What is SeeSaw Protocol: Everything You Should Know About SSW

Cryptocurrency presales are mutually beneficial, and often facilitate the creators’ ability to apply the final touches to a project. The Seesaw price page is just one in Crypto.com Price Index that features price history, price ticker, market cap, and live charts for the top cryptocurrencies. With this comes the knowledge that your investment will not go down. As these are stable by their name, they are stable by nature, and as a result, your investment will not go up either. USDT is ranked third by market cap behind Bitcoin (BTC) and Ethereum (ETH) but will always be tied to the dollar, with 1 USDT always being worth $1. Kadena (KDA), Filecoin (FIL), and Seesaw Protocol (SSW) are cryptocurrencies that each provides a distinct market function.

However, some of them have been hit harder by the cryptocurrency industry bear market than others, and the SeeSaw protocol was one of them. Its decentralized nature provides security to users since there is no single point of attack, making data more difficult to compromise. With the ever-increasing need for storage space in today’s virtual world, it’s simple to see why Filecoin may be an interesting long-term investment for many. The advantage this new platform has is that it is relatively newer in comparison to other layer 1 protocols that are already established. This is good because it means there is more room for the price to grow rather than already well-established chains like Avalanche, for example.

Seesaw Protocol (SSW) Constantly Defying Expectations

Get latest crypto prices, predictions,
news, and historical data for Bitcoin and thousands of altcoins. Kadena (KDA) has its own blockchain and its own cryptocurrency, the Kadena token. It is used as a native token to compensate anyone who is willing to mine blocks on their network. Without an incentive, no one will mine the blocks, and the system would fail as a whole. This encourages people to mine these tokens at a more profitable price. Mined tokens are then used to pay transaction fees, allowing users’ transactions to be recorded on the Kadena blockchain.

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This has historically played a pivotal role in cryptocurrency markets and is a major component of creating a realistic Seesaw prediction. In its presale and ICO, Filecoin raised an astonishing $52m and $205m respectively. They had huge investors in the private presale, including Sequoia Capital and Union Square Ventures. This in turn drew thousands of public investors who were confident of the project’s success. One of the key features of the presale was the incentives offered to early buyers. The initial price was set at a dollar and increased with every investment.

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For example, a 12-day simple moving average for SSW is a sum of SSW’s closing prices over the last 12 days which is then divided by 12. Seesaw Protocol will hope to follow in the successes of the Filecoin presale and ICO. It is a token that is idealistically different to FIL but one with similarly lofty ideals, and a high level of utility. Seesaw Protocol will give its users the ability to conduct cross-chain swaps. This enables SSW holders to find the best and quickest chain for their transaction, as well as the one with the lowest gas fees. DeFi (decentralised finance) protocols reached an all-time high of $236 billion TVL (Total Value Locked) in 2021, and Seesaw Protocol is uniquely positioned to capitalise on this growing market.

seesaw coin

Some traders try to identify candlestick patterns when making cryptocurrency price predictions to try and get an edge over the competition. Some candlestick formations are seen as likely to forecast bullish price action, while others are seen as bearish. In addition to the simple moving average (SMA), traders also use another type of moving seesaw coin average called the exponential moving average (EMA). The EMA gives more weight to more recent prices, and therefore reacts more quickly to recent price action. The North German thaler was a currency used by several states of Northern Germany from 1690 to 1873, first under the Holy Roman Empire, then by the German Confederation.

What will the price of Seesaw be next week?

When compared to other blockchains, Kadena claims that their blockchain, together with Pact, is the only layer 1 proof of work blockchain that can be scaled appropriately. They further say that Kadena has the same level of security as Bitcoin, uses little to no gas, and has well-designed smart contracts. The coin’s initial price is set at $0.005, with “BNB, BTC, ETH, BCH, LTC, DASH, DOGE, USDT (ERC20-TRC20), and many more” allowed as purchasing currencies. As previously stated, the buy tax is set at 3%, and the selling tax is set at 5%. The buy tax has a 1% token redistribution, a 3% LP acquisition, and a 1% marketing tax, whereas the selling tax has a 1% token redistribution, a 3% LP acquisition, and a 1% marketing tax.

  • This allows holders and users to switch at highly attractive rates and can be economically advantageous with its potential solutions for many scenarios.
  • This enables SSW holders to find the best and quickest chain for their transaction, as well as the one with the lowest gas fees.
  • The total global market cap of cryptocurrencies is almost $2 trillion, and there are more than 17,000 digital currencies available for investors to buy.
  • In other words, mere plans do not necessarily equal real world results.
  • When compared to other blockchains, Kadena claims that their blockchain, together with Pact, is the only layer 1 proof of work blockchain that can be scaled appropriately.

Every investor, like every newcomer and every industry, is encouraged to conduct their own study and make their own decisions. SeeSaw Protocol has only recently been developed and is not yet available for trade in the broader market. Because it is a newcomer, it is too early to speculate on its success. Traders also like to use the RSI and Fibonacci retracement level indicators to try and ascertain the future direction of the SSW price. Thaler currencies identical to the North German thaler include the Hesse-Kassel thaler, Saxon thaler and Stolberg thaler, though not all may be divided into 24 gutegroschen.

Seesaw Key Price Levels

According to our historical data, it is currently not profitable to invest in Seesaw. Regulations governing cryptocurrencies vary by jurisdiction and may change over time, which could impact the legality and use of cryptocurrencies. If you are new to crypto, use the Crypto.com University and our Help Center to learn how to start buying Bitcoin, Ethereum, and other cryptocurrencies. Seesaw Protocol (SSW) is the crypto that everyone is talking about because it has had almost a 2250% increase in value since it began in mid-January 2022. The revolutionary crypto has a very powerful vision and arguably, this could be a big part of the crypto’s early success.

Currently, the RSI value is at 37.02, which indicates that the SSW market is in a neutral position. They can be expensive but in return may provide exclusive benefits such as private bonuses once the token is released. The second type of presale is one that is open to the public, which is where the majority of presale tokens are sold.

Seesaw Protocol increases by 2000% with six weeks to run

The purpose of a moving average (MA) is to smooth price action over a certain amount of time. Moving averages are a lagging indicator which means they are based on previous price action. In the table below you can find two types of moving averages, simple moving average (SMA) and exponential moving average (EMA). Early investors will gain more tokens and as with Filecoin, the price will increase as more people climb on board. Seesaw Protocol’s presale is a revolutionary opportunity to invest in a promising token before its release, therefore buying at the lowest price available. According to CoinGecko, FIL’s price exploded to $114 in the hours after it was finally listed in 2020, rewarding those who invested early.