Seesaw Protocol Begins to Take Shape as MATIC & ATOM Caught in Crypto Crossfire


By comparison, Ethereum currently supports 14 TPS, and transactions frequently take up to six minutes to complete. Throughout its presale, Seesaw Protocol has garnered attention for not only its rapid rise in popularity but its ambitions to do good within the cryptocurrency industry. With the demand seesaw crypto for faster, cheaper and cross-chain transactions, Seesaw Protocol appears to be in an ideal position to challenge the top two and generate tremendous value for holders. SSW can allow stockholders to gain profits in multiple ways via re-distribution of fees per transaction and referrals.

  • The 50-day SMA is calculated by adding together Bitcoin’s closing prices in the last 50 days, and dividing the total by 50.
  • Among the many reasons to get this digital currency is the reward incentive of simply holding them.
  • Additionally, Seesaw Protocol is more resistant to attacks than its alternatives, so users should no longer worry about the safety of their funds locked away in bridge smart contracts.
  • With its native coin ETH, Ethereum is a decentralised open-source blockchain technology.
  • It will be crucial for all users of the new product, so the team of Seesaw Protocol has released a detailed roadmap for the tokensale and listing of SSW.
  • In 2021, the price of Ethereum went up 408% and is looking to rival Bitcoin because it has faster transactions and a lot of decentralised apps , which are programmes that run on blockchains.

Currencies that are positively correlated with Seesaw indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with Seesaw, a move in one direction for Seesaw would translate into a move in the opposite direction for the negatively correlated coin. The Relative Strength Index momentum oscillator is a popular indicator that signals whether a cryptocurrency is oversold or overbought . Currently, the RSI value is at 49.31, which indicates that the SSW market is in a neutral position. The most recent Death Cross in the Bitcoin market happened 40 days ago, on Oct 26, 2022.

All are taken from the most trusted websites, so any result is also useful for users. The Callisto Protocol looks like it will be a game that keeps players coming back thanks to DLC. It’s pretty rare for a game to just come and go without some kind of DLC these days.

$14m Crypto Presale IMPT Lists on Exchanges 14th December! Buy Before Presale Ends This Week

CertiK team is checking Seesaw Protocol with AI-powered instruments to spot and fix all possible flaws and bugs. SSW token is a backbone element of the Seesaw Protocol’s technical and tokenomical architecture. It will be crucial for all users of the new product, so the team of Seesaw Protocol has released a detailed roadmap for the tokensale and listing of SSW.

This is highly beneficial to its users because it is not one, but three different platforms whereas some other cryptos only allow you to transfer via one platform. Seesaw traders use a variety of tools to try and determine the direction in which the SSW market is likely to head next. The Seesaw price forecast for the next 30 days is a projection based on the positive/negative trends in the past 30 days.

seesaw protocol news

Cosmos is an ecosystem of Blockchains that, similar to Polygon, can both interoperate and scale with each other. Some experts believe that ATOM will reach $46.635 by the end of 2022, a valuation that would eclipse its ATH. Seesaw Protocol is a living embodiment of a project that listens and caters to its community. It’s not a surprise to see the success SSW has achieved due to its communication with the community and that the project has lived up to its promises. Introduced by seasoned Web3 developers in late 2021, Seesaw Protocol comes with a one-of-a-kind concept of a blockchain-agnostic holistic interoperability vehicle. To give users the best overview of the information they are looking for, we aggregate all the relevant results of Seesaw Protocol News in the list of latest results on the same page.

Top Reasons for Qualifying SSW Protocol Tokens For Crypto Gains

Tron’s native token is TRX or Tronix, and it’s used as payment to content creators to access their applications. Ethereum has long been the second-biggest cryptocurrency in the world and hugely influential within the crypto industry. Like Ethereum and Tron , Seesaw has plans to positively affect crypto users and enhance their user experience when delving into the digital asset space. Seesaw Protocol will act as a true multi-chain connector, bridging Polygon , Ethereum and Binance’s Smart Chain .

seesaw protocol news

There are three stages to the Seesaw Protocol presale, and while it is now in stage 3, it’s important to remind investors that buying in now is still ‘getting in early’. At the heart of Polkadot is the relay chain, a Proof of Stake consensus-based blockchain tasked with orchestrating the entire platform. Numerous programmable blockchains, dubbed parachains, are connected to the relay chain, each of which is capable of supporting decentralised applications and decentralised finance services. Certain parachains can even connect to other blockchains, such as Ethereum. Tron has amassed a market cap of over $7 billion and is ranked as the 25th biggest cryptocurrency in the world, according to CoinMarketCap. Seesaw Protocol holders earn a 3% bonus on each transaction confirmed on the blockchain.

How to read Seesaw charts and predict price movements?

As stated in Seesaw Protocol’s whitepaper, it is designed as ‘a fully on-chain liquidity protocol that can be implemented on any smart contract-enabled blockchain’. As such, in future releases, Seesaw Protocol has all chances to become a Polkadot-style interoperability layer for mainstream programmatic blockchains. Polkadot is designed as a highly scalable smart contract platform comprised of an ecosystem of interoperable blockchains in an attempt to improve upon Ethereum.

To be fair, SSW is new, and we can only expect so much as the project behind this cryptocurrency continues to develop. Shiba Inu is a good example of a cryptocurrency that has experienced several huge crashes and is still going on strong. He projects his expertise in subjects like crypto and Blockchain while writing for CryptoNewsZ.

