The Best 3 Cryptos To HODL
The crypto market is finally beginning to recover after a months-long slump. However, because prices are still low, now is a good time to consider expanding your portfolio.
Because cryptocurrency is largely speculative right now, it can be a risky investment. Nobody knows which cryptos will succeed in the long run (or if the sector as a whole will still exist in decades), making it difficult to pick the right investments.
While cryptocurrency is still risky, there are a few that offer significant benefits and could be good long-term investments.
Ethereum (ETH) is a favourite among investors as the second most popular cryptocurrency after Bitcoin (BTC).
Ethereum (ETH) is the most popular platform for dApps, which range from DeFi to NFT exchanges. Ethereum (ETH) is becoming even more widely used as interest in these areas grows.
In addition, developers are working on a blockchain update that will make it much faster and more affordable for users. This upgrade will convert Ethereum (ETH) from a proof of work (PoW) to a proof of stake (PoS) mining protocol, significantly reducing transaction times and fees.
The second phase of this update is expected to be finished this year, with the final phase not arriving until next year. Ethereum (ETH) could become an even more powerful player in the crypto space once it’s completed.
Solana (SOL) is one of the fastest-growing networks, with a year-over-year increase of over 11,000% in 2021.
The biggest advantage of this cryptocurrency is that it excels where Ethereum (ETH) fails. Ethereum’s transaction times are currently extremely slow. Solana (SOL), on the other hand, is one of the fastest networks in the world, with up to 65,000 transactions per second (compared to Ethereum’s (ETH) sluggish 13 transactions per second).
Solana (SOL) may find it more difficult to compete once Ethereum (ETH) completes its upgrade. However, while waiting for Ethereum’s (ETH) update, developers have been flocking to Solana (SOL), and there’s still time for Solana (SOL) to gain new advantages and solidify its position in the crypto sector.
Seesaw Protocol (SSW)
Seesaw Protocol (SSW) is a fully on-chain liquidity protocol that can now be bought on PancakeSwap and Seesaw Swap after its successful presale that ended a couple of weeks ago. The Seesaw Protocol (SSW) is predicted by crypto experts to spurn the interest of yield hunters.
SSW is currently trading at $0.01178, and with so much potential value and upgrades planned for the protocol, the price is expected to skyrocket in the near future.
Seesaw Protocol (SSW) was listed on CoinGecko and CoinMarketCap in less than four days, demonstrating how outstanding the community is and how committed they are to the coin’s long-term viability.
Seesaw’s (SSW) ability to act as a bridge between blockchains such as Binance Smart Chain (BSC), Ethereum (ETH), and Polygon (MATIC) is one of the main reasons for its success. This means that users can use the most efficient blockchain for a transaction at the time, all while keeping gas fees low and transaction times short.
Reflection, which is a reward frequently issued by newer cryptos, also benefits SSW holders. Every transaction on the network is charged a 3% fee, which is then redistributed to all SSW holders. As a result, just by keeping tokens in their wallets, they can earn more SSW, ultimately maximising ROI.
Find out more about Seesaw Protocol (SSW) here: