Seesaw Protocol SSW Surges on Launch While Big Market Whales like Solana SOL and Ethereum ETH Fail

Apart from writing, he actively nurtures hobbies like sports and movies. 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.

Token launch allocation will be determined after presale ends. This week, the “Aid for Ukraine” campaign debuted, allowing people to make charitable contributions and provide a helping hand to the Ukrainian people. The Ukrainian government has received a contribution of almost $40 million dollars in cryptocurrency.

What is Seesaw Protocol?

Its creators claim that SSW is going to bridge the Binance Smart Chain with Ethereum and Polygon . Always do proper research when dealing with pre-sales of currencies and tokens. The information above does not constitute investment advice by Cryptomod or its team, nor does it represent the views of the website or its employees. At one time they were worth less than a cent, but now their widespread success has caused the prices of Bitcoin and Ethereum to skyrocket into the thousands.

seesaw protocol crypto

The innovative technology behind Seesaw Protocol is comparable to the effect Polygon , and Avalanche have had in the crypto world. Don’t let it slip off your hands; as with cryptocurrencies, if you want to make it big, you’ll have to get the timing right. Knowing when to get in and get out is key for a successful trader. Avoid missing out on lucrative opportunities by procrastinating for too long. Join SSW shareholders in the air as they shoot to the moon on jetpacks that have all the juice to land you safely on golden craters. Upwards of more than 70,000,000 times more significant than when it began in 2021, SHIB has reached its all-time peak.

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Unless you have truly endowed your time into gaining knowledge of the mechanisms of cryptocurrency, it is likely you will always have doubts. 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. Market cap is calculated by multiplying the asset’s circulating supply with its current price. The percent change in trading volume for this asset compared to 7 days ago. The percent change in trading volume for this asset compared to 24 hours ago. Seesaw Token can be swappable between multiple chains with almost 0% commission.

seesaw protocol crypto

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. In 2021, we saw many coins gain in value thanks to the mobility and popularity of NFTs. However, this rise seems to have turned into a continuing decline in late 2021 and the first quarter of 2022. Below, I will talk about three cryptocurrencies that have maintained their upward trend in the last three months, ApeCoin , Aave and the Seesaw Protocol , which has achieved a successful uptrend in the pre-sale. 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.

Contract

The Seesaw Protocol is a fully on-chain liquidity protocol that can be implemented on any smart contract-enabled blockchain. The Seesaw Protocol is an open-source standard for liquidity pools, which in turn provides an endpoint for automated market-making (buying/selling tokens) against a smart contract. With forefront crypto tokens like Bitcoin , Solana , and Ethereum , tasting the sour end of the market’s price action, mostly decline and red numbers with sluggish improvement on the bullish end.

Also announced Supernets, a scalable blockchain infrastructure aimed at accelerating Polygon and Web 3.0 adoption. Polygon’s stated goal is to achieve mass adoption of Web 3.0, and the company sees Supernets as a major step toward that goal, committing $100 million to their development and adoption. Is recognized as one of the fastest and most widely used Ethereum scaling protocols. But there’s more to Polygon than that, one of which is its rapidly expanding ecosystem. Let’s explore these three cryptos in more depth to discover whether Seesaw Protocol carries the same potential as Polygon and Avalanche .

  • Avalanche Like Ethereum , is built to host dapps, which are self-executing computer programs that are stored on the blockchain.
  • The concept of interoperability underpins this cryptocurrency.
  • Last year, Solana increased 11,000%, which means that a holder could have turned $1,000 into $100,000 in just a few months.
  • Equally comfortable identifying value stocks as he is discounts in the crypto markets, Matthew began mining Bitcoin in 2011 and has since honed his focus on the cryptocurrency markets as a whole.

Following its launch, SSW tokens are now available to purchase on PancakeSwap , one of the world’s leading cryptocurrency exchanges, and its very own SeesawSwap on the project’s official website. Furthermore, there is zero mention on the Seesaw Protocol crypto token’s website about burned tokens. And this helps ensure that the developers won’t redeem liquidity pool tokens. 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. It’s got a very active Telegram page with more than 21,000 members.

www.coingecko.com

Think of it as the standard currency exchange; the stronger your currency exchange rate, the cheaper your imports. SSW’s main objective is to enrich your crypto experience through the promise of a fixed low fee of 3%, better rates, and absolute transparency. Cryptocurrency has long been a topic of discussion as to whether the digital payment system can be trusted.

seesaw protocol crypto

This is because cryptocurrency holdings are taxed in the same way as any other assets you own, such as stocks and property. The total dollar value of all transactions for this asset over the past 24 hours. The percentage of Binance customers who increased or decreased their net position in BTC over the past 24 hours through trading. The percent change in trading volume for this asset compared to 1 hour ago. If you have any concerns about the nature, propriety or legality of this token sale or the persons involved in it please contact with detailed information about your concerns.

