What is SeeSaw Protocol: Everything You Should Know About SSW

Cryptocurrency is a volatile market; do your independent research and only invest what you can afford to lose. New token launches and small market capitalization coins are inherently more risky than large cap cryptocurrencies. Let’s say just the promise of a multi-chain fully decentralized finance platform were enough to pique your interest. So you head to the registration form and trade some of your hard earned Ethereum, Bitcoin, Litecoin, Polkadot or whatever for the hope of some Seesaw Protocol crypto tokens in the future. And in the process, allow folks to find the best speeds and lowest fees to carry out transactions.

seesaw crypto

Please do your own research on all of your investments carefully. Scores are based on common sense Formulas that we personally use to analyse crypto coins & tokens. Past performance is not necessarily indicative of future results.

What is SeeSaw Protocol: All You Should Know About SSW

Its creators claim that they have reduced transaction speed to under two seconds, and they aim to build a rival platform to Ethereum. Analysts predict it could achieve this in 2022, as crypto customers seek better rates and speeds for their transactions. NFTs and the Metaverse have exploded into the public consciousness with the celebrity endorsements and the rebrand of Facebook. DeFi, or decentralized finance, puts the groundwork to revolutionize finance behind the scenes. The goal of DeFi protocols is to take power and control away from existing financial institutions and banks and put it into the hands of the people.

It benefits holders because fees are shared among existing SSW holders, so the longer you hold, the more tokens you will have. With a relatively small investment, it can lead to significant future profits. 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 (BNB) with Ethereum (ETH) and Polygon (MATIC).

Seesaw Price & ROI on this Date

Considering the high gas fees, slow speeds and security issues of some networks, this project has a lot of upside potential. The market cap of tokenized public securities is $345 million, according to Dune Analytics data, a sliver of the 1 trillion wider cryptocurrency market. Those tokens have seen 2.3% growth over last 30 days, lagging bitcoin’s rise of about 10% over the same period. Trading and investing in digital assets is highly speculative and comes with many risks. The analysis / stats on CoinCheckup.com are for informational purposes and should not be considered investment advice. Statements and financial information on CoinCheckup.com should not be construed as an endorsement or recommendation to buy, sell or hold.

He works closely with people and businesses in the crypto sphere, writing blog posts, guides, press releases, reviews and ebooks. With XRP’s current price of just $0.81 some may believe that it may be undervalued but only time will tell. Following its much anticipated release, Seesaw witnessed a rise of 100% the initial 24 hours and surged to a valuation of $0.41 as of this writing, an incredible surge. As a latest crypto asset, Seesaw is setting up example of how this new kid in on the block can still put influence so early on in their path.

Seesaw Price Live Data

Shiba Inu (SHIB) is a good example of a cryptocurrency that has experienced several huge crashes and is still going on strong. The Seesaw protocol is a decentralized, multi-chain, noncustodial ecosystem of Defi products, protocols, and services. The likes of Stellar (XLM) and Litecoin (LTC) are among the some conventional crypto assets within sector and in spite of stagnation and dips, fortunes might take a turn soon. Those who bought tokens will earn on everyone who buys and sells them, while part of all purchases and sales are returned to the protocol. The value of your entire portfolio will rise if the volume of transactions is high.

seesaw crypto

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. So far, we have yet to see anything in place that suggests Seesaw Protocol crypto and the project it aims to fuel will actually take place.

Seesaw Protocol Crypto: Is There Reason to Be Wary?

Seesaw Token deployed to Binance Smart Chain and will also be deployed on Polygon and Ethereum. Terra (LUNA) increased by a whopping 12,500% in 2021 and reached a new all-time high of $103.33 in December. At the time of writing, it is over 50% down on its ATH and almost 20% down in the last 24 hours. – in this day and age, keeping the creators of a project secret is less common. Until that happens, 500%, 1,000% or 50,000% gains in value equal diddly squat. Once distribution of tokens happens though, this could be a big sign that this isn’t a crypto scam.

  • Hurdles remain, with market participants also pointing to, among other things, the need for larger trading pools.
  • Holders of these and many other coins saw exponential growth in their portfolio.
  • It includes the collapse of the cryptocurrency, a massive industry-wide bear market, the complete collapse of Terra Luna and UST, and a challenging economy to invest in the crypto industry.
  • Analysts predict it could achieve this in 2022, as crypto customers seek better rates and speeds for their transactions.
  • But that doesn’t mean there isn’t reason to be somewhat skeptical.

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. Cryptocurrency has long been the debate about whether a digital payment system can be trusted. From the absence of centralized central banks to creating such a currency using a mining process, much remains to be understood by investors and the public today. Seesaw Finance is a multi-chain, decentralized, non-custodial ecosystem of DeFi products, protocols, and use cases.

Seesaw Price Chart (USD)

With 2022 looking set to be another massive year in the world of cryptocurrency, it will be interesting to see how projects like Ripple (XRP) and Seesaw Protocol (SSW) play out. Almost every single seesaw crypto cryptocurrency reached its all-time high in the year of 2021. Market leader Bitcoin BTC/USD topped out at just under $70,000 whilst its understudy Ethereum ETH/USD rose to an impressive $4,878.26.

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Posted: Fri, 18 Mar 2022 07:00:00 GMT [source]