Despite both Bitcoin and Ethereum, the world’s two leading cryptocurrencies, trading in the negative in the past seven days, there are still some cryptocurrencies like Avalanche (AVAX), Polkadot (DOT), and Seesaw Protocol (SSW) on the upturn.
With Avalanche and Polkadot established as some of the biggest cryptocurrencies in the world, the likes of Seesaw Protocol remain in presale ahead of its full launch in April which demonstrates a big opportunity for those wanting to invest early in crypto that could potentially result in big profits.
Seesaw Protocol (SSW)
Preparing for its full launch on April 8th, Seesaw Protocol (SSW) is currently in stage two of its presale and performing at a high rate.
Up over 300% in the past month, Seesaw Protocol is rising and rising fast having already achieved a staggering 2000% rise since the beginning of its presale.
With some analysts estimating the value of SSW to increase from $0.2 to $0.45 from now until its full launch, potential investors could see this opportunity to invest as one that could make a big difference to their crypto wallets.
Seesaw Protocol is attempting to solve a significant interoperability issue plaguing the cryptocurrency industry as a decentralized multi-chain DeFi platform.
The project allows its users to transfer data between the three leading blockchains in the industry: Binance Smart Chain (BSC), Ethereum (ETH), and Polygon (MATIC).
With Seesaw Protocol, users can choose the blockchain they feel is the fastest and the most cost-effective method of undertaking their transaction, and the commission for the protocol is less than 1%.
With the launch of SSW on PancakeSwap in Q2 of 2022, the momentum that SSW has will only continue throughout what will be a significant year for the project.
Avalanche (AVAX)
Ranked as the 10th biggest cryptocurrency in the world, according to data from CoinMarketCap, Avalanche (AVAX) is a blockchain platform that supports the deployment of smart contracts.
Alongside Solana (SOL), Avalanche has been labeled as one of the “Ethereum killers” because of its focus and priority of improving transaction processing speed and scalability.
Its blockchain can reportedly process up to 4,500 TPS (transactions per second) while it also houses its native currency AVAX.
Currently, up 2.4% in the past 24 hours, AVAX is trading at $74.82, down almost 50% from its all-time high of $144.96, set in November 2021.
Polkadot (DOT)
Up 4.56% in the past 24 hours, Polkadot (DOT) is ranked as the 12th biggest cryptocurrency in the world, according to data from CoinMarketCap.
Polkadot is a blockchain platform that uses a proof-of-stake algorithm and allows for distributed computing.
The platform enables cross-chain interoperability which allows its users to send data across blockchains.
A threat to the dominance Ethereum has demonstrated in the blockchain space. Polkadot’s focus on scalability and interoperability is breeding a new era in the cryptocurrency space and one Seesaw Protocol (SSW) is focused on solving.
Polkadot’s native DOT token is up 6.9% in the past 24 hours, currently trading at $18.12.
Find Seesaw Protocol on social media:
Presale | Website | Telegram | Twitter | Instagram
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Source: https://beincrypto.com/how-seesaw-protocol-avalanche-and-polkadot-could-boost-profits/