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

It will be used on the Binance Smart Chain , Polygon , and Ethereum blockchains in the future. The Seesaw Protocol has been praised for developing multi chain Swap with minimal fees. Avalanche Like Ethereum , is built to host dapps, which are self-executing computer programs that are stored on the blockchain.

Any terms and conditions entered into by contributors in respect of the acquisition of Tokens are between them and the issuer of the Token and ICOholder is not the seller of such Tokens. Liquidity is locked by delivering liquidity pool tokens to a time-lock smart contract and relinquishing ownership for a set length of time. Developers will not be able to recover funds from the liquidity pool unless they own LP tokens. In April, when the protocol was being offered in presale, there was a lot of optimism that the project would continue its growth throughout the year. Naturally, many investors were willing to pay a king’s ransom to get their hands on the project. From the beginning of 2022, the decrease in ETH’s price was 20% and the decrease in BTC’s price was 17.5%.

How do I know Seesaw Protocol (SSW) is not a scam?

Again, this year, the decrease in ETH’s market value was 19%, while the decrease in BTC’s market value was 14.7%. Despite all these negativities, the coins that managed to rise are seen as the coins of the future by many investors. TheNewsCrypto is an online media publication that helps to educate readers about news, exchanges, and markets in the crypto and blockchain industry. Avalanche , Polkadot , and Dogecoin were all huge success stories in 2021, but the holders who made the most money were the early adopters.

But that doesn’t mean there isn’t reason to be somewhat skeptical. 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 what is seesaw protocol equal real world results. A sample of transactions in the wallet will be promised back to the auxiliary credentials. In simple terms, this means that the audit of Seesaw Protocol is likely to be completed after its launch or once the pre-sales have ended when the transactions come into fruition.

Avalanche , Algorand and the Seesaw Protocol are three examples. These assets have a low market cap but play a significant role in the crypto ecosystem. Seesaw Protocol has been attributed to its transformative goals, contributing to its skyrocketing presale price. Seesaw Protocol , according to its White Paper, aims to connect all other blockchains, including the Binance Smart Chain , Polygon , and Ethereum , to allow users to use whichever blockchain network they want. It’s not common for cryptocurrencies to achieve widespread interest and excitement before being released. In fact, it’s become such a rarity in the highly competitive crypto market that the last presale to have such an effect on the community could have easily been Ethereum .

  • The claim here is that it will launch on PancakeSwap on the Binance Smart Chain.
  • Always do proper research when dealing with pre-sales of currencies and tokens.
  • But, regrettably, this is the situation as it now stands today.
  • This might imply a bull market run for Solana , so it isn’t entirely out of sight.
  • Please also note that data relating to the above-mentioned cryptocurrency presented here are based on third party sources.
  • The market has been grossly unpredictable in the past few months.
  • Market cap is calculated by multiplying the asset’s circulating supply with its current price.

This offer is based on information provided solely by the offeror and other publicly available information. The token sale or exchange event is entirely unrelated to ICOholder and ICOholder has no involvement in it . Token sales listed from persons that ICOholder has no relationship with are shown only to help customers keep track of the activity taking place within the overall token sector. This information is not intended to amount to advice on which you should rely. You must obtain professional or specialist advice or carry out your own due diligence before taking, or refraining from, any action on the basis of the content on our site.

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If the project can attract investors back, then it should recover from this devastating crash. Seesaw Protocol is a multichain, noncustodial ecosystem of DeFi products and services running on the BNB Chain, with future plans to run on Ethereum and Polygon as well. Users will be able to use SSW to connect between the three blockchains to find the quickest and most reliable network at any given time. With its decentralized blockchain system and fast transaction times, ApeCoin stands to revolutionize the world of crypto trading by offering users ease, security, and profit.

seesaw protocol crypto

The SSW token’s value has risen by more than 2,000 percent in only seven days. None of the information on this website is investment or financial advice. Cryptomod is not responsible for any financial loss arising from acting on the information provided by its authors or customers on this website. – in this day and age, keeping the creators of a project secret is less common. Seesaw Protocol is available to purchase now; the first stage of presale ends on February 25, 2022, in which a second stage will shortly commence. Sales are up until the 3rdand last presale, which is expected to take place on April 8, 2022.

Why Did SSW Crash?