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The concept of interoperability underpins this cryptocurrency. Transactions usually take place on a single blockchain such as Ethereum or Bitcoin – and data or tokens cannot be transferred between different blockchains. However, Seesaw Protocol will be bridge Binance Smart Chain, Polygon and Ethereum – enabling holders to move tokens between three of the most prominent blockchains. In contrast, coins like Seesaw Protocol have seen massive success despite the fall of the big boys, with a presale jump of about 4,000% during presale from its debut in January, averaging over 1000% a month. Seesaw finally launched its project officially on the 8th of April, and its success is making the rounds in the crypto community. As you can see from the presale price chart, Seesaw Protocol crypto has been heading skyward.

The sell-off of SSW tokens from presale investors was inevitable. When the vested tokens were airdropped to users, people began to take profits rightly, and the price tanked. Now that the dust has settled, it looks like support for SSW is beginning to pick up traction again. The cryptocurrency industry has faced myriad challenges in the past few months. 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.

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Circulating supply shows the number of coins or tokens that have been issued so far. DeFi -Decentralized Finance on dark blue abstract polygonal background. According to the official whitepaper, the project is currently being onboarded for audit by CertiK. However, at the time of this writing, the audit itself hasn’t been completed, which means that there’s no official security assessment of the Seesaw Protocol. Perhaps one of the most important accomplishments throughout the industry that we saw is the broader acceptance of various networks. The boom of DeFi summer in 2020 showed that Ethereum, in its current shape and form, is quite unable to handle the massive load of users.

seesaw protocol crypto

As a result of the recent boom in three major cryptocurrencies, crypto-wallets are also rising. This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. CLAIM NOW5000+ Slots, Live casino games, 50+ cryptos, 100% bet insurance. To check Seesaw’s price live in the fiat currency of your choice, you can use Crypto.com’s converter feature in the top-right corner of this page.

In today’s trading session, the Seesaw project is up by 9 per cent. The project has also been aggressively bullish throughout the week. Therefore, there are not many platforms offering the SSW token. Fast forward to May, and the entire cryptocurrency industry what is seesaw protocol started to aggressively move downwards. Investors, still reeling from what had happened to Luna and UST, began selling cryptocurrencies they deemed vulnerable to the fates of Luna and UST, resulting in the start of an aggressive price drop for Seesaw.

Seesaw Protocol keeps rearing its head as a project laden with potential in a vast sea of competitive tokens. Seesaw Protocol has found itself on the lips of crypto proponents and critics alike. It makes rounds in tweets about cryptocurrencies with many claims, labelling it the new Shiba Inu. The market has been grossly unpredictable in the past few months. Still, from the ashes and bubbles of uncertainty, Seesaw protocol has shown strength, and there’s so much to look forward to for this cryptocurrency. So, jumping on this project could be an excellent opportunity, to get the most out of the market in gains and profits.

What is Seesaw Protocol (SSW), and how does it compare?

Avalanche , Algorand and Seesaw Protocol Provide investors with a low-cost way to bet on the long-term success of blockchain technology. Algorand is a small fry in the crypto market, which has a market cap of only $4.8 billion, allowing investors to get on the ground floor of its potential growth story. Algorand is a blockchain that was launched in 2019 with the goal of providing a more secure platform for NFTs, which are digital proofs of ownership stored on the blockchain. The asset’s one-of-a-kind design and bargain price can make it an excellent investment. Like the messiah, all Seesaw can do is ascend in shades of green, help keep your pockets heavy, and put your portfolio in euphoria. With the sudden surge of crypto tokens like Shiba Inu and Dogecoin , which made millions for people all over, the crypto community has since begun the hunt for the next best thing to jump on.

Let’s peek into two of the most popular/sought-after meme coins. The second-largest virtual currency in the world, seeing its value plummet, isn’t the best way to start the week for cryptocurrency traders and enthusiasts alike. But, regrettably, this is the situation as https://xcritical.com/ it now stands today. 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. Like with all new ideas, anecdotes of scams and uncertainty follow.

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