2 Top Cryptocurrencies to Buy for the Long Haul Seesaw Protocol SSW and Ripple XRP
If the project can attract investors back, then it should recover from this devastating crash. The sell-off of SSW tokens from presale https://xcritical.com/ investors was inevitable. When the vested tokens were airdropped to users, people began to take profits rightly, and the price tanked.
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. 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.
And there’s even a subreddit, Discord server and TikTok pages offering support. Additionally, Ripple’s developers operate RippleNet, an enterprise blockchain network with over 100 financial institutions, including American Express. The protocol is intended to assist businesses with cross-border payments , and its adoption demonstrates confidence in Ripple’s technology. Still, its long-term prospects appear to be favourable as blockchain technology advances and investors seek to protect their wealth from spiralling inflation in fiat currencies.
The MANA Token has seen a considerable price spike but is still available under the $2 level. Adding this coin could see huge returns as Decentraland is a widely used virtual empire and many firms are keen to leverage its potential in the future. MANA can be added through a dollar-cost averaging strategy to gain huge returns in the future. MANA is used to power the virtual universe that Decentraland is looking to build. Built on the Ethereum network, Decentraland allows users to purchase LAND, create avatars, and buy or sell digital goods. It is a fully first decentralised virtual world and is controlled and run through a DAO which means the community gets a say in deciding the road map.
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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. Earn NowExplore over 750 websites to earn cryptocurrencies and get paid directly to your FaucetPay wallet. Cointelegraph does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page.
- Please do your own research on all of your investments carefully.
- Let’s take a closer look at why Seesaw Protocol and Ripple are both excellent investments for 2022.
- 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.
- Many retail customers do not have access to loans and other products due to the high entry barriers in banks.
- Investors have obviously been taking advantage of the program.
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. CoinGecko provides a fundamental analysis of the crypto market. In addition to tracking price, volume and market capitalisation, CoinGecko tracks community growth, open-source code development, major events and on-chain metrics. Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology. Although cryptocurrency is currently in a bear market, if history is any indication, the slump will not last indefinitely. This provides investors with an excellent opportunity to invest in assets that have the potential to outperform when the market recovers.
To trade cryptocurrency on Pancakeswap V2, you need to visit the official exchange website. As you can see from the presale price chart, Seesaw Protocol crypto has been heading skyward. At the last time we checked, its value is up more than 578% since the presale first launched. But since this is still in the presale stage, it doesn’t appear there’s any way to exit a position yet. All those gains from the first folks in are nothing more than a hope at this point.
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. 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. Until that happens, 500%, 1,000% or 50,000% gains in value equal diddly squat.
Enter the amount you want to spend and click swap and follow, SSW will be deposited in your Metamask wallet. Now you can agree to share analytics data or not just choose with which option you’re more comfortable. This article is sponsored content and does not represent the views or opinions of BeInCrypto. While we adhere to the Trust Project guidelines for unbiased and transparent reporting, this content is created by a third party and is intended for promotional purposes. Readers are advised to verify information independently and consult with a professional before making decisions based on this sponsored content. 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.
Buying decentralised finance tokens that are still developing and under the radar is a proven strategy to make big gains. There is only one crypto exchanges on which you can trade SSW. The top exchange by buy/sell volume for the last 24h is PancakeSwap with wbnb trading pair. The one true example what is seesaw protocol of this is Bitcoin; despite it being a household name in the crypto market, those outside of these markets view any form of cryptocurrency and its bionetworks as a con. A utility cryptocurrency simply means that these coins and tokens proposition the right to procure a product or service.
But as it stands right now, we’re gonna sit this out out. We really hope it pans out and some of those early investors are rewarded for their trust. And we’re looking forward to how all of this pans out come April 8. That is if Seesaw Protocol crypto still exists when the presale comes to a close. Furthermore, there is zero mention on the Seesaw Protocol crypto token’s website about burned tokens.
What’s next for Seesaw Protocol?
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. Please also note that data relating to the above-mentioned cryptocurrency presented here are based on third party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under Binance’s control.