Surge After Dip: Seesaw Protocol (SSW) and Ethereum (ETH) Bloom Just in Time for Spring
Seesaw Protocol has just embarked on its live market journey on the PancakeSwap (CAKE).
An attempt can be made to predict where the cryptocurrency market on the way, and whether or not a pattern emerges as we begin the second quarter of 2022. As we all know, spring can bring out the best of all that is blessed with beautiful rays of sunshine.
Over the course of the presale, Seesaw Protocol (SSW) has attracted attention for a number of reasons, including its rapid rise in popularity and the aspirations for the future that should always be pursued within the crypto industry.
seesaw protocol (SSW) and Ethereum (ETH), which are about to get a major upgrade, both have ambitious goals and intend to positively impact cryptocurrency consumers, improving their overall user experience. Let’s take a look at these two platforms.
Rocking protocol (SSW)
seesaw protocol has just embarked on its live market journey on the PancakeSwap (CAKE). PancakeSwap is a decentralized exchange (DEX) which has been operational and successful for some time now. After a solid pre-sale, the price of SSW climbed to $0.46 and then collapsed on the day of its official release.
It is possible that the $19,000 in tokens purchased by the seesaw protocol team contributed through their marketing wallet to the massive 180% increase in SSW in the past week. As a result, these SSW tokens have been transferred to the burn wallet, which will now reduce the overall availability of SSW tokens, increasing the value of each individual token. That’s good news for those who hold on.
A fully decentralized financial infrastructure (DeFi) and multichain platform, Seesaw Protocol allows you to trade, manipulate and use your SSW coins for a number of other benefits. Initially launched on the BNB blockchain, Seesaw will now expand its network reach by becoming available on the Ethereum (ETH) & Polygon (MATIC) blockchains, also. Investors can then SSW tokens to bridge the three networks, enabling them to identify the most optimal and cost-effective platform for their requirements.
Now well established in the cryptocurrency realm, the Seesaw protocol is expected to witness a price hike for the remainder of 2022 as analysts state that new investors are currently pumping money into the project. SSW has already hit a price of $0.46, indicating that this might be one of the best times to invest in the stock right now.
This week’s start has not been ideal for traders and cryptocurrency enthusiasts around the world as the price of Ethereum (ETH) slumped below USD 3000, leaving investors unhappy but still hopeful that the second largest digital currency can bounce back and perform again.
Ethereum (ETH) has always been the second most prominent cryptocurrency in the world and has had a significant impact on the cryptocurrency sector as a whole.
Ethereum is very expensive gas costscoupled with its inability to scale transactions, have made it vulnerable to competitors in particular Solana (SOL) – dubbed the “Ethereum Killer”, which offers the ability to scale a large number of transactions at a rapid pace while charging an absolute minimum of gas costs.
The 28-year-old entrepreneur Russian citizen, Vitalik Buterinco-founder of Ethereum, took note of the network issues and teased the release of Ethereum 2.0a major upgrade that makes the network more scalable, secure and attractive to venture capitalists.
At the time of publication, ETH is up +0.09% and sold for $2,2865.17
Read more about the Seesaw Protocol (SSW):
Disclaimer: The information in this article is the opinion of the author only and not investment advice – it is for educational purposes only. By using this, you agree that the information does not constitute investment or financial instructions. Do your own research and check with financial advisors before making any investment decisions.
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Analytics Insight is an influential platform dedicated to insights, trends and opinions from the world of data-driven technologies. It tracks developments, recognition and performance of companies in the fields of artificial intelligence, big data and analytics around the world.
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