Cryptocurrency

Is Shiba Inu (SHIB) Still Worth It or Will Seesaw Protocol (SSW) Make More Money?

Market Trends

There is no doubt that an investment in cryptocurrency could result in life-changing wealth. You only have to look at the total combined market cap (currently $1.92 trillion) to see the vast sums of money involved in crypto. All of the top 20 cryptocurrencies have a market cap of at least $8 billion each, and almost every single one of these coins has wildly increased over the past year.

Meme coins are famous, infamous, much-mocked, and highly volatile. The biggest meme coins, notably Dogecoin (DOGE), Shiba Inu (SHIB), Dogelon Mars (ELON), and Floki Inu (FLOKI), are well-known throughout the crypto-sphere. Investors are always on the lookout for the next successful cryptocurrency project. One that has got people talking is Seesaw Protocol (SSW).

Does Shiba Inu (SHIB) Still Have Room to Grow?

Shiba Inu (SHIB) is the second biggest meme coin and the 14th largest cryptocurrency overall. SHIB was by far the most successful cryptocurrency in 2021 when defined by price increase. Having started the year at $0.000000000119, it somehow exploded by a whopping 74,000,000% to hit its current all-time high of $0.00008845.

Since this heady height in October of 2021, SHIB has fallen a long way. At the time of writing, it is 70% down from its ATH and has struggled to recapture the viral momentum that saw it rise to become a major crypto player.

What does 2022 have in store for Shiba Inu? Some experts have suggested that the meme coin 'fad' is coming to an end and they will never be able to get back to where they once were. Dogecoin (DOGE) and Shiba Inu remain in the top 15 cryptocurrencies and have at times very recently threatened the top 10.

The call of the death of meme coins may be premature but recent prices have been consistently trending downward since the turn of the year. SHIB has decreased by 40% since early January, but as is the case with meme coins, the occasional spike in price has kept investors coming back for more.

How Far Will Seesaw Protocol (SSW) Price Increase?

A new cryptocurrency, yet to be launched to the general public but available to buy on presale, is Seesaw Protocol (SSW). It has already increased by over 2000% and with 5 weeks remaining of its presale, it is nowhere near finished. It has been claimed by multiple new sources that SSW could continue to increase until it reaches the $0.4-0.45 mark, meaning that investing now would still be considered early.

In direct contrast to Shiba Inu (SHIB), SSW has multiple utilities. Firstly, as a tool to enrich education in the Metaverse, Seesaw Protocol wants to bring new teaching techniques to the disadvantaged and perhaps previously inaccessible youth of the world.

Secondly, SSW will act as a multi-chain bridge between the biggest blockchains. It will launch on the Binance Smart Chain before bridging both the Ethereum (ETH) and Polygon (MATIC) Networks. Fees can be notoriously high on the Ethereum Network specifically and SSW can help crypto users navigate this, as well as avoid congestion that all too frequently plagues blockchains.

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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.

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