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. Given the volatile nature of the bitcoin market, picking the next investment is tough. This is due to the fact that they have already witnessed massive increases and have been widely accepted by investors, implying that they would not be able to have the same fantastic growth.

– 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.

Furthermore, owning and retaining the Seesaw token may result in benefits. Those who bought the tokens will earn from everyone who buys and sells them, with a portion of all purchases and sales going back to the Protocol. The value of your whole portfolio will rise if transaction volume is high.

seesaw protocol token

Seesaw Protocol will serve as a true multi-chain bridge, connecting Polygon (POLY), Ethereum (ETH), and Binance’s Smart Chain (BSC). This will enable holders to conduct cross-chain swaps at the cheapest and quickest rates by utilising multiple solutions. A transaction on the Ethereum blockchain can take six minutes to complete and the transaction fees (referred to as “gas” fees) are extremely high. The safest way to get a good return on your money is to look at smaller cryptocurrencies that are growing in popularity and have a lot of developers working on them. Analytics Insight is an influential platform dedicated to insights, trends, and opinions from the world of data-driven technologies.

Seesaw Price Closing History by Level

A growth of over 2300% since the beginning of its presale in January is a remarkable achievement for the project for which this is just the beginning of its journey in the cryptocurrency market. Savvy investors should look for new and upcoming cryptocurrencies that have strong foundations and offer unique and valuable innovations to the crypto market. If you had invested just $1500 in DOGE before to its inception, you would now be a millionaire. The coin’s initial price is set at $0.005, with “BNB, BTC, ETH, BCH, LTC, DASH, DOGE, USDT (ERC20-TRC20), and many more” allowed as purchasing currencies. As previously stated, the buy tax is set at 3%, and the selling tax is set at 5%.

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. «The SeeSaw Protocol is a fully networked liquidity cross-chain protocol that may be implemented on any blockchain which supports smart contracts. The Seesaw protocol is an open source standard for liquidity pools, providing an endpoint for automatically creating a market (buying/selling tokens) on a smart contract». The fact that the project is backed by an anonymous team is also concerning to some people. Bitcoin continues to dominate the crypto market, yet its creator, Satoshi Nakamoto’s true identity, is yet to be known to date.

The protocol will be multi-chain spanning across both Ethereum and the Polygon network. The Seesaw Protocol (SSW) is not yet available to the general public. The Seesaw Protocol has just been released and is currently in the presale stage. Its success is speculative because it is a newcomer to the bitcoin business. However, the Seesaw Protocol has provided several amazing characteristics that may result in a profitable venture for many investors.

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. There are multiple real-world applications for Seesaw Protocol, including providing a bridge between blockchains and uses for and in the Metaverse. SSW aims to help provide educational resources in the Metaverse, making learning more accessible, more diverse, and more fun. This is clearly attracting investors, as SSW is rising at a rate of around 10% a day, and some analysts have predicted it will explode by more than 7000% by the conclusion of the presale. There are 10 days left of the First Stage of the Seesaw Protocol (SSW) presale.

SSW attracts investors worldwide; it may generate big profits for those who can jump on board early enough. 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. We’ve all heard of currencies like Bitcoin (BTC), Ethereum (ETH), and even Dogecoin (DOGE).

Rivalry set aside as Libyans cope with flood disaster

According to CoinGecko, FIL’s price exploded to $114 in the hours after it was finally listed in 2020, rewarding those who invested early. This was around 100x on what early investors seesaw protocol got it for during the presale. If SSW can emulate or get close to the success of Filecoin, it may well be unwise to miss the chance to get involved with the Seesaw Protocol presale.

  • SSW attracts investors worldwide; it may generate big profits for those who can jump on board early enough.
  • As we know from the news, the cryptocurrency industry has faced many challenges over the past few months.
  • With the ever-increasing need for storage space in today’s virtual world, it’s simple to see why Filecoin may be an interesting long-term investment for many.
  • In addition, owning and keeping the Seesaw token may result in benefits.

Some crypto investors have pointed out a few concerns about the seesaw protocol (SSW)
. While it does offer a much needed solution in the crypto world its huge token price crash is of concern. We’re trying to remain open https://www.xcritical.in/ minded about the Seesaw Protocol crypto token project. 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.

Seesaw Monthly Returns (USD)

Those who purchased the tokens will profit from everyone who buys and sells them; a portion of all purchases and sales will be returned to the Protocol. If trade volume is high, the value of your overall portfolio will rise. However, Seesaw Protocol (SSW) is not a passing fad, as it has an ambitious vision that will see it added to numerous exchanges as it seeks to be a true multi-bridge cryptocurrency. SSW will be introduced on the Ethereum, Polygon, and Binance Smart Chains, allowing holders to transfer value rapidly and cheaply between the three mainstream networks. Without a doubt, cryptocurrencies are the quickest way to make amazing returns on your money.

Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB) rose by 100%, 500%, and over 1000% in 2021 respectively. The more people that donate storage space, the more available storage space there will be. Because there is enough space available on already underutilized devices, the development of new worthless storage systems may be halted. In spite of Litecoin not appearing like it might make a bull run at the moment, there are irons in fire of the digital asset. It’s been a high-yielding period for Solana (SOL) whose price has risen by 37.7% in the past 14 days, at this time of writing.

Is Seesaw Protocol (SSW) a Scam? How to Avoid Cryptocurrency ‘Rug Pulls’ – Coinspeaker

Is Seesaw Protocol (SSW) a Scam? How to Avoid Cryptocurrency ‘Rug Pulls’.

Posted: Thu, 10 Feb 2022 08:00:00 GMT [source]

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