Attempts can be made to predict where the cryptocurrency market is headed, and whether or not a pattern is emerging as we begin the second quarter of 2022. As we all know, spring can bring out the best of everything that gets blessed with beautiful sun rays.
Over the course of its presale, Seesaw Protocol (SSW) has drawn attention for a number of reasons, including its rapid rise in popularity, and its aspirations for the future which were always to strive within the crypto industry.
Seesaw Protocol (SSW) and Ethereum (ETH), which are about to receive a major upgrade, both have ambitious goals and plan on having beneficial impacts on cryptocurrency consumers, improving their overall user experience. Let's take a look at these two platforms.
Seesaw Protocol has just begun its live market journey on the PancakeSwap (CAKE). PancakeSwap is a decentralized exchange (DEX) that has been operational and successful for some time. After a solid presale, the price of SSW climbed to $0.46 then tumble on the day of its official release.
It is possible that the $19,000 worth of tokens purchased by the Seesaw Protocol team, through their marketing wallet, has contributed to the huge 180% increase in SSW in the last week. As a result, these SSW tokens have been transferred to the burn wallet, which will now reduce the overall availability of SSW tokens, hence increasing the value of each individual token. That is good news for those who are holding.
A completely Decentralised Financial Infrastructure (DeFi) and multichain platform, Seesaw Protocol allows you to swap, farm, and leverage your SSW coins for a variety of other benefits. Seesaw, which was initially launched on the BNB blockchain, will now expand its network reach by becoming available on the Ethereum (ETH) & Polygon (MATIC) blockchains, as well. Investors will then be able to use their SSW tokens to bridge across the three networks, allowing them to identify the most optimal and cost-effective platform for their requirements.
Seesaw Protocol, which is now well-established in the cryptocurrency realm, is expected to witness a surge in price for the remainder of 2022, as analysts state that new investors are currently pouring money into the project. SSW has already reached a price of $0.46, indicating that right now maybe one of the greatest times to invest in the stock.
This week's start hasn't been ideal for cryptocurrency traders and aficionados around the world as the price of Ethereum (ETH) dropped below the 3000 USD mark, leaving investors unhappy but still hopeful that the second-largest digital currency can resurge and deliver once again.
Ethereum (ETH) has always been the second most prominent cryptocurrency in the world, and it has had a significant impact on the cryptocurrency sector as a whole.
Ethereum's massively expensive gas fees, combined with its incapability to scale transactions, have made it vulnerable to competitors, specifically Solana (SOL) – dubbed the "Ethereum Killer", which boasts the ability to scale a large number of transactions at a rapid pace while charging a bare minimum in gas fees.
The 28 years old entrepreneur Russian national, Vitalik Buterin, co-founder of Ethereum, has taken notice of the problems with the network and teased the release of Ethereum 2.0, a major upgrade that will make the network more scalable, safe, and overall more appealing to venture capitalists.
At the time of publishing, ETH is up +0.09% and sold at $2.2865.17
Find out more about Seesaw Protocol (SSW):
Website: https://seesawprotocol.io/
Telegram: https://t.me/SEESAWPROTOCOL
Twitter: https://twitter.com/SEESAWPROTOCOL
Instagram: https://www.instagram.com/seesaw.protocol
Disclaimer: The information provided in this article is solely the author's opinion and not investment advice – it is provided for educational purposes only. By using this, you agree that the information does not constitute any investment or financial instructions. Do conduct your own research and reach out to financial advisors before making any investment decisions.
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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.