As we start the second quarter of 2022, we can attempt to guess where the cryptocurrency market is going and try to see if a pattern emerges, but no matter how much data you collect, you must always be prepared for the unexpected.
NEAR Protocol (NEAR) and ApeCoin (APE) may be on many people's crypto wishlists due to their outstanding success. The latter already sits comfortably within the top 50 largest cryptocurrencies despite having been in existence for less than a month.
Seesaw Protocol (SSW) might very well be added to that list, as the newly-listed cryptocurrency has had a whirlwind few months, with an 8,000% spike from the start of its presale to its introduction this past Friday.
If Seesaw Protocol (SSW) didn't entice you during its record-breaking presale, then its launch must have done the trick.
Rising 100% in the first 24 hours of its launch was a huge statement, demonstrating that Seesaw's growth was ongoing and not just a 'presale phase.'
The multi-chain bridge, which will allow users to swap tokens between the blockchains of Ethereum (ETH), Polygon (MATIC), and Binance Smart Chain (BSC), is already listed on PancakeSwap (CAKE), one of the world's leading decentralised cryptocurrency exchanges, and is also available to buy on Seesaw Swap.
SSW is trading at $0.45 at the time of writing. However, it was previously priced at $0.05 at the start of its presale, demonstrating a remarkable surge to prominence for the project.
So far, NEAR Protocol (NEAR) should be considered one of the coins of 2022. NEAR has increased by 64.5 % in the last month after increasing by 152.2% in the previous year.
NEAR achieved its all-time high (ATH) of $20.44 in January 2022, and while it has since fallen to a value of $17, NEAR's recent gain of 5% in the last 24 hours demonstrates its potential.
Many cryptocurrency experts are bullish on the decentralised application (dApp) platform that employs the proof-of-stake (PoS) idea, with Wallet Investor projecting NEAR would reach $63 by 2026.
ApeCoin (APE), a cryptocurrency project from the producers of the NFT collection Bored Ape Yacht Club, has already made a major impact on the crypto market despite being just a month old.
The cryptocurrency, which was launched on the Ethereum network, uses a proof-of-work (PoW) consensus process and will be used as in-game currency for a play-to-earn (P2E) blockchain game that will be published later this year.
APE surged onto the market, achieving an all-time high of $17.17 only two days after its formal launch. At the time of writing, APE is trading at $12.83 up 15% in the last week. Its link to BAYC surely adds value to the coin, with one crypto expert forecasting APE might hit $50 by the end of the year.
Website: https://seesawprotocol.io/
Telegram: https://t.me/SEESAWPROTOCOL
Twitter: https://twitter.com/SEESAWPROTOCOL
Instagram: https://www.instagram.com/seesaw.protocol
The information posted in the article is for educational purpose only. By using this, you agree that the information does not constitute any investment or financial advice. 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.