By now, everybody knows how good 2021 was for cryptocurrency. Nearly every major coin reached new all-time highs and broke records. From Bitcoin (BTC) to Ethereum (ETH) to Binance Coin (BNB), almost all notable crypto assets posted huge gains.
The first month of 2022 was a different story. After a crash in December of 2021, the market continued to dip in January of 2022. Ethereum (ETH) went from $3247 to $2212 in a matter of 4 days, a 31% decrease. Since this January low, the market has started to recover. Away from the top 10 coins, Seesaw Protocol’s (SSW) presale is making headlines due to its burgeoning success.
A Year of Evolution for Ethereum (ETH)
Ethereum (ETH) is the second biggest cryptocurrency in the world, behind only the gargantuan Bitcoin (BTC). Launched in 2015 by Vitalik Buterin, the Ethereum network has been used by thousands of developers to build apps and NFTs, amongst many other things. It has come under some criticism for its scalability issues, where some users incur high fees for what are comparably slow transactions. For this reason and others, Ethereum is transitioning in 2022 to what is being called ‘Ethereum 2.0’.
ETH 2.0 will make the network faster, cheaper, more sustainable, and more accessible. It is widely predicted by crypto analysts that the price of ETH will break its previous all-time high of $4891 from November. Figures ranging from $6500 to $10,000 have been predicted. However, even the most ardent Ethereum holder would admit that ‘The Flippening’, a much-talked-about day where ETH flips BTC to become the biggest cryptocurrency in the world, is a long way off.
Binance Coin (BNB) Can Thrive as the Market Does
Binance Coin (BNB) has the 4th biggest market cap of all cryptocurrencies. Bitcoin (BTC), Ethereum (ETH), and the stable coin Tether (USDT) are the only tokens that are larger. BNB is the native token of the Binance exchange and the Binance Smart Chain. Binance is the biggest cryptocurrency exchange in the world (by trading volume).
As a result, the health of the crypto market generally directly correlates with the health of Binance Coin (BNB). In January 2021, BNB was worth around $40. 5 months later, in May 2021, BNB hit a height of $690, which remains its ATH as of February 2022. Experts and analysts in the crypto sphere are less confident of new BNB records than they are with ETH, but there is still a fair amount of confidence that BNB can break the $500 barrier in 2022 and hit 4 figures over the next few years.
Seesaw Protocol’s (SSW) 1000% Presale is Just the Start
As an emerging bridging token that allows its users to conduct cross-chain swaps from the major blockchains of Binance, Polygon, and Ethereum, Seesaw Protocol has already received plenty of attention from investors. This is reflected in its rapidly increasing price, which is rising from hour to hour and day to day. In 3 weeks, it has risen more than 1000% from its initial price of $0.005 to its price at the time of writing: $0.058.
Presale investors that refer a new backer will be rewarded with a 5% bonus in SSW tokens, as will the referee. Once SSW launches on PancakeSwap and UniSwap, there will be a 3% buy tax and a 5% sell tax. It is partly distributed back amongst existing holders and partly added to a liquidity pairing with BNB on PancakeSwap.
Enter Presale: https://presale.seesawprotocol.io/register
Website: https://seesawprotocol.io/
Telegram: https://t.me/SEESAWPROTOCOL
Twitter: https://twitter.com/SEESAWPROTOCOL
Instagram: https://www.instagram.com/seesaw.protocol
The presented content may include the personal opinion of
the author and is subject to market condition.
Do your market research before investing in cryptocurrencies.
The author or the publication does not hold any responsibility
for your personal financial loss.
Ecosystem
Research
News Network
About