Without a doubt, cryptocurrencies will be the primary medium of exchange in the future, as they provide a significantly more open and reliable method over https://www.xcritical.com/ traditional financial systems. The long-awaited Seesaw Protocol (SSW) has finally launched, following a hugely successful presale that saw its price surge by 8000%. Initially beginning its presale costing a mere $0.005, the hype the token garnered in a matter of weeks led to Seesaw Protocol (SSW) ending presale at around $0.40, to the delight of its holders. NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins.

Is Seesaw Protocol SSW a Scam? How to Avoid Cryptocurrency Rug Pulls

Crypto-giants like Bitcoin, Solana, and Ripple trade on the Ethereum Platform (including Seesaw Protocol). While stocks are sometimes more affordable throughout bear markets, there’s a good probability that prices will rebound as soon as the market recovers. If you’ve been contemplating investing in cryptocurrency, now is ssw protocol certainly one of the finest instances to do so.

Cryptos Set To Shake Up The Metaverse: Monero, Seesaw Protocol And Cronos

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. An anonymous team is responsible for creating the SeeSaw seesaw crypto Protocol, which is alleged to be based in Switzerland. Based on such statements, one may find it difficult to decide to purchase the SSW Tokens, but their already exceeding number of sales is an equal deterrent against such doubts.

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There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Reproduction in whole or in part in any form or medium without express written permission of MDD Group FZE LLC is prohibited. Still, all major cryptocurrencies have also lost value, largely due to the Federal Reserve implementing several policies to mitigate the economic impact of COVID. These measures included various types of economic stimulus and interest rate reductions. The School of Social Work’s Marketing and Communications Department plays a pivotal role in shaping and disseminating internal communications across the school community.

Seesaw Worth Right Now, Ssw To Usd Reside Worth, Marketcap And Chart

But that doesn’t imply there’s solely a 10% likelihood that Seesaw Protocol will succeed. But if it does fail, there’s no assure any of the money raised shall be recouped by buyers. The distribution of Seesaw Protocol crypto tokens will take place at the end of the presale. Then, buyers will be capable of withdraw their tokens onto a BEP-20 suitable wallet.

Can Seesaw Protocol (SSW) overtake Dogecoin (DOGE) and Shiba Inu (SHIB)?

It aims to educate and invest in the younger generation, in order to teach them how to use the Metaverse’s up-and-coming technology. The creators of Seesaw Protocol (SSW) have chosen to follow the lead of the market-leading Bitcoin (BTC) and remain anonymous. The Solana (SOL) team will have to defeat Bitgert (BRISE), a faster chain with the industry’s lowest gas fee. They’ll have to work on improving the Solana (SOL) mainnet’s speed beyond the Bitgert (BRISE) 100k TPS. The price of Solana (SOL) 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 (ETH) whale has sparked a bullish outlook among the community’s investors.

Franklin Templeton, Citigroup turn to Solana for next-gen financial services

Although the market is causing Solana (SOL) to fall, there are a number of other factors at play. Another reason could be the Solana (SOL) chain’s slow adoption following the introduction of the Bitgert (BRISE) BRC20 blockchain. As a result, there is currently less demand for the Solana (SOL) token on the market. 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 (SOL) chain seems to have lost the majority of its gains. Shiba Inu (SHIB), dubbed the Dogecoin (DOGE) killer, has seen its price rise in the past due to rising scarcity, increased demand, and real-world adoption.

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The one true example of this is Bitcoin; despite it being a household name in the crypto market, those outside of these markets view any form of cryptocurrency and its bionetworks as a con. It should enable blockchains to take advantage of the most efficient blockchain during the optimal time, depending on network congestion, and, therefore, find the quickest and the cheapest transactions. 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 (BNB), Polygon (MATIC), and Ethereum’s Smart Chain (ETH).

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The meme-turned cryptocurrency giant has seen a gradual decline in value in recent months. When SSW launched, it was trading at $0.44 per coin which demonstrates a 4000% growth. It allows you to perform transactions on even the most efficient blockchains, by connecting to the Binance Smart Chain (BSC), it closes the gap between Polygon (MATIC) and Ethereum (ETH).

