Latest cryptocurrency news: Shiba Inu (SHIB), Dogecoin (DOGE), Seesaw Protocol (SWW)

What is SSW?

One of the new launches in the crypto world is the Seesaw Protocol (SSW).this Cryptocurrency Designed to act as a connector between different ecosystems. Therefore, anyone who holds it can send and receive value between different systems. Facilitates transactions between polygons and MATIC, Ethereum smart chains, and Binance or BNB. Therefore, this cryptocurrency is designed to perform better than cryptocurrencies such as ETH. By design, the Seesaw Protocol enables faster and more affordable transactions.
The seesaw protocol, unlike Bitcoin, sees the future created by Metaverse, especially in the world of education. He is working on creating a metaverse that appeals to children who find learning in the virtual world immersive and enjoyable.

DeFi by seesaw protocol

DeFi is an abbreviation for “Decentralized finance”. This is the financial technology that is emerging today, made possible by the decentralized and secure ledgers used in cryptocurrencies. The management of financial institutions such as banks will be removed. The main attractions of DeFi are:

  • Anyone can access cryptocurrencies through a secure digital wallet.
  • You do not need to get the approval of the financial authorities.
  • Fees charged by banks and other financial institutions for services are exempt.
  • Remittances can take seconds or minutes.

Seesaw protocol utility

The seesaw protocol is built as an unprotected, decentralized, multi-chain ecosystem of DeFi protocols, products and more. Tokens will be distributed by Binance’s Smart Chain, Ethereum and Polygon. Users can find a comprehensive service of Seesaw Finance. It provides users with a way to manage their secret assets with popular blockchain and P2P exchange services.
It also includes a multi-chain swap feature. Seesaw protocols can be exchanged between multiple chains. There are no fees, which is very beneficial to the user.
It also has a locked liquidity aspect. This is done by attaching a timelock smart contract to the liquidity pool token.

Comparison between Dogecoin and Shiba Inu

The seesaw protocol is relatively new in the world of cryptocurrencies, Doge Where Dogecoin It’s been eight years now. It was initially launched as a countermeasure against Bitcoin. In the first half of 2021, it attracted attention when the valuation reached a record high of about 15,000%. However, although it began to fall in 2022, it is currently maintaining its valuation at $ 0.137. He certainly helped his supporters make a lot of money.

On the other hand, Shiba Inu (SHIB) is a rival of DOGE... It’s a younger cryptocurrency than BTC and DOGE, but older than the Seesaw protocol. In 2021, it overtook its competitor DOGE in terms of evaluation. In terms of market capitalization, it is two below DOGE. Many were able to make a lot of money by investing in SHIB in the first half of 2021.

Compared to these existing cryptocurrencies, the Seesaw Protocol was pre-sold in January 2022. At that point, its valuation was $ 0.005. Since then, it has been an extraordinary success to please both the inventor and the investor. Within a few months, its price rose 3000% to $ 0.155. In the second phase of the pre-sale, prices rose 38%. Experts predict that the price will reach $ 0.25 before the start of the project.

In summary

Unlike older cryptocurrencies, the seesaw protocol is valued as a bridge platform between multiple chains. Holders will be able to easily convert between major blockchains such as Ethereum networks, BNB chains, polygons and more. Therefore, each transaction is optimized to get the lowest price and the fastest speed.Therefore, as an investment, SSW investment Interesting as we approach the second half of 2022.

Seesaw swap: