Yet the token appears to be making a comeback already, having risen by approximately 40% over the last 24 hours. Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology. This website is using a security service to protect itself from online attacks. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.

These tokens are made available thanks to a 3% tax fee that takes place on every transaction carried out on the network. It has a circulating supply seesaw crypto of 0 SSW coins and a total supply of 990 Million. If you are looking to buy or sell Seesaw, PancakeSwap is currently the most active exchange.

The tokens bought in the presale were vested for two weeks to sustain platform liquidity. Seesaw Protocol is a multichain, noncustodial ecosystem of DeFi products and services running on the BNB Chain, with future plans to run on Ethereum and Polygon as well. 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. 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.

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With all these, crypto analysts are expecting the token to bounce back from its low. On launch, Seesaw Protocol exploded by 100% in 24 hours, multiplying presale investors’ returns massively. However, its value declined sharply last Sunday, in which the token fell by 97%, according to data by CoinMarketCap.

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 https://xcritical.com/. 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 (SSW) up again by 40% – Should you buy the dip before it rallies like Shiba Inu (SHIB) or Solana (SOL)?

Seesaw Protocol like other new generation tokens doesn’t need to be sold to make a profit. The tokens give back a part of the transaction fee as an incentive to hold the coin for a long period of time. So, buying and holding the SSW token is going to be a good source of passive income for its hodlers.

• It is predicted to have a return of 36% on initial deposits in April and an over 70% increase in four weeks.
• Cross-chain technology is known as a new concept aimed at transferring value and information between different blockchain networks.
• Despite all these negativities, the coins that managed to rise are seen as the coins of the future by many investors.
• Avoid missing out on lucrative opportunities by procrastinating for too long.
• Seesaw Protocol keeps rearing its head as a project laden with potential in a vast sea of competitive tokens.
• The token declined to $0.016 after maintaining a stable trend around $0.46 until mid-April.
• Aave has partnered with numerous exchanges and wallets to provide liquidity to the market.

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. 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.

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The first phase of its pre-sale ends on February 25th, and the expected tokens to sell are 178,200,000. During the second phase, there will be 89,000,000 SSW tokens to sell, and during the last phase – 29,7000,000. Solidus’ HALO platform, an all-in-one crypto market integrity hub, will enhance BitMEX’s ability to monitor for a range of risks, prevent financial crime, and… None of the information on this website is investment or financial advice and does not necessarily reflect the views of CryptoMode or the author.

Seesaw Protocol was officially launched on April 8, and the token’s popularity made headlines in the crypto community. The native token of the protocol, SSW, is currently listed on Pancake Swap , one of the world’s largest decentralized exchanges . In addition, it can be purchased from the project’s own SeesawSwap platform. Seesaw Protocol is up 3244% since its pre-sale in January, at the time of writing. The token declined to $0.016 after maintaining a stable trend around $0.46 until mid-April. Of course, the decrease in the crypto finance market volume below $2 trillion and the downward trend in other altcoins in general also had an impact on this.

The meme coins have reached their peak, and there’s only one way from the summit. 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. Seesaw Protocol keeps rearing its head as a project laden with potential in a vast sea of competitive tokens.

As a result, the fees skyrocketed as the network was getting clogged. According to GOV Capital, LUNA will reach $125 by the end of 2022, spelling what would be another bullish run for the cryptocurrency. A 23.3% decline in the past seven days means that LUNA now trades at $86.45, at this time of writing. Tokens can now be purchased on PancakeSwap as well as its native SeesawSwap platform where the acquisition of SSW tokens takes place with just three simple steps. Some other memecoins were affected positively as a result of the “Elon Boost”.

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Seesaw Protocol will allow retail players to enter the financial system through the cryptocurrency route. Funds can be used to farm and take advantage of the margin and loan facility. In the future, Seesaw Swap aims to add options for other blockchain networks offering a complete package for all its users. SSW provides the entire suite of services for users to manage crypto assets on the most popular blockchains and peer-to-peer exchange services in a decentralized and open manner. Are you looking for small-cap cryptos that can provide King sized returns?

This might result in increased utility, which may in turn result in a rise in the price of cryptocurrency and more gains for holders. It’s also a positive thing that blockchain and cryptocurrency technology are constantly evolving and allowing investors to gain passive incomes through diverse streams of investments. Memes have become so popular that they’ve spread into the currency world. Dogecoin is a well-known example of this — a token based on a famous meme from 2013. 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.

CryptoMode is not responsible for any financial losses sustained by acting on information provided on this website by its authors or clients. Always conduct your research before making financial commitments, especially with third-party reviews, presales, and other opportunities. The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk – this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision. The cryptocurrency market has registered a loss over the past week with top tokens dropping in value.

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A surge in price from $0.005 to $0.20 meant that early buyers were in an excellent position to benefit. There will be $1 million in liquidity for the Seesaw Protocol when it launches on April 8th, according to its website. Financial market and cryptocurrency trading and investing carry a high degree of risk, and losses can exceed deposits. Any opinions, news, research, analysis, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice.

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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. LEND tokens can also be staked to earn a higher interest rate on deposited funds. The project team is considering cross-chain distribution in the 3rd Quarter of 2022, as stated in the Road Map.

But when we consider the pre-sale price of $0.005, there is still a surprising increase. Aave allows users to earn interest on their deposited cryptocurrencies. The interest rate is determined by the supply and demand of the deposited cryptocurrency. When the demand for a particular cryptocurrency increases, the interest rate on that cryptocurrency also increases.

During Q2, the team should also roll out the Seesaw multi-chain bridge and swap function and the cross-chain deployment for Ethereum and Polygon in the third quarter. Seesaw Protocol aspires to be a cryptocurrency designed to bridge multiple blockchains, solving an important interoperability problem within the emerging field. Its creators claim that SSW is going to bridge the Binance Smart Chain with Ethereum and Polygon . Always conduct proper research when dealing with pre-sales of currencies and tokens. The information above does not constitute investment advice by CryptoMode or its team, nor does it reflect the views of the website or its staff.

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Now that the dust has settled, it looks like support for SSW is beginning to pick up traction again. Fast forward to May, and the entire cryptocurrency industry 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 shows that it believes in the crypto world’s future, as they will donate 1% of its marketing funds to international educational institutions. Another great feature of the decentralized crypto is that it aims to be a multi-channel DeFi platform, which allows its investors to bridge between Ethereum , Polygon and Binance . With its decentralized blockchain system and fast transaction times, ApeCoin stands to revolutionize the world of crypto trading by offering users ease, security, and profit.

Cryptocurrency analysts have forecast that SSW has a lot of profit-making prospects. It is predicted to have a return of 36% on initial deposits in April and an over 70% increase in four weeks. It has also poured $1 million in liquidity into the pool to keep the network functioning.