Latest Cryptocurrency News: Shiba Inu (SHIB), Dogecoin (DOGE) & Seesaw Protocol (SWW)
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What is SSW?
One of the new launches in the world of cryptocurrency is Seesaw Protocol (SSW). This cryptocurrency has been designed to act as a connector between different ecosystems. As a result, all those who hold it can send as well as receive value between different systems. It facilitates transactions between Polygon and MATIC, Smart Chain of Ethereum, and Binance or BNB. As a result, this cryptocurrency is designed to outperform cryptocurrencies such as ETH. As per its design, Seesaw Protocol enables faster transactions that are more affordable.
Seesaw Protocol sees the future that Metaverse will create, especially in the world of education, unlike Bitcoin. It is committed to creating a Metaverse that will attract children who will find learning in the virtual world immersive and fun.
DeFi through Seesaw Protocol
DeFi is short for Decentralised finance. This is a financial technology that is emerging today, made possible because of the distributed, secure ledgers used by cryptocurrencies. The control of financial institutions such as banks is removed. Key attractions of DeFi are the following:
- Anyone can access cryptocurrencies through a secure digital wallet.
- There is no need for the approval of monetary authorities.
- Eliminates fees that banks and other financial institutions charge for their services.
- Money is transferred in seconds or minutes.
Seesaw Protocol Utility
Seesaw Protocol is built as a non-custodial, decentralised, multi-chain ecosystem of DeFi protocols, products, and others. The token will be distributed through Binance Smart Chain as well as Ethereum and Polygon. Users can find comprehensive services through Seesaw Finance. It offers users a way to manage their crypto assets on popular blockchains as well as on P2P exchanging services.
It also includes multi-chain swap functionality. Seesaw Protocol can be swapped between several chains. There is no commission charged, making it highly beneficial for the users.
It also has a locked liquidity aspect. This is done by attaching a time lock smart contract on the liquidity pool tokens.
Comparing it to Dogecoin and Shiba Inu
While Seesaw Protocol is a new entry in the world of cryptocurrencies, DOGE or Dogecoin has been around for eight years now. It was initially launched as a counter-response to Bitcoin. It gained prominence in the first half of 2021 when it reached an all-time high of about 15000% gain in valuation. However, it started 2022 with a decline, but it is currently holding its valuation at $0.137. It definitely helped its backers make fortunes.
· Shiba Inu
On the other hand, Shiba Inu (SHIB) is a competitor to DOGE. It is a cryptocurrency that is younger than BTC or DOGE but older than Seesaw Protocol. It surpassed its competitor the DOGE in valuation in the year 2021. In terms of market capitalization, it is 2 positions below DOGE. Many were able to make a fortune when they invested in SHIB in the first part of 2021.
· SeeSaw Protocol
In comparison to these existing cryptocurrencies, Seesaw Protocol had its pre-sale launched in January 2022. At that time, its valuation was $0.005. Since then, it has gained exceptional success, much to the delight of the inventors as well as investors. Within a few months, the price has gone up to $0.155, an increase of 3000%. In the second stage of the presale, the price had a 38% increase. Experts predict that the price will rise to $0.25 before the project launch.
Unlike former cryptocurrencies, Seesaw Protocol is valued as a bridge platform across multiple chains. Holders will be able to convert between the big blockchains easily, such as Ethereum Network, BNB Chain, and Polygon. It will make every transaction optimised for the lowest prices and at the quickest speeds. Hence, as an investment, SSW is looking like an attractive investment as the second half of the year 2022 comes around.
Seesaw Swap: https://swap.seesawprotocol.io/