Could $1000 in Seesaw Protocol Return Millions Like Dogecoin & Shiba Inu?

According to the official whitepaper, the project is currently being onboarded for audit by CertiK. However, at the time of this writing, the audit itself hasn’t been completed, which means that there’s no official security assessment of the Seesaw Protocol. Initially, the token will be launched on PancakeSwap with a 3% https://www.xcritical.in/blog/what-is-seesaw-protocol-everything-you-should-know-about-ssw/ purchase fee and a 5% sale fee. Some of these fees will be redistributed to existing SSW holders providing them with a way to earn passively on their holdings. The Seesaw Protocol team is dedicated to creating the best crypto community possible, and one way they are doing so is by charging a charge on each transaction.

Parallelly, the utility cryptocurrencies that currently exist are usually linked to DeFi Projects like Crypto Games or Metaverse. The holders of such tokens can use them to buy in-game items or acquire them by trading their in-game items. Unknown or anonymous developers – On some occasions, it can appear inauthentic if the creators of a cryptocurrency are unknown.

It is an emerging NFT and crypto projectmainly aimed at meme coin investors; but don’t let that stop you! This project features an NFT collection featuring the internet’s meme dog, Shiba Inu, along with a $DOE Token that can be traded on exchanges. The Dogs of Elon ($DOE) bills itself as a special meme coin project, because it is! According to the project team, this innovative cryptocurrency has plans to create the popular NFT avatar alternative of the CryptoPunks movement.

The Seesaw Protocol (SSW) is not yet available to the general public. The Seesaw Protocol has just been released and is currently in the presale stage. Its success is speculative because it is a newcomer to the bitcoin business. However, the Seesaw Protocol has provided https://www.xcritical.in/ several amazing characteristics that may result in a profitable venture for many investors. The protocol will be multi-chain, encompassing Ethereum as well as the Polygon network. This could raise eyebrows in itself but all the evidence points towards legitimacy.

• We use the latest financial technology for instant delivery, and instant verification.
• And in the process, allow folks to find the best speeds and lowest fees to carry out transactions.
• If you buy some of this token, then rope some friends or family into buying some, you can get up to a 5% bonus.
• As previously stated, the buy tax is set at 3%, and the selling tax is set at 5%.

Seesaw, which has attributes that appeal to investors worldwide, has the potential to yield big returns for those who are able to jump on board early enough. Owners of the coin will benefit from SSW trading, which means that a large trading volume will result in a high value of your held pie. Savvy investors should look for new and upcoming cryptocurrencies that have strong foundations and offer unique and valuable innovations to the crypto market. If you had invested just $1500 in DOGE before to its inception, you would now be a millionaire. This will provide access to the next presale round, which will finish a month later on March 25th, 2022 with 89,100,000. The last presale round will conclude on April 8, 2022, with 29,700,000 SSW tokens expected to be sold.

Each SSW buy is subject to a 3% fee, and each sale is subject to a 5% fee. This is beneficial to holders because the fees are dispersed among existing SSW holders, thus the longer you hold, the more tokens you’ll have. On a relatively little investment, it can result in big gains. No liquidity – It is important to ascertain if a new cryptocurrency has liquidity locked.

Meme coins were the definitive success stories amongst the many positives for cryptocurrency in 2021. The 2 major meme coins are Dogecoin (DOGE) and Shiba Inu (SHIB). The two dog-themed cryptocurrencies are currently ranked 11th and 14th respectively by market cap.

The potential effect of proposed crypto tax rules creates perturbance in the political sphere

Given that SSW holders cannot sell until the project launches, the 1000% increase in the price so far is set to increase further as the April launch date approaches. So you’re celebrating the scammers behind this token simply raising the price? This makes zero sense when the token doesn’t exist and not one single person has a contract address so there will not be a single person who will receive their pre purchased token. Jay Jackson is a crypto trader, researcher and freelance writer. He works closely with people and businesses in the crypto sphere, writing blog posts, guides, press releases, reviews and ebooks. From the absence of mainstream, centralized banks to the creation of such a currency using the process of mining, there is a lot left to be understood by investors and the public alike.

Yes, such a reason is a critical Red Flag for investors, yet on the other hand, it is being featured by numerous noteworthy media platforms. To be fair, SSW is new, and we can only expect so much as the project behind this cryptocurrency continues to develop. Among the many reasons to get this digital currency is the reward incentive of simply holding them. A regular airdrop feature enables long-term holders of the token to earn extra coins. The alarming rate by which the SSW Tokens are rising in value has certainly drawn speculations from the crypto community.

We’ll help you navigate the crypto market smoothly and get access to all the popular coins like Bitcoin, Ethereum, Litecoin and many more. Currency.com is a cutting-edge platform that helps you purchase cryptos online safely, instantly, and hassle-free. Achieving growth of 340% in the past year was a remarkable effort from the Polygon team and 2022 could produce similar results. Token launch allocation will be determined after presale ends.

What is the SeeSaw Protocol?

Presently, the project mentions that its holders can use the SSW Tokens on blockchains like Binance Smart Chain , Ethereum , Polygon , etc. A utility cryptocurrency simply means that these coins and tokens proposition the right to procure a product or service. Think of it as the standard currency exchange; the stronger your currency exchange rate, the cheaper your imports. SSW’s main objective is to enrich your crypto experience through the promise of a fixed low fee of 3%, better rates, and absolute transparency.

Everything You Need to Know About SeeSaw Protocol

The initial month of presale completion raised its value by over 2500% with greater ascend expected after Q3. This project is affiliated with a high-risk Launchpad known as BoostX Finance. After a thorough assessment of BoostX-affiliated projects from CertiK auditors and investigators, we required the project team to undergo involuntary KYC, with which they did not comply. Its second phase pre-sale ended on 25th February with 178,200,000 tokens sold, and the third pre-sale phase will end on 25th March. It offers up to 89,100,000 SW for sale while the final pre-sale phase will offer up to 29,700,000 SSW for sale.

You may now be thinking, “Well, how do I find these projects before anyone else does? This could be the next big investment, with all eyes on the currency itself, but caution is advised. Every investor, like every newcomer and every industry, is encouraged to conduct their own study and make their own decisions. While the market was first hesitant to engage in the brand and accept its presence, we are now witnessing increased investments in the name, as well as large names joining the train. If your referred friend didn’t use the right link or code to sign up, you’re not eligible to receive the reward.