Is the SeeSaw Protocol SSW crypto a scam?

The coin is now available for short and long term trade after being listed on decentralised exchanges. Ethereum and Filecoin are two more cryptocurrencies that had spectacular presales and have now gone on to become 2 of the top 50 cryptocurrencies. However, there are many reasons to believe that Seesaw Protocol is one to HODL. 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 is provided as general market commentary and does not constitute investment advice.

seesaw protocol token

Solana continues to support hundreds of transactions per second despite recent performance issues. Ethereum , on the other hand, can only process about 13 transactions per second. Matthew Makowski is a senior research analyst and writer at Investment U. He has been studying and writing about the markets for 20 years.

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

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. Seesaw Protocol is the crypto that everyone is talking about because it has had almost a 2250% increase in value since it began in mid-January 2022. The revolutionary crypto has a very powerful vision and arguably, this could be a big part of the crypto’s early success. It aims to educate and invest in the younger generation, in order to teach them how to use the Metaverse’s up-and-coming technology.

During the next few months, Seesaw Protocol may cement itself as an established DeFi cryptocurrency. If the project can attract investors back, then it should recover from this devastating crash. Additionally, it appears the team behind Seesaw Protocol wants to involve the community as much as possible.

Contract Overview

But without additional information, your IP address does not identify you as an individual. Ever since the Shiba Inu developers launched a new burning mechanism on its ShibaSwap exchange, it has gained back major attraction. Shiba Inu took the crypto world by storm in August https://xcritical.com/ 2020 after its launch. Since then it has made its mark in the industry with no signs of slowing down. It is possible that this cryptocurrency could be used as a “donation currency”, whereby Twitter users could donate to other Twitter users they follow and enjoy their tweets.

seesaw protocol token

So far, this has worked in the favour of the crypto coin, given Elon’s proven influence in the market. The coin seems to not be going anywhere, as it plans to deploy cross-chain integrations, with the aims of listing on Uniswap during the third quarter of 2022. Seesaw Protocol shares the same visionary future the metaverse intends to bring to life, especially in the world of education. It is determined to create a more immersive, engaging, and fun way for children to learn in the coming virtual world. SSW’s hype began in February when the crypto market crashed. None of the information on this website is investment or financial advice.

Why Did SSW Crash?

Furthermore, Avalanche is chasing Ethereum in terms of daily transaction count, according to a leading crypto research firm. Messari writes in a new blog post that in the first quarter of 2022, Ethereum had an average of 1.17 million transactions per day. Meanwhile, Avalanche clocked 74% of Ethereum’s average in Q1 and is on track to surpass it in Q2. This is because cryptocurrency holdings are taxed in the same way as any other assets you own, such as stocks and property. If the price surge of over 640% in the first stage of its presale is anything to go by, then it is innocuous to adopt the notion that Seesaw Protocol is profitable.

CryptoRank provides crowdsourced and professionally curated research, price analysis, and crypto market-moving news to help market players make more informed trading decisions. If you’re looking for a set of practical and insightful crypto market information and data, we have the analytics tools to suit your business needs. Solana’s network is designed for the mass market, with a reported capability of 50,000 transactions per second and pricing as low as a fraction of a cent. With the NFT market predicted to reach billions of dollars, Solana might become the industry’s go-to network, establishing itself as the number one smart contract platform. And in the process, allow folks to find the best speeds and lowest fees to carry out transactions. Considering the high gas fees, slow speeds and security issues of some networks, this project has a lot of upside potential.

  • SSW is currently trading at $0.01178, and because the protocol has a lot of potential value and upgrades planned, the price is expected to boom in the near future.
  • Solana continues to support hundreds of transactions per second despite recent performance issues.
  • Cryptocurrency has long been a topic of discussion as to whether the digital payment system can be trusted.
  • It allows you to perform transactions on even the most efficient blockchains, by connecting to the Binance Smart Chain , it closes the gap between Polygon and Ethereum .
  • Every investment and trading move involves risk – this is especially true for cryptocurrencies given their volatility.
  • Long-term tokenholders are rewarded with extra SSW tokens via a regular airdrop feature.