As analysts were anticipating, the launch today has generated a surge in demand and SSW utility token value, catapulting the protocol to the “ best-cryptocurrency to invest in” list. There are dozens of intriguing blockchain projects, many of which could provide lucrative long-term returns. However, Polkadot and Seesaw Protocol strike me as two of the most intriguing. Both seek to bridge decentralised ecosystems and financial services, and both are pursuing aggressive growth strategies that could result in a significant price increase in 2022. Seesaw Protocol is a new cryptocurrency that has the potential for massive growth in 2022.

This will enable holders to conduct cross-chain swaps at the cheapest and quickest rates by utilising multiple solutions. As stated at the beginning of this article, cryptocurrencies are becoming more and more popular. New generations are continually being informed about the benefits and profits of investing in the market. SSW has gained by 2160 per cent from its initial price of $0.005 to its current price of $0.113 and in a presale, this number can only go up. The SSW cryptocurrency lets customers deploy their Seesaw Token between Binance , Polygon and Ethereum .

Traders usually interpret a death cross as a bearish signal for future price action, but the actual usefulness of this metric is controversial. The Seesaw golden cross, on the other hand, is generally interpreted as bullish and happens when the 50-day SMA rises above the 200-day SMA. The RSI is a very popular technical indicator used to analyze prices of a variety of assets, including Seesaw. The readings produced by the RSI indicator range from 0 to 100, with 30 and 70 being important levels. An RSI reading under 30 indicates that the asset is currently undervalued, while an RSI reading above 70 indicates that the asset is currently overvalued.

Comparing Seesaw against other important technological innovations and trends is one way of predicting where the Seesaw price could head over the long term. The Seesaw protocol is a decentralized, multi-chain, noncustodial ecosystem of Defi products, protocols, and services. In what was initially an impressive start to the year after setting its all-time high of $44.45 in January, Cosmos have been brought back down to Earth.

Sign up to our NewsLetter

The likes of Polygon and Cosmos achieved success because of their objectives regarding the increased scaling of Blockchains. This caught the attention of the crypto community, and that’s why both projects are placed in the top 23 cryptocurrencies in the world, according to data from CoinMarketCap. PancakeSwap , one of the leading decentralized cryptocurrency exchanges on Binance Smart Chain , is chosen as the main listing platform for SSW. Initially, a 3% buy-in fee and a 5% sell fee will be applied to all PancakeSwap users. In a world where cryptocurrencies move at a breakneck pace, investing early can result in massive profits on a small initial investment.

seesaw protocol news

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies. Say, it helps for making wide platform cross-blockchain NFT transactions easier besides allowing holders to swap them for any other mentioned tokens at any point.

Seesaw Price (SSW)

Seesaw Protocol is a cryptocurrency wich bridges multiple blockchains or ecosystems, and in doing so enables holders to send and receive value across multiple blockchains. SSW is superior to other cryptocurrencies in that it will facilitate transactions between Binance , Polygon , and Ethereum’s Smart Chain . Polkadot has seen encouraging growth since onboarding the first parachains in December. With over $800 million invested in the platform, it is already the thirteenth most popular DeFi ecosystem. As more parachains are integrated and Polkadot’s ecosystem continues to expand, more people should adopt platform-based products. As a result, demand for the DOT token – Polkadot’s native cryptocurrency – will increase, pushing its price higher.

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. Coin Daily News covers fintech, blockchain and Bitcoin bringing you the latest news and chart analytic on the future of money. The current presale status can be checked on the Seesaw Protocol main page; Moreover, here users can claim the tokens through a one-click dashboard. We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies. At that point, the network’s throughput could exceed one million transactions per second , with each transaction taking less than 60 seconds to complete.

Oryen Network next crypto to explode; APE and MANA also make the list

While some are advising caution, others are waiting to gain more knowledge regarding the project. It is because the SSW protocol initially didn’t even have a Whitepaper mentioning its Proof of Concept. SSW capitalization is set at 990,000,000, and the project is presently in its Q3 pre-sale phase. Its second phase pre-sale ended on 25th February with 178,200,000 tokens sold, and the third pre-sale phase will end on 25th March. It offers up to 89,100,000 SW for sale while the final pre-sale phase will offer up to 29,700,000 SSW for sale.

This benefits holders as the fees are split among existing SSW holders meaning the longer you hold it, the more tokens you collect. This can also help stabilize the cryptocurrency by encouraging users to hold rather than sell, thus reducing volatility. The value of crypto-wallets can only rise during presale phases so stage 2 of presale shouldn’t worry investors that didn’t manage to get in stage 1. Investors could have significant profits awaiting as specialists anticipate that price will rise to $0.45 before official market-trading begins. Just over a month ago, one SSW was worth just $0.005 now it’s selling for $0.11. The SSW Tokens channels multiple blockchains and facilitate delivering value to their proprietors at preeminent rates like standard currency exchange.

Seesaw Protocol (SSW)

Trading at $24.71, at this time of writing, ATOM has suffered a dip of 19.9% in the past seven days. Barely five months removed from setting its all-time high of $2.92 in December 2021, https://xcritical.com/ MATIC’s price has sliced in half since then, as it trades at $1.39 at the time of writing. Available to purchase through PancakeSwap and Seesaw Swap, SSW is more accessible than ever.


Deja una respuesta

Tu dirección de correo electrónico no será publicada.