In a “Doge Eat Doge” Crypto World, Can Seesaw Protocol Be the Next Dogecoin

Place/Date: – January 27th, 2022 at 8:45 am UTC · 4 min read
Source: SeeSaw Protocol

Once a mysterious and perplexing concept, cryptocurrency is now consuming global headlines. After surpassing $3 trillion in market capitalization last year, the cryptocurrency market demonstrated unequivocally that it is here to stay and represents the future of value transactions.

Cryptocurrencies provide a new decentralized method of value exchange that is significantly less expensive than traditional markets or fiat currency, especially for those with limited economic flexibility. This article will discuss why cryptocurrencies are the future and how investing in a new cryptocurrency such as Seesaw Protocol could help you become the next crypto millionaire.

Explanation of Cryptocurrencies

Consider cryptocurrencies as digital currency, with a plethora of different types serving a variety of purposes. They all contribute to the development of a more immersive digital experience.

Crypto enthusiasts believe that cash and the US dollar are obsolete and, in fact, substandard currencies. Cryptocurrencies enable the rapid and low-cost exchange of value across the globe, without the need for a bank or a centralized government. As a result, they are frequently referred to as “frictionless.”

Explanation of the Blockchain

Blockchain technology is a decentralized, extremely secure system (the root of the word crypto, is encryption). Blockchains may be more secure than traditional payment methods due to their compatibility with a wide variety of computer operating systems.

The use of cryptocurrency wallets such as TrustWallet or MetaMask has facilitated the purchase and trading of hundreds of cryptocurrencies.

Explanation of Decentralization

Cryptocurrency could provide the opportunity for true economic independence. Unsurprisingly, economically disadvantaged groups throughout the world have been at the vanguard of the Bitcoin revolution. According to the University of Chicago’s National Opinion Research Center, 46% of bitcoin owners come from economically disadvantaged households. These findings are consistent with those communities’ inherent distrust of government regulation and the global income disparity.

Accessibility is another critical factor influencing crypto adoption. Investors can purchase cryptocurrencies at an absurdly low entry point – they can purchase a fraction of a coin such as Bitcoin or Ethereum for a small amount of money. As a result, cryptocurrency has the potential to be a global equalizer.

This allows individuals with limited available capital to participate, whereas the stock market has historically excluded such individuals.

Individuals who invested as little as $150 in meme coins such as Shiba Inu or Floki Inu early on and stayed until they reached their peaks are now millionaires. Consider how significantly those individuals’ lives have changed as a result of a relatively small initial
investment.

What to Invest In

Given the wild fluctuations in the cryptocurrency market, determining the next investment is difficult. Large-cap cryptos such as Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE) do not appear likely to replicate their initial meteoric price rises.

One reason for this is that the optimal time to invest appears to be during the early stages of a cryptocurrency’s development, prior to widespread popularity and adoption.

This is why a new cryptocurrency called Seesaw Protocol (SSW) may offer the best opportunity for massive returns at the moment.

Seesaw Protocol presale has just started, providing investors with an ideal opportunity to invest from the beginning.

Seesaw Protocol (SSW) has the potential to fundamentally alter the way DeFi projects are conducted. Gas fees on blockchains, particularly Ethereum (ETH), are notoriously high. Seesaw Protocol can assist holders in locating the best cross-chain transfers at the lowest possible prices.

The Seesaw Protocol team is dedicated to building the best crypto community possible, and one way they do so is by charging a fee for each transaction. Each purchase of SSW carries a 3% fee, and each sale carries a 5% fee. This is beneficial for holders, as the 3% is redistributed among existing SSW holders. The 5% sell fee is added as a liquidity pair alongside Binance Coin on PancakeSwap (BNB). This may also contribute to the cryptocurrency’s stabilization by encouraging people to hold rather than sell, thereby reducing volatility. Additionally, it enables liquidity, which is critical for any cryptocurrency to continue trading smoothly.

As Dogecoin’s (DOGE) 25,000% return on investment demonstrates, investing in a cryptocurrency early on can result in massive profits on a relatively small investment. Seesaw Protocol may be the most recent opportunity to capitalize on the windfall.

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