SSW will bridge popular blockchains filling an important gap in the market. It’s also important to have a look at the tokenomics of SSW – the native cryptocurrency of the Seesaw Protocol ecosystem. The first phase of its pre-sale ends on February 25th, and the expected tokens to sell are 178,200,000. During the second phase, there will be 89,000,000 SSW tokens to sell, and during the last phase – 29,7000,000.

seesaw protocol crypto

Aave also has its own native token, called LEND, which is used to pay transaction fees on the network. LEND tokens can also be staked to earn a higher interest rate on deposited funds. Seesaw Protocol was officially launched on April 8, and the token’s popularity made headlines in the crypto community. The native token of the protocol, SSW, is currently listed on Pancake Swap , one of the world’s largest decentralized exchanges . In addition, it can be purchased from the project’s own SeesawSwap platform. Seesaw Protocol is up 3244% since its pre-sale in January, at the time of writing.

The CoinCodex Cryptocurrency Price Tracker

Links provided to third-party sites are also not under Binance’s control. Binance is not responsible for the reliability and accuracy of such third-party sites and their contents. Since its introduction, one of the most talked-about public blockchains has been Solana . Digital assets are taking over charity causes, and crypto is a big part.

seesaw protocol crypto

It was designed by software programmers Billy Markus and Jackson Palmeras as a parody of Bitcoin to introduce the general public to the cryptocurrency sector. An excellent method to convince people that Bitcoin doesn’t have to be all that serious, considering the history of ambiguity and distrust around it. Following the rapid sell-off in other cryptos, it’s good news for those invested in Solana . Coinbase Wallet now supports SOL and other Solana-based cryptocurrencies. This might imply a bull market run for Solana , so it isn’t entirely out of sight.

Find out more about the Seesaw Protocol (SSW) here:

At the moment, Solana’s “wormhole bridge” only connects its blockchain to Ethereum. Seesaw Protocol will create a multi-bridge DeFi and NFT marketplace using multiple solutions at the best possible rates. Seesaw Protocol aspires to be a cryptocurrency designed to bridge multiple blockchains, solving an important interoperability problem within the emerging field.

When the presale ended and the token launched on PancakeSwap on April 8, the price rose a large amount. The tokens bought in the presale were vested for two weeks to sustain platform liquidity. Financial market and cryptocurrency trading and investing carry a high degree of risk, and losses can exceed deposits. Any opinions, news, research, analysis, prices or other information contained on this website https://xcritical.com/ is provided as general market commentary and does not constitute investment advice. Unlike these other cryptocurrencies, however, ApeCoin also offers an interesting profit-sharing mechanism that allows users to earn dividends based on the number of coins they hold in their digital wallets. This profoundly impacts the market value of the coin by increasing interest from investors and users alike.

All transactions on the network are subject to a 3% fee, which is then redistributed to holders of SSW. Due to its decentralization, the protocol is, according to its creators, safe from forks. Uses it proof-of-stake system in which miners update the blockchain with their own coins, with its miners chosen at random. This means that entities with lots of coins don’t have a lot of power over the network. All transaction fee Avalanche is also “burned” on the network, meaning tokens are sent to an inaccessible wallet and removed from circulation.

What is Seesaw Protocol?

During Q2, the team should also roll out the Seesaw multi-chain bridge and swap function and the cross-chain deployment for Ethereum and Polygon in the third quarter. This is also when the project is expected to launch on Uniswap. According to analysts at ReportLinker, the global nft market The growing demand for digital art is expected to grow at a compound annual growth rate of 35% to $147 billion by 2026. Do you want a cryptocurrency that is affordable and has massive long-term growth potential?

Because there may be time differences in information updates, accurate information about each ICO project should be verified through its official website or other communication channels. Cointelegraph does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company.

Is There A Future For The Short Story?

Even though other cryptocurrencies have fluctuated, SSW has maintained its upward trajectory since January. Seesaw Protocol is following in the footsteps of several well-known cryptocurrencies that surprised consumers during the presale stage, such as Filecoin and Tether . While crypto is still in the early stages of realizing its full potential, some of the industry’s most valuable assets are already enormous.

Binance Coin (BNB), Helium (HNT), and Orbeon Protocol (ORBN) lead market gains

It never feels satisfying to own a cryptocurrency with endless numbers after the decimal point. Memes have become so popular that they’ve spread into the currency world. Dogecoin is a well-known example of this — a token based on a famous meme from 2013.

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