After the value of the cryptocurrency market nearly tripled in 2021, you may be eager to take your first steps in what has been dubbed “the future of money”.
Ethereum (ETH) and Bitcoin (BTC) have fallen by over 40% since the end of last year, which means that this might be the perfect time to buy these mainstream cryptos at a significant discount. But it’s also wise to invest in up-and-coming cryptos as they have the most potential to explode in value. A new crypto called Seesaw Protocol (SSW) has fantastic potential to generate huge returns in 2022 and beyond.
One of the main reasons people don’t like owning cryptocurrencies is because of high volatility. If you look at the two most valuable and well-known cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH), you’ll see that they often move by 5% or more every day. This kind of volatility is almost unheard of when it comes to big stocks. Investing in this untested asset class means having the stomach to deal with the ups and downs of the market and keeping your eye on the long term.
Diversify Your Portfolio
Owning the two biggest cryptocurrencies in the world is a slightly less risky investment. Bitcoin (BTC) and Ethereum (ETH) are becoming increasingly accepted by the global financial world. JP Morgan recently released a report that stated they believe Bitcoin will increase to $120,000 over the next five years. Considering the fact that Bitcoin is currently trading around $37,200, this would be a very healthy return on investment.
However, a good portfolio is a diversified portfolio, and small-cap or up and coming cryptocurrencies have the potential to rocket by thousands of times in the matter of a few months. Solana (SOL), for example, has surged over 10,000% last year.
A new cryptocurrency that offers the potential for massive growth in 2022 is Seesaw Protocol (SSW). This crypto has just launched its presale, and with its launch coming in a matter of weeks, it offers the best opportunity for holders to get in early, before the initial coin offering surge.
Seesaw Protocol (SSW) will serve as a true multi-chain bridge, connecting Polygon (POLY), Ethereum (ETH), and Binance’s Smart Chain (BSC). This will enable holders to conduct multi-chain swaps at the cheapest and quickest rates by utilising multiple solutions.
Seesaw Protocol is still just beginning to break into the cryptosphere, offering an excellent opportunity to buy from the ground up and get in before the next gold rush. As this cryptocurrency becomes increasingly adopted and is listed on various exchanges such as PancakeSwap and Uniswap, its value could jump.
Seesaw Protocol’s team is committed to building the best crypto community possible, and one way they are doing so is by adding a fee to each transaction. Each purchase of SSW is subject to a 3% fee, and each sale is subject to a 5% fee. This is advantageous for holders, as the fees are redistributed among existing holders of SSW, meaning the longer you hold, the more tokens you’ll have. This may also help stabilise the cryptocurrency by encouraging people to buy and hold rather than sell, thereby reducing volatility.
With the need for faster, cheaper and cross-chain transactions, Seesaw Protocol looks perfectly poised to challenge the top two and generate huge value for holders.
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