Cryptocurrency

Sensational Seesaw Protocol (SSW) launches on CoinMarketCap as Litecoin (LTC) and Stellar (XLM) are on the up

Market Trends

Seesaw Protocol (SSW) has had its SSW token listed on both PancakeSwap (CAKE) and Seesaw Swap

It's difficult to not mention them at the moment because Seesaw Protocol (SSW) is thriving at the minute.

As a new cryptocurrency, Seesaw is setting an example of how the new kid on the block can still have an impact so early on in their journey.

The likes of Litecoin (LTC) and Stellar (XLM) are some of the more traditional cryptocurrencies within the industry and despite recent dips and stagnation, fortunes could soon change.

Seesaw Protocol (SSW) continues to defy expectations

Despite achieving a record-breaking presale where sales of the SSW token went north of over 8,000%, Seesaw Protocol (SSW) was continually doubted and every time the project has come back and proved its doubters wrong.

Following its long-awaited launch this past Friday, Seesaw Protocol has risen 100% in the first 24 hours and has surged to a valuation of $0.45, at this time of writing, an incredible rise from its presale starting price of $0.05.

Seesaw's potential is off the charts as other coins that have also had incredible presales including Filecoin (FIL) and Ethereum (ETH) are established top 50 cryptos, with the latter being the longstanding second-biggest cryptocurrency in the world, according to data from CoinMarketCap.

As a fully decentralised multi-chain platform, Seesaw Protocol (SSW) has had its SSW token listed on both PancakeSwap (CAKE) and Seesaw Swap with plans to list SSW on Uniswap (UNI) later this year.

Litecoin (LTC) could be ready for a return to the big time

Despite Litecoin (LTC) not looking like it may make a big run at this moment in time, there are irons in the fire for the veteran cryptocurrency.

Litecoin benefitted from the altcoin boom of 2021 setting its all-time high (ATH) of $410.26 but has since declined massively, trading at $106.99, at this time of writing, in what is a 73.9% decline from LTC's ATH.

While the crypto has suffered of late, suffering a dip of over 13% in the past seven days, Robinhood's activation of 20 million crypto wallets has enabled users to move their LTC from Robinhood to external virtual wallets.

Experts remain high on Litecoin with some experts suggesting that LTC will reach $260 by the end of 2022.

Stellar (XLM) plans to reward users with NFTs for solving quests

It's been a month of decline for the cryptocurrency as Stellar (XLM) stays miles away from ever reaching its all-time high of $0.875563 again.

Stellar's last time reaching that record-breaking figure was back in January 2018, making it over four years since Stellar made that much progress.

While progress on the crypto side of things may not be moving as fast as the team would want, they've begun working on other aspects of their network including rewarding its network users with NFTs for solving tricky quests.

Through Stellar Quest Learn, the network's game-based educational experience, difficult quests that are solved by users will produce the gifts of NFTs.

According to Trading Beasts, Stellar will reach a price of $0.4042034 by the end of 2024.

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