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EOS EOS made billions in its presale, so is Seesaw Protocol SSW the next record-breaker?

To be fair, SSW is new, and we can only expect so much as the project behind this cryptocurrency continues to develop. The Seesaw protocol is a decentralized, multi-chain, noncustodial ecosystem of Defi products, protocols, and services. The table above shows the number of days which Seesaw closed above a certain price level. SSW is down -2.96% against Ethereum and down -11.05% against Bitcoin in the last 1 month. Ethereum is up +6.33%, Solana is up +5.29% and Seesaw Protocol is up +3% all in just twenty-four hours. A sample of transactions in the wallet will be promised back to the auxiliary credentials.

  • Among the many reasons to get this digital currency is the reward incentive of simply holding them.
  • The last presale round will conclude on April 8, 2022, with 29,700,000 SSW tokens expected to be sold.
  • But don’t worry, readers will learn what cryptocurrencies are and how to invest in existing or current tokens such as SeeSaw Protocol in this post (SSW).
  • Seesaw Protocol price has seen tremendous growth, which has had early investors smiling.

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. A utility cryptocurrency simply means that these coins and tokens proposition the right to procure a product or service.

what is seesaw protocol

Drastically reducing interchain charges, and providing a more secured swapping option to cross-chain. A sentiment that Vitalik Buterin, the co-founder of Ethereum, also shares. The presale will expire on February 25th, 2022, with 178,200,000 tokens set to be sold.

what is seesaw protocol

The ability to meet, interact, and socialise with other people in an online space is not a new concept given the vast popularity of social media and virtual reality. However, there are now billions of dollars being spent on making the Metaverse the next big thing in society, finance, and cryptocurrency. The Seesaw Protocol team is committed to building the most significant possible crypto community, and one way to do this is to charge a fee on every transaction. Each SSW purchase is subject to a 3% commission, and each sale is subject to a 5% commission.

Finally, you’ll need to create an account with the exchange or marketplace before you can begin trading. The creators behind EOS chose to extend their ICO for the best part of an entire year; 350 days. Dogecoin (DOGE) has dropped more than 70% since its all-time high in May 2021, a prevalent theme among cryptocurrencies. History has repeatedly shown that investing in a cryptocurrency before it launches is the best way to see amazing gains. Seesaw Protocol (SSW), a new cryptocurrency that has recently opened its presale, could be the next gold rush. Seesaw Protocol also utilises a small fee attached to each purchase and sale which is both distributed amongst existing holders and also put back into its liquidity to ensure additional security.

This is clearly attracting investors, as SSW is rising at a rate of around 10% a day, and some analysts have predicted it will explode by more than 7000% by the conclusion of the presale. However, Seesaw Protocol (SSW) is not a passing fad, as it has an ambitious vision that will see it added to numerous exchanges as it seeks to be a true multi-bridge cryptocurrency. SSW will be introduced on the Ethereum, Polygon, and Binance Smart Chains, allowing holders to transfer value rapidly and cheaply between the three mainstream networks.

Virtual worlds in the metaverse are proving popular with celebrities and major investors alike. Snoop Dogg owns land in The Sandbox, and the chance to be his virtual neighbour was worth $450,000 to one investor. Music stars like Ariana Grande and Justin Bieber have performed in the Metaverse via their own avatars. Virtual real estate firm Republic Realm spent a record $4.3 million on land, and a subsidiary of PricewaterhouseCoopers (PwC) has also acquired land in The Sandbox. Many investors are ready to seize what could be the next big investing opportunity. Seesaw, which has attributes that appeal to investors worldwide, has the potential to yield big returns for those who are able to jump on board early enough.

Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB) rose by 100%, 500%, and over 1000% in 2021 respectively. There is no doubt that the coin’s value has the ability to raise eyebrows and result in a good profit for investment. It will also be less expensive, thanks to plans for a cross-platform NFT marketplace and its multibridge access capability.

Once distribution of tokens happens though, this could be a big sign that this isn’t a crypto scam. Analytics Insight® is an influential platform dedicated to insights, trends, and opinion from the world of data-driven technologies. It monitors developments, recognition, and achievements made by Artificial Intelligence, Big Data and Analytics companies across the globe.

Readers are advised to verify information independently and consult with a professional before making decisions based on this sponsored content. Seesaw Protocol (SSW) 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 3rd and last presale, which is expected to take place on April 8, 2022. In summary, we often search for great what is seesaw protocol crypto gems, taking a look at novelty, unique use cases, the relevance of the project, the problem it seeks to solve, and a host of other parameters. Phase 1 of the token presale ended on Feb 25, 2022, while phase 2 of the token presale ended on Mar 25, 2022, and phase 3 ended on Apr 8, 2022. He works closely with people and businesses in the crypto sphere, writing blog posts, guides, press releases, reviews and ebooks.

The cost of a single SSW went from $0.005 to today’s $0.128 and experts believe the price will grow to $0.55 by early April. 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.

Those who purchased the tokens will profit from everyone who buys and sells them; a portion of all purchases and sales will be returned to the Protocol. Savvy investors should look for new and upcoming cryptocurrencies that have strong foundations and https://www.xcritical.in/ 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.

But don’t worry, readers will learn what cryptocurrencies are and how to invest in existing or current tokens such as SeeSaw Protocol in this post (SSW). Some crypto investors have pointed out a few concerns about the seesaw protocol (SSW) . While it does offer a much needed solution in the crypto world its huge token price crash is of concern. The firm’s Hong Kong subsidiary has acquired digital real estate in The Sandbox (SAND), a game in which players can purchase up to $10,000 worth of digital land. This system and cryptocurrency had one of the most incredibly successful launches in recent crypto history.

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