Launched in January 2022, the protocol is a fairly new and ambitious blockchain-based project created to bridge multiple blockchains. 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. The latter aspect eliminates the need for owning more than one type of crypto wallet as well as prevents maintaining them separately. Set base price for the SSW tokens was $0.005 with a 3% buy tax for allowing the above-mentioned cryptocurrency purchases. The constituents of buy tax include 1% for token distribution, 1% for LP acquisition, and 1% for marketing tax.

5000+ Slots, Live on line casino video games, 50+ cryptos, one hundred pc bet insurance. Solana’s “wormhole bridge” currently only connects its blockchain to Ethereum. Seesaw Protocol, however, will function as a real cross-chain connector, between Binance’s Smart Chain, Polygon, and Ethereum. Solana’s price increased by over eleven,000 % final yr, establishing it as a big participant in the cryptocurrency world. Additionally, Ethereum hosts a quantity of initiatives dedicated to decentralized finance (DeFi) and non-fungible tokens (NFTs). The plan, based on the whitepaper, is to launch a multi-chain totally decentralized finance platform.

While the two cryptocurrencies are comparable in many ways, Ethereum outperforms Bitcoin in a quantity of important areas. Suffice it to say, after a series of recent high-profile crypto scams, this anonymity has been enough for some to label SSW a scam. There is some FUD concerning Seesaw Protocol, but despite this, it is a far cry from a real crypto scam. It’s also important to have a look at the tokenomics of SSW – the native cryptocurrency of the Seesaw Protocol ecosystem. AMBCrypto’s content is meant to be informational in nature and should not be interpreted as investment advice. Trading, buying or selling cryptocurrencies should be considered a high-risk investment and every reader is advised to do their own research before making any decisions.

Seesaw Finance is a multi-chain, decentralized, non-custodial ecosystem of DeFi merchandise, protocols, and use instances. A contract handle hosts a wise contract, which is a set of code stored on the blockchain that runs when predetermined circumstances are met. Bitcoin information portal providing breaking news, guides, worth evaluation about decentralized digital cash & blockchain expertise.

And this helps be certain that the developers won’t redeem liquidity pool tokens. Bitcoin is presently capable of processing roughly seven transactions per second. Seesaw Protocol (SSW) shows that it believes in the crypto world’s future, as they will donate 1% of its marketing funds to international educational institutions.

• An anonymous team is responsible for creating the SeeSaw seesaw crypto Protocol, which is alleged to be based in Switzerland.
• Since then, SSW price decreased 0.06x against US Dollar, decreased 0.08x against Ethereum and decreased 0.04x against Bitcoin.
• Think of it as the standard currency exchange; the stronger your currency exchange rate, the cheaper your imports.
• Its presale has come out of nowhere to become much talked about in crypto circles.

The coin seems to not be going anywhere, as it plans to deploy cross-chain integrations, with the aims of listing on Uniswap during the third quarter of 2022. Before engaging in crypto trading, please consult with a financial advisor to ensure it aligns with your financial goals and risk tolerance. Ethereum is up +6.33%, Solana is up +5.29% and Seesaw Protocol is up +3% all in just twenty-four hours. If you have concerns about the nature, legality, or propriety of a token sale or the involved individuals, please contact with detailed information. Conduct your own due diligence before deciding to use any info listed at this page. This website is using a security service to protect itself from online attacks.

In other words, while there’s a chance that cryptocurrency will explode and basically alter society as we know it, there’s also a possibility that it’ll fail. Another facet of Seesaw Protocol crypto that is a little bit of a purple flag is the bonus referral program. Bitcoin stays a proof-of-work cryptocurrency, which implies that mining it is extremely time-consuming and energy-intensive. Ethereum, the second hottest cryptocurrency, is the first competitor to Bitcoin.

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 (ETH), Polygon (MATIC) and Binance (BNB). Seesaw Protocol, like Polkadot, was founded on the basis of interoperability. Transactions are typically conducted on a single blockchain, such as Ethereum (ETH) or Bitcoin (BTC), and data or tokens cannot be transferred between blockchains. However, Seesaw Protocol will serve as a bridge between Binance Smart Chain (BNB), Polygon (MATIC), and Ethereum (ETH), allowing holders to transfer tokens between the three popular blockchains.