project has a planned pre-sale for the first quarter of 2022 and the subsequent launch on PancakeSwap in the second quarter. He works closely with people and businesses in the crypto sphere, writing blog posts, guides, press releases, reviews and ebooks.

seesaw protocol

Savvy investors should look for new and upcoming cryptocurrencies that have strong foundations and offer unique and valuable innovations to the crypto market. If you had invested just $1500 in DOGE before to its inception, you would now be a millionaire. Without a doubt, cryptocurrencies are the quickest way to make amazing returns on your money.

Seesaw Protocol (SSW) will launch in the first quarter of 2022 and begins with an 8-week long presale, split into three stages. The presale starts next week and is the earliest opportunity to get in on an exciting venture from the ground up. There is an element of risk attached, as there is with all investments in crypto but conversely, the early stages of a cryptocurrency’s life can often be extremely profitable for those who invest. The memecoin has seen multiple big percentage crashes but remains as one of the top-20 cryptocurrencies by market cap today. When the vested tokens were airdropped to users, people began to take profits rightly, and the price tanked.

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top