Is Seesaw Protocol SSW a Scam? How to Avoid Cryptocurrency Rug Pulls

But since this is still in the presale stage, it doesn’t appear there’s any way to exit a position yet. All those gains from the first folks in are nothing more than a hope at this point. I’m a solana guy so trying to figure out what wallet to use.

The technical and on-chain metrics have aligned, resulting in a possible rally soon. While the technical and on-chain metrics insinuate an optimistic future. Experts, analysts, and enthusiasts say ETH could potentially grow in value by 400% in 2022. Due to their success, they have reason to be talked about in the crypto community. – in this day and age, keeping the creators of a project secret is less common.

Through an analysis of “SeeSaw Protocol” Google search results, we can potentially observe a manipulation of the algorithm. A slew of press releases have been sent out by SeeSaw Protocol , with titles also featuring the names of popular projects, including Axie Infinity, The Sandbox, Ripple and others. It’s been a high-yielding period for Solana seesaw protocol whose price has risen by 37.7% in the past 14 days, at this time of writing. With SSW still projected to rise between $0.20 and $0.25, that would spell a rise of over 3000% since the launch of the presale. This would effectively get rid of the issue of exorbitant gas fees users are sometimes forced to pay for the confirmation of a transaction.

Live Seesaw (SSW) Price, Historical Chart & Seesaw Market Cap

As with every newcomer and this industry, every investor is encouraged to carry out their own research and decide for themselves. Buy tax has its token redistribution, LP acquisition and marketing each set at 1%, and sell tax has token redistribution set at 1%, LP acquisition set at 3%, and marketing at 1%. The starting price of the coin is set to be $0.005, with “BNB, BTC, ETH, BCH, LTC, DASH, DOGE, USDT (ERC20-TRC20) and many more” as buying currencies accepted. It will be listed on various exchanges such as Uniswap and PancakeSwap, with a purchase of SeeSaw coin carrying a 3% fee and 5% fee of sale.

While it does offer a much needed solution in the crypto world its huge token price crash is of concern. Launched in January 2022, the protocol is a fairly new and ambitious blockchain-based project created to bridge multiple blockchains. It currently runs on the BNB Chain with plans to also run on the Ethereum and Polygon blockchains. The Seesaw protocol is a decentralized, multi-chain, noncustodial ecosystem of Defi products, protocols, and services.

Seesaw Protocol (SSW) Constantly Defying Expectations

This is a statistical representation of the maximum market cap, assuming the maximum number of 990 Million SSW tokens are in circulation today. Depending on how the emission schedule of SSW tokens are designed, it might take multiple years before FDV is realized. This promotes holding of the coin, and users may be prompted to retain their investments rather than quickly holding and selling. A less volatile coin may mean a good opportunity for investors in the long run. SSW is defined as bridging or connecting MATIC , ETH , and BSC (Binance’s Smart Chain) as a genuine multi-chain connecting coin.

• This is a statistical representation of the maximum market cap, assuming the maximum number of 990 Million SSW tokens are in circulation today.
• Jay Jackson is a crypto trader, researcher and freelance writer.
• After deliberating, SeeSaw confirmed that the email was legitimate.
• The investors lose out and the creators make off with their money.
• These giant names in their respective industries have invested in coins such as BTC and AVAX .

With the inevitable rise of Meta, who knows how much more value will SSW offer. We are all looking at how the presale stage sets out for SeeSaw Protocol. The recent interest in SeeSaw Protocol, which is in its presale stage, has quite a few heads turning and pondering about this coin.

Seesaw Annual Price (USD)

Seesaw Token deployed to Binance Smart Chain and will also be deployed on Polygon and Ethereum. Change the wallet network in the MetaMask Application to add this contract. Token launch allocation will be determined after presale ends. The table above shows the number of days which Seesaw closed above a certain price level. Following its much anticipated release, Seesaw witnessed a rise of 100% the initial 24 hours and surged to a valuation of $0.41 as of this writing, an incredible surge.

In spite of Litecoin not appearing like it might make a bull run at the moment, there are irons in fire of the digital asset. As a latest crypto asset, Seesaw is setting up example of how this new kid in on the block can still put influence so early on in their path. In spite of attaining groundbreaking presale where SSW token sales went north of more than 8,000%.

It’s got a very active Telegram page with more than 21,000 members. And there’s even a subreddit, Discord server and TikTok pages offering support. Adding Seesaw to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. You can copy SSW’s contract address and import it manually, or if you’ve installed MetaMask’s chrome extension, add SSW to MetaMask with one click on CoinGecko. SeeSaw Protocol is not yet offered to the general market for trade and has just been released.

Is Seesaw Protocol (SSW) a Scam? How to Avoid Cryptocurrency ‘Rug Pulls’

Being a newcomer means that its success is still at a very early stage to speculate. It is no doubt that the value provided by the coin has eyebrow-raising potential, and can also result in a good profit for an investor. This will open doors to the next presale stage which is set to end a month later on March 25th, 2022 with 89,100,000. The last presale stage will then end on 8th April 2022, with 29,700,000 SSW tokens set to be sold. The total capitalization of the coin is set to be 990,000,000 SW.

According to Crypto.com, 106 million people invested in cryptocurrencies in 2021 and there are many predictions that the industry will more than triple in the next eight years. The Covid pandemic was a big hit on lots of industries and businesses, but every cloud has a silver lining. People who were stuck at home for months on end, either working from home or on furlough, had time to study the ever-growing industry that is cryptocurrency. To be fair, SSW is new, and we can only expect so much as the project behind this cryptocurrency continues to develop. While the bulls would benefit from a swift comeback, it is unclear whether or not this will occur. As long as buyers unite and push the XRP price to the range high of $0.91, investors should anticipate XRP to make keep profiting from it.

Convert US Dollar (USD) to SSW

The presale ending time is the 25th of February 2022, with scheduled tokens to be sold to be 178,200,000. SSW has been trending on engines and is in its presale stage with its scheduled launch just within sight. The initial offering for such coins is titled ICO , and the ICO of SSW is generating considerable interest. For the curious and for those interested in the cryptocurrency world, the task may seem daunting and increasingly technical. But not to fear, with this article the readers will find what cryptocurrencies are and how to invest in existing or current tokens such as SeeSaw Protocol .

Getting Started? We’ve Got You Covered

We will attempt to cater to every query in this article, from a newbie’s point to a seasoned investor’s view. Names like JP Morgan, Deloitte, and Tesla have publicly voiced their nod towards the digital coin along with investing in them, themselves. These giant names in their respective industries have invested in coins such as BTC and AVAX . Seesaw Protocol is a fully on-chain liquidity protocol that can be implemented on any smart contract-enabled blockchain. The Seesaw Protocol is an open-source standard for liquidity pools, which in turn provide an endpoint for automated market-making (buying/selling tokens) against a smart contract.

This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. The material provided on this website is for information purposes only and should not be regarded as investment research or investment advice. Any opinion that may be provided on this page is a subjective point of view of the author and does not constitute a recommendation by Currency Com or its partners.

Some developers will take advantage of the lack of knowledge that some potential investors have about crypto and defraud them of their money. Thanks to the mostly decentralized nature of the crypto market there is often nothing that can be done to halt scams and scