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Given the flood of new cryptocurrencies, it's difficult to know where to invest next. To compete with Bitcoin (BTC) or Ethereum (ETH) as the dominant cryptocurrencies, any new cryptocurrency must offer enhanced utility and demonstrate value in the real world.
Stellar (XLM), Seesaw Protocol (SSW), and Fantom (FTM) are attempting this and maybe the most likely cryptocurrencies to experience huge price growth in 2022. Let's take a look at what makes these three cryptocurrencies unique and how they could potentially earn you millions.
Seesaw Protocol (SSW) has increased over 2000% in value since its launch in January 2022, jumping from $0.005 to over 0.115. Given that it is only halfway through its presale, some analysts believe that SSW could easily increase by another 2000% to 3000% by the time it officially launches on April 8th.
Investing now could result in significant gains, and due to the fact that Seesaw Protocol is still in presale, its value cannot fall. This may instill some confidence in nervous investors, particularly given the current political climate surrounding Russia.
According to seesawprotocol.io
Apart from its continued presale success, SSW provides real-world utility by bridging Binance's Smart Chain (BSC), Polygon (MATIC), and Ethereum (ETH) – allowing holders to exchange value quickly and cheaply between them.
Additionally, Seesaw Protocol's team wishes to make education accessible through the Metaverse, which, if successful, could increase its value.
The sole purpose of Stellar is to simplify the process of trading digital assets. What differentiates Stellar from other cryptocurrencies is that its primary purpose is to act as a medium of exchange.
Consider the following scenario: you are a US dollar native and wish to make a payment in euros to someone. Historically, this has required a wire transfer, which is both time-consuming and expensive. However, using Stellar (XLM), this transaction can be completed almost instantly and at a very low cost.
This is accomplished by taking your US dollars, efficiently converting them to euros, and then transferring the funds to your recipient. Stellar (XLM) accomplishes this in a fraction of a second.
While this is quite useful, it represents only a small portion of Stellar's potential utility. Additionally, anyone can create their own "value token" using Stellar. As a result, a token can represent any fiat currency, cryptocurrency, loyalty points, gift cards, or even physical objects such as apples or diamonds.
Fantom is currently following a pattern similar to that of other layer-1 projects. Bitcoin (BTC) and Ethereum (ETH) prices have soared in the short term, but this has resulted in high gas fees and lengthy transaction times. Fantom's (FTM) transaction fees are significantly lower than those of Ethereum or Bitcoin, and transaction speeds are significantly faster.
Fantom's number of DeFi projects on the blockchain is also steadily increasing. Certain developers are choosing to host their solutions on less expensive networks. This is evidenced by Fantom's impressive increase in Total Value Locked (TVL) over a relatively short period of time.
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.
