The start of the new year is a popular time to release new cryptocurrencies. The boom of 2021 for almost all major coins including Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE) signaled a historic bull run. The total market cap for all of crypto combined touched a record $3 trillion during 2021.
Unfortunately for the vast majority of crypto investors, 2022 has not followed this trend. There has been a downtrend for almost all of the market over the first few weeks of the year. Some tokens are beginning to rally but Bitcoin remains 17% from the start of 2022 and Ethereum has dropped more than 27%. New releases have obviously proved immune from these downwards market forces. Projects like Seesaw Protocol (SSW), which is creating a huge amount of buzz, will look to capitalise on this mini rally and launch into another bull run.
A very recent new release to buck the trend of the January dip was Lucky Block (LBLOCK). LBLOCK was launched on the 26th of January after a successful presale period. Over 8 million LBLOCK tokens were sold in the presale period to more than 9000 holders, raising a total of nearly $6 million.
Lucky Block (LBLOCK) offers a crypto-infused take on a traditional lottery. As the LBLOCK lottery takes place on the blockchain, there are no geographical or fiat currency barriers to entry. This makes it accessible to anyone with an internet connection, and as a result, the prizes can be bigger and doled out more frequently. The creators behind Lucky Block want to provide a more transparent and egalitarian lottery experience, and claim existing lotteries are driven by profit and have the potential to be corrupted.
After its launch, the price of LBLOCK went through the metaphorical roof. It was launched at $0.000208 and on the 29th of January reached its current all-time high of $0.003135. In a span of fewer than 3 days, LBLOCK increased by a sizeable 1400%.
Seesaw Protocol (SSW) has similar, if not more, potential to succeed. Its presale is just over a week old and has already seen a price increase. It began at $0.005 and the time of writing is at $0.16736, an uptick of 234%. Given that there are still 9 weeks remaining in the presale, should this current trend continues the price of SSW at launch could be significantly higher. Extrapolated over the entire 10-week presale, Seesaw Protocol (SSW) could in theory already have increased by 2000% by the time it launches to the public.
In addition to this, the creators behind Seesaw Protocol (SSW) have offered bonuses for presale investments:
The unqualified success of Lucky Block (LBLOCK) could serve as a sign for those who missed out to invest in Seesaw Protocol (SSW). LBLOCK has dipped 31% since its all-time high but is still almost 500% up on its launch price. Following its early presale success, Seesaw Protocol is showing all the signs of being the next new cryptocurrency to explode.
Enter Presale: https://presale.seesawprotocol.io/register
Website: https://seesawprotocol.io/
Telegram: https://t.me/SEESAWPROTOCOL
Twitter: https://twitter.com/SEESAWPROTOCOL
Instagram: https://www.instagram.com/seesaw.protocol
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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.