Seesaw Protocol Price Prediction: Can SSW Recover from 99% Drop?

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List of all Seesaw exchanges where you can buy, sell, trade SSW coin, sorted by trading volume

There are dozens of intriguing blockchain projects, many of which could provide lucrative long-term returns. However, Polkadot (DOT) and Seesaw Protocol (SSW) strike me as two of the most intriguing. Both seek to bridge decentralised ecosystems and financial services, and both are pursuing aggressive growth strategies that could result in a significant price increase in 2022.

Seesaw Protocol (SSW) Presale Creating Buzz

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Solana’s price increased by over 11,000 percent last year, establishing it as a significant player in the cryptocurrency world. Bitcoin remains a proof-of-work cryptocurrency, which means that mining it is extremely time-consuming and energy-intensive. Before engaging in crypto trading, please consult with a financial advisor to ensure it aligns with your financial goals and risk tolerance. The cryptocurrency landscape is buzzing as discussions around the U.S. government adopting Bitcoin as a strategic reserve gain momentum. However, for a project that has lost 99 per cent of its value in the past few months, the recovery to its previous level is close to zero. Therefore, my long-term outlook for the Seesaw protocol is a continued trade to the downside.

Analysts predict it could achieve this in 2022, as crypto customers seek better rates and speeds for their transactions. Some of the top-ranked DeFi assets have endured a tough start to 2022, including Terra (LUNA) and Fantom (FTM). A major new DeFi release that could be a game-changer for the crypto sphere is Seesaw Protocol (SSW). Furthermore, there is zero mention on the Seesaw Protocol crypto token’s website about burned tokens.

Additionally, purchasing SEESAW tokens will give you access to exclusive features on the Seesaw platform, such as advanced analytics and reporting tools. Finally, holding SEESAW tokens gives you voting rights over the protocol’s governance decisions. However, like its Metaverse rival MANA, SAND has rebounded and increased by more than 23% over the past 7 days. The starting trading price of the coin is set at $0.005, while BNB, BTC, ETH, BCH, LTC, DASH, DOGE, USDT (ERC20-TRC20), and many others are allowed as the purchase currency. Get the most profitable fully licensed fx/crypto brokerage software or ready-to-operate business in 48 hours. Best-in-class web & mobile trading platforms, sales-driven CRM, full integration with MT4/5, and 150+ payment providers.

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Meanwhile, Seesaw Protocol (SSW) has just entered its presale stage. Like Fantom (FTM), Seesaw Protocol (SSW) offers a multi-bridge, fast, secure, and cheap way to transact, improving upon the likes of Solana (SOL) and Polkadot (DOT). For these reasons,  Fantom (FTM) and Seesaw Protocol (SSW) are two cryptocurrencies with huge potential for 2022. Seesaw traders use a variety of tools to try and determine the direction in which the SSW market is likely to head next.

Its users will be able to use SSW to carry out cross-chain swaps from blockchain to blockchain. High fees and congested networks can be avoided and make the process of, for example, buying NFTs easier, cheaper, and quicker. Seesaw is a multi-chain decentralised, non-custodial ecosystem of Defi products, protocols and use cases. The platform is capable of running in almost all smart-enabled blockchains, including Binance, Polygon and Ethereum. Presale stages are when the native utility token, SSW, is sold on the platforms at a lower price than the one it will be offered on the market, meaning that you get more for what you invest in.

The SSW Protocol aims to be a cryptocurrency designed to bridge multiple blockchains, solving a vital interoperability issue in a new area. Its creators claim SSW will be able to merge Binance Smart Chain with Ethereum and Polygon . We’ve all heard of currencies like Bitcoin , Ethereum , and even Dogecoin . If you do not know what is SeeSaw Protocol, we recommend you read this article. Without an incentive, no one will mine the blocks, and the system would fail as a whole.

Currencies that are positively correlated with Seesaw indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with Seesaw, a move in one direction for Seesaw would translate into a move in the opposite direction for the negatively correlated coin. Yeah let that sink in and now think that getting in early might result in fab profits. The cost of a single SSW went from $0.005 to today’s $0.128 and experts believe the price will grow to $0.55 by early April.

  • Once distribution of tokens happens though, this could be a big sign that this isn’t a crypto scam.
  • Currently, the Seesaw Fear & Greed Index stands at 77, which means that investors’ sentiment is in the so-called Extreme Greed zone.
  • For some exchanges there is depth percent it shows how much liquidity is available, live bids 2% up or down from the current price.
  • Get the most profitable fully licensed fx/crypto brokerage software or ready-to-operate business in 48 hours.
  • Find more about the most anticipated crypto projects by browsing through our list of top crypto presales.

The Sandbox, and its native token SAND, have a well-established community and several endorsements from the world of celebrity. Snoop Dogg is a big proponent of the Metaverse and is collaborating with The Sandbox to release a series of avatars. In the few years since FIL launched at $4.58, it has seen huge rises, up to its current all-time high of $237. Seesaw Protocol (SSW) will hope to emulate these price increases, and the first stage of the presale showed that this could be a possibility.

And this helps ensure that the developers won’t redeem liquidity pool tokens. We’d love to build a decentralized exchange where it would be possible to buy any crypto we want with a credit or debit card. One where we could yield farm, stake and swap to our heart’s content. In other words, mere plans do not necessarily equal real world results. According to its creators, SSW’s platform enables users to conduct cross-chain swaps at the best possible rates using multiple solutions. Seesaw Protocol (SSW) is the logical next step in the evolution of cryptocurrencies, providing a multi-bridge DeFi and NFT marketplace.

We really hope it pans out and some of those early investors are rewarded for their trust. That is if Seesaw Protocol crypto still exists when the presale comes to a close. Although, Solana does come with a higher risk, so keep that in mind before making a purchase. Ethereum, the second most popular cryptocurrency, is the primary competitor to Bitcoin. While the two cryptocurrencies are similar in many ways, Ethereum outperforms Bitcoin in several critical areas. While Bitcoin is still the most popular cryptocurrency at the moment, Ethereum (ETH), Solana (SOL), and Seesaw Protocol (SSW) may outperform it in terms of rate of return in 2022.

Currency.com is a global cryptocurrency exchange platform that allows you to trade crypto and other assets. Then, investors will be able to withdraw their tokens onto a BEP-20 compatible wallet. The marketing team behind the Seesaw Protocol crypto token has been busy this past month. Since launching in January of this year, the operation’s Twitter feed has quickly amassed a couple thousand followers.