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Seesaw Protocol (SSW) Success Continues After Launch as Dogecoin (DOGE) and Shiba Inu (SHIB) Falter from Market Promote-Off
Seesaw Protocol is gaining success within the unstable cryptocurrency market in 2022
Within the span of a month, the cryptocurrency trade went from a seemingly burgeoning one projecting spectacular progress, to at least one that has skilled a substantial sell-off of crypto belongings, leaving most of the larger cryptocurrencies within the crimson.
The 2 juggernauts of the trade, Bitcoin (BTC) and Ethereum (ETH) have fallen to values simply above $40,000 and $3,000, respectively.
Fellow large hitters Dogecoin (DOGE) and Shiba Inu (SHIB) have additionally skilled a drop in worth whereas the newly-listed Seesaw Protocol (SSW) appears to be booming amongst the chaos.
Seesaw Protocol (SSW) settles at $0.42
You’ll assume launching in the course of a crypto sell-off can be close to disastrous for a brand new cryptocurrency seeking to make its mark within the trade however then once more, you will not be conscious of Seesaw Protocol (SSW).
Having launched its mission on Friday, following a record-breaking presale that noticed SSW surge over 4,000%, SSW shot as much as a worth of $0.42, at the moment of writing.
A vesting interval of two weeks the place Seesaw Protocol will maintain on to its presale tokens earlier than assigning them to buyers will permit the mission to guard the liquidity of the token in addition to shield the long-term safety of the mission.
Having gained 100% progress within the first 24 hours of its launch, Seesaw stays a scorching commodity after the tip of the presale.
That is solely the start for SSW which nonetheless goals to deploy its cross-chain integration in addition to its deliberate itemizing on Uniswap (UNI) within the third quarter of 2022.
Dogecoin (DOGE) suffers a slight dip prior to now 24 hours
Following a record-breaking yr the place Dogecoin (DOGE) elevated over 3,100% in worth, it’s been considerably of a disappointing follow-up yr when many thought the mission would construct on its overwhelming success.
Regardless of Elon Musk’s finest efforts to as soon as once more drive up the value of DOGE once more by suggesting those that pay for Twitter Blue, a subscription mannequin of the social media website, ought to be capable to pay with DOGE, that has had no optimistic impact on the meme coin’s fortunes.
Buying and selling at $0.138909, at the moment of writing, Dogecoin has skilled a slight 6.5% dip prior to now seven days.
Nevertheless, regardless of the shortage of progress in 2021, Dogecoin stays the eleventh greatest cryptocurrency on the planet, amassing a market cap of over $18 billion, in accordance with knowledge from CoinMarketCap.
Shiba Inu (SHIB) information a constant decline prior to now month
We go from one meme coin to a different as Shiba Inu (SHIB) mirrors Dogecoin, in not solely their origin story however their present circumstances.
Whereas Shiba’s rise in 2021 blows DOGE’s out of the water with an increase of 21681.9% prior to now yr, at the moment of writing, its present struggles eclipse these of their rival.
A 13.5% dip prior to now seven days has left SHIB majorly adrift of the cash forward of them in CoinMarketCap’s rating of high cryptocurrencies with the likes of Polkadot (DOT), Dogecoin (DOGE), and Avalanche (AVAX) all constructing a sizeable hole between them and SHIB.
Nonetheless, Shiba stays the fifteenth greatest cryptocurrency on the planet, in accordance with knowledge from CoinMarketCap, however ought to change into cautious of stagnating after a exceptional 2021.
To purchase SSW: https://swap.seesawprotocol.io/
Web site: https://seesawprotocol.io/
Telegram: https://t.me/SEESAWPROTOCOL
Twitter: https://twitter.com/SEESAWPROTOCOL
Instagram: https://www.instagram.com/seesaw.protocol
Disclaimer: The knowledge posted within the article is for academic functions solely. Through the use of this, you agree that the data doesn’t represent any funding or monetary recommendation. Do conduct your individual analysis and attain out to monetary advisors earlier than making any funding selections.
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