Are Shiba Inu SHIB and Seesaw Protocol SSW the Dogecoin DOGE beaters?

They’ll have to work on improving the Solana mainnet’s speed beyond the Bitgert 100k TPS. The price of Solana has fallen over the last month too, with a 4.5% drop in the last 24 hours. The purchase of $20.4 million worth of SHIB by an Ethereum whale has sparked a bullish outlook among the community’s investors. The accumulation of whales is the second reason for Shiba Inu’s breakout.

If you buy some of this token, then rope some friends or family into buying some, you can get up to a 5% bonus. That sounds pretty scheme-y for a token still in the presale stage. The marketing team behind the Seesaw Protocol crypto token has been busy this past month.

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. So there is still lots of time for this project to come to light before it raises some eyebrows. A percentage of each tax is redistributed amongst existing holders, meaning that the more transactions of SSW are carried out, the more free SSW tokens each holder receives. Coin is the native currency used on the CRO blockchain.‘s aim is to accelerate the adoption of cryptocurrency throughout the world. Its decentralised nature is an indication that want to help their users have more control over their money.

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As a result, the fees skyrocketed as the network was getting clogged. As we can see by the recent activity of Solana and Shiba Inu , it’s common for cryptos to undergo extreme volatility resulting in decreases as well as increases. Although the market is causing Solana to fall, there are a number of other factors at play.

All those gains from the first folks in are nothing more than a hope at this point. The plan, according to the whitepaper, is to launch a multi-chain fully decentralized finance platform. From the beginning of 2022, the decrease in ETH’s price was 20% and the decrease in BTC’s price was 17.5%. Again, this year, the decrease in ETH’s market value was 19%, while the decrease in BTC’s market value was 14.7%. Despite all these negativities, the coins that managed to rise are seen as the coins of the future by many investors. In today’s trading session, the Seesaw project is up by 9 per cent.

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. When the presale ended and the token launched on PancakeSwap on April 8, the price rose a large amount. The tokens bought in the presale were vested for two weeks to sustain platform liquidity. The buzz surrounding Seesaw Protocol that contributed towards its skyrocketing presale price has been attributed to its revolutionary goals.

How profitable is Seesaw Protocol (SSW)?

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. 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.

Users will be able to use SSW to connect between the three blockchains to find the quickest and most reliable network at any given time. Solana was one of the worst-performing top 10 cryptos of yesterday. For the past two days, the coin has been falling nonstop, and it appears that the bearish market is weakening it. During the recent bull run, the Solana chain seems to have lost the majority of its gains. The long-awaited Seesaw Protocol has finally launched, following a hugely successful presale that saw its price surge by 8000%.

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. Any terms and conditions entered into by contributors in respect of the acquisition of Tokens are between them and the issuer of the Token and ICOholder is not the seller of such Tokens. It’s also important to have a look at the tokenomics of SSW – the native cryptocurrency of the Seesaw Protocol ecosystem. The first phase of its pre-sale ends on February 25th, and the expected tokens to sell are 178,200,000.

Seesaw Converter

The percent change in trading volume for this asset compared to 1 hour ago. Increase from one day ago and signalling a recent rise in market activity. Seesaw Finance is a multi-chain, decentralized, non-custodial ecosystem of DeFi products, protocols, and use cases.

seesaw protocol coin

Moreover, Stripe, a financial services company, announced last week that its merchants would be able to make initial payouts using USDC Stablecoins, which are native to Polygon’s network. Due to its state-of-the-art facilities and massive pre Sales Success, Seesaw Protocol has been dubbed the ‘crypto of the future’. Due to its decentralization, the protocol is, according to its creators, safe from forks. Uses it proof-of-stake system in which miners update the blockchain with their own coins, with its miners chosen at random. This means that entities with lots of coins don’t have a lot of power over the network. Considering the high gas fees, slow speeds and security issues of some networks, this project has a lot of upside potential.

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HowTo Guides How to buy / sell / send Crypto guides.Crypto Questions Answering most of your crypto questions. Fundamental Analysis Key factors and information to perform crypto fundamental analysis. CoinMarketCap, and have predicted the coin will reach $48.18 by the end of 2024. That is the name of the game and is a trusted formula that has been tried and tested in the financial market.

  • Within the last couple of days, Solana has taken some jabs to the face, and it bled red for a while.
  • Shiba Inu tokens sent to inactive wallets are removed from circulation, contributing to a supply shortage.
  • But if it does fail, there’s no guarantee any of the money raised will be recouped by investors.
  • Solana’s price surged by approximately 10,000% in 2021, owing primarily to its reputation as the number one “Ethereum killer”.
  • Seesaw Protocol has recently launched its presale, providing investors with an excellent opportunity to buy before it before the possibility of tremendous growth.

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. From the absence of mainstream, centralized banks to the creation of such a currency using the process of mining, there is a lot left to be understood by investors and the public alike. 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.

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. CRO endured a difficult start to 2022 but towards the end of January rallied and has rebounded to the tune of 37%. Its many ad campaigns, including celebrities like Matt Damon, helped CRO reach an all-time high of $0.96 in November 2021. This was around the time that Facebook was being rebranded to Meta and many Metaverse related tokens were taking off. Just as Solana and Avalanche outperformed Bitcoin in terms of return on investment in 2021, Seesaw Protocol could replicate those results. Solana’s “wormhole bridge” currently only connects its blockchain to Ethereum.

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Even though other cryptocurrencies have fluctuated, SSW has maintained its upward trajectory since January. Seesaw Protocol is following in the footsteps of several well-known cryptocurrencies that surprised consumers during the presale stage, such as Filecoin and Tether . Aave has partnered with numerous exchanges and wallets to provide liquidity to the market. In addition, Aave has launched numerous features such as AAVE staking, AAVE farming, and AAVE Markets. Aave also has its own native token, called LEND, which is used to pay transaction fees on the network. But that doesn’t mean there’s only a 10% chance that Seesaw Protocol will succeed.

seesaw protocol coin

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. 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.

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Solana NFTs are currently available for testing on Opensea, the major NFT marketplace. 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.

It was designed by software programmers Billy Markus and Jackson Palmeras as a parody of Bitcoin to introduce the general public to the cryptocurrency sector. An excellent method to convince people that Bitcoin doesn’t have to be all that serious, considering the history of ambiguity and distrust around it. If you invested any kind of substantial amount and held Solana or Shiba Inu about this time last year, you may be set for life by now. In layman’s terms, that means a $1000 investment would have resulted in a $100,000 profit. Seesaw Protocol is a thrilling new DeFi coin that has recently debuted on a few prominent decentralised exchanges. Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

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You can copy SSW’s contract address and import it manually, or if you’ve installed MetaMask’s chrome extension, add SSW to MetaMask with one click on CoinGecko. This is a statistical representation of the maximum market cap, assuming the maximum number of 990 Million SSW tokens are in circulation today. Depending on how the emission schedule of SSW seesaw protocol coin tokens are designed, it might take multiple years before FDV is realized. 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.

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