Since its launch in January this year, the SeeSaw protocol has seen a growth of over 2000 per cent. Although the past few weeks have been tough on the cryptocurrency, the problem has been industry-wide, where almost all cryptos have dropped in price. In today’s trading session, the bearish market continued, with Seesaw losing more than 10 per cent. Some of the functionalities you seesaw protocol price should expect when using the project include the ability to swap your asset between multiple chains with almost 0 per cent commission. The seesaw protocol also has a locked liquidity functionality and allows farming by implementing a gas-efficient ecosystem for gaining extra yield. The platform also uses the Metaverse and its numerous immersion technologies to provide education.
As previously stated, the buy tax is set at 3%, and the selling tax is set at 5%. SSW is characterized as a true multi-chain linking coin that bridges or connects MATIC (Polygon), ETH (Ethereum), and BSC (Binance’s Smart Chain). This allows holders and users to switch at highly attractive rates and can be economically advantageous with its potential solutions for many scenarios. SeeSaw Protocol, often known by its ticker SSW, is a newly announced digital token with significant development potential and an intriguing investment possibility. These ledgers are comparable to traditional ledgers in that they are not just electronic, but everyone who possesses one can be a bookkeeper.
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Seesaw Token deployed to Binance Smart Chain and will also be deployed on Polygon and Ethereum.
SSW users will be able to conduct cross-chain swaps in order to seek the best price and fastest speed for their desired transactions. The job can seem daunting and increasingly difficult for the curious and those interested in the bitcoin industry. But not, you may learn how to invest in cryptocurrency and what is SeeSaw Protocol in this material. Cryptocurrency presales are used to garner attention, buzz, and funding for new crypto projects.
The Seesaw token
Seesaw protocol dropped by more than 10 per cent in today’s trading session to trade at $0.011. This is despite gaining traction in the past 24 hours, which saw its trading volume shoot up by more than 90 per cent. However, its trading volume is only about $30,000, making such a significant increase in trading volume have less impact on the markets.
Many investors are ready to capitalize on what could be the next ample investment opportunity. SSW attracts investors worldwide; it may generate big profits for those who can jump on board early enough. The SSW Protocol aims to be a cryptocurrency designed to bridge multiple blockchains, solving a vital interoperability issue in a new area. Its creators claim SSW will be able to merge Binance Smart Chain (BNB) with Ethereum (ETH) and Polygon (MATIC). Cryptocurrency has long been the debate about whether a digital payment system can be trusted. From the absence of centralized central banks to creating such a currency using a mining process, much remains to be understood by investors and the public today.
Seesaw News Today
While it does offer a much needed solution in the crypto world its huge token price crash is of concern. SSW can be traded and farmed across the Binance Chain, Ethereum, and Polygon blockchains. SSW has been trending on engines and is currently in the presale stage, with its expected launch just around the corner.
But that doesn’t mean there’s only a 10% chance that Seesaw Protocol will succeed. But if it does fail, there’s no guarantee any of the money raised will be recouped by investors. The distribution of Seesaw Protocol crypto tokens will take place at the end of the presale. Then, investors will be able to withdraw their tokens onto a BEP-20 compatible wallet. As you can see from the presale price chart, Seesaw Protocol crypto has been heading skyward.
Seesaw Protocol (SSW)
Just like with any other asset, the price action of Seesaw is driven by supply and demand. These dynamics can be influenced by fundamental events such as block reward halvings, hard forks or new protocol updates. Regulations, adoption by companies and governments, cryptocurrency exchange hacks, and other real-world events can also affect the price of SSW.
Best-in-class web & mobile trading platforms, sales-driven CRM, full integration with MT4/5, and 150+ payment providers. You may exchange the SeeSaw token across multiple chains with almost zero fees. It should allow taking advantage of the most efficient blockchain at the optimal time, depending on network congestion, and therefore find the fastest and cheapest transactions. We’ve all heard of currencies like Bitcoin (BTC), Ethereum (ETH), and even Dogecoin (DOGE). Still, a new currency on the rise will make understanding cryptocurrencies as easy as possible. If you do not know what is SeeSaw Protocol, we recommend you read this article.
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However, due to the project being new in a very volatile cryptocurrency market, it has struggled with gaining more trading volume in the market. Part of the reason is the recent fall of new projects that have resulted in investors becoming extremely cautious. As a result, in the past 24 hours, the project has seen its trading volume drop by 54 per cent. Unfortunately, such a drop in the new cryptocurrency has meant that the total trading volume is below $10,000. As a result, SeeSaw platform has the potential to transform DeFi projects.
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Posted: Tue, 03 Oct 2023 04:46:39 GMT [source]