While ApeCoin (APE) is Up Nearly 37% in the Last Week, Monero (XMR) Added Nearly 20% Gains — How Seesaw Protocol (SSW) is Silently Changing the Game
The cryptocurrency markets are in turmoil, with numerous popular currencies losing value during the last week.
On the other hand, several cryptocurrencies have resisted market sentiment and notched double-digit gains during the previous week. While Apecoin (APE) increased by 37% to $16.56, Monero (XMR) increased by over 20% to $273.83.
Interestingly, a newcomer, Seesaw Protocol (SSW), has increased in value by approximately 6,000% since its launch. SSW token price grew from $0.005 during the presale to $0.306 at the time of writing. Why is it increasing so rapidly?
Let’s study the attributes of these cryptocurrencies and why they should be included in your portfolio:
ApeCoin (APE): Still a Good Buy?
ApeCoin (APE) has the potential to be one of the most significant winners in 2022. It’s exhilarating to see a coin’s value skyrocket, particularly given the present bleak outlook for the crypto-finance industry.
The Bored Ape Yacht Club, one of the most successful NFT initiatives to date, served as an inspiration for the early success of the APE project.
ApeCoin continues to astound investors with daily price changes of several percent after garnering so much attention in less than two months of its inception.
APE reached an all-time high of $39.40 in the last two weeks of March 2022, owing to the recovery of the crypto finance sector. It is currently trading at $16.75 and has become the 33rd largest coin by market capitalisation.
Monero (XMR): Can it Continue to Surge?
Monero (XMR) was one of the world’s first privacy currencies. Today, more than ever, privacy is critical. As a result, Monero is one of the most widely used cryptocurrencies.
Monero uses powerful cryptographic techniques to guarantee that you are never associated with a Monero coin transaction.
Interestingly, this technique allows the Monero blockchain to transmit and receive transactions in a way that shields sensitive data from prying eyes.
By soaring to new heights, the XMR token has generated returns of more than 100x for its early investors. Additionally, the profits breached the 200x mark when the coin hit a lifetime high of $517.62 on 7 May 2021. XMR coin is now trading at $276.50, with massive upside potential.
Seesaw Protocol: The Rising Knight?
A crypto token’s trip begins only when officially released, which implies that the Seesaw protocol’s (SSW) journey has just started. There is a great deal to anticipate from this rising knight of cryptocurrency.
SSW launched in early April after a record-breaking presale in which the token increased more than 6,000% from $0.005 during the presale phase to $0.306 at the time of writing.
Seesaw Protocol is a non-custodial decentralised ecosystem of DeFi products, services, and use cases that span many chains. Investors can select the blockchain on which their transactions will occur, providing a degree of choice previously unavailable to cryptocurrency traders. Moreover, its use cases expand to the Metaverse and NFTs.
These attributes exemplify why Seesaw Protocol (SSW) was influential during the presale and immediately after the sale.
What makes Seesaw Protocol a Unique Project?
The Seesaw protocol is a cross-chain platform that utilises bridges to connect to the Binance Smart Chain (BSC), Ethereum (ETH), and Polygon (MATIC) networks.
Apart from basic DeFi functionality, the Seesaw Protocol aims to harness the potential of decentralised finance to allow the creation of an immersive Metaverse empire.
This includes multimedia streaming and storytelling, immersive audio experiences, virtual and augmented three-dimensional reality, synthetic scent generation, artificial intelligence, gaming, and haptic feedback.
Seesaw Protocol holders are rewarded by dispersing the 3% transaction purchase cost to all users. These rewards are available to any wallet that has the SSW token.
Additionally, Seesaw Protocol will give around 1% of its marketing budget to the Education fund, utilised to support educational institutions across the globe. This fund will be used primarily in developing nations to cover the costs of the resources required to provide essential education.
Should you Invest in Seesaw Protocol (SSW)?
SSW is still in its infancy, but it is likely to develop into a lucrative protocol that dearly rewards early investors. It has already generated a 60x return on investment for its first presale investors.
SSW tokens are currently available for purchase on PancakeSwap (CAKE), one of the world’s major cryptocurrency exchanges, and on the project’s own SeesawSwap, which can be accessed through the project’s official website.
To buy SSW tokens: https://swap.seesawprotocol.io/