The token’s value increased by 4000% from its initial price of $0.005 to $0.22. Some of the first investors have experienced a massive increase in the value what is seesaw protocol of their cryptocurrency assets. Let’s say just the promise of a multi-chain fully decentralized finance platform were enough to pique your interest.

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Over 1.4 billion tokens have been burnt to date, in over 160 transactions. Due to its state-of-the-art facilities and massive pre Sales Success, Seesaw Protocol has been dubbed the ‘crypto of the future’. The token rose from $0.005 to $0.040 during its pre-sale, and is likely to jump again as it advances its roadmap and starts releasing more features that have piqued the interest of the crypto community. Seesaw holders also benefit from simply holding the tokens in their wallets using token reflection.

seesaw protocol token

So far, 658,345.05 MATIC has been burned in total, according to the Polygonburn website. The analysis states that because Polygon MATIC has a fixed supply of 10 billion, an annualized burn would represent 0.27% of the total MATIC supply. If you lost out on the returns of Solana and Shiba Inu last year, you won’t want to lose out on Seesaw Protocol’s prospective profits . The DeFi project has all the ingredients to be one of the most exciting investments you could make this year, with an ever-increasing price as well as $1 million in liquidity. Solana’s NFT marketplace, Solanart, is growing in popularity, thanks in part to Solana’s low fees. Solana NFTs are currently available for testing on Opensea, the major NFT marketplace.

Undeads Metaverse: Blockchain Gaming Reimagined

The token declined to $0.016 after maintaining a stable trend around $0.46 until mid-April. Of course, the decrease in the crypto finance market volume below $2 trillion and the downward trend in other altcoins in general also had an impact on this. But when we consider the pre-sale price of $0.005, there is still a surprising increase. It was founded in 2017 and has a market value of over $1 billion. Aave allows users to earn interest on their deposited cryptocurrencies.

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. From the current price of $380 to a price projection of $2400 – all by the end of 2030. With an all-time growth of +2000%, SSW has the potential to rank high and sit at the crypto big name’s table by 2025. The price prediction looks very promising with a single SSW utility token possibly reaching a value of $0.50 by the end of the presale, that is, by the 8th of April.

This has included a cryptocurrency crash, a strong industry-wide bear market, the total collapse of Terra Luna and UST, and a tough economy to invest in the cryptocurrency industry. The combination of all these factors has resulted in most cryptocurrencies losing aggressively in the markets. However, some have taken a heavier hit from the cryptocurrency industry’s bear markets than others, and the Seesaw protocol has been one of them. 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. 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 .

In 2017, he became professional crypto and Forex technical analyst for CryptoPolitan and in 2022, he joined InvestingCube.com. If you think there are issues or problems to be corrected on this content, or if you would like to submit your own ICO project to be listed, Please email us. 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. Change the wallet network in the MetaMask Application to add this contract.

Price

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. A project like this will take some time to implement and perfect. And the presale is scheduled to go on until April 8, 2022. So there is still lots of time for this project to come to light before it raises some eyebrows. 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.

The innovative technology behind Seesaw Protocol is comparable to the effect Polygon , and Avalanche have had in the crypto world. Any third-party hyperlinks and banners don’t constitute an endorsement, guarantee, endorsement, warranty, or recommendation by BeInCrypto. Do Your Own Research before using any third-party services or considering any financial action. The percentage of Binance customers who increased or decreased their net position in BTC over the past 24 hours through trading. Visit site68% of retail investor accounts lose money when trading CFD’s with this provider. Kelvin Maina is a computer science graduate who has a passion for cryptocurrencies.

About Seesaw

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.

The team behind this token has opted to maintain anonymity. – in this day and age, keeping the creators of a project secret is less common. The total dollar value of all transactions for this asset over the past 24 hours. 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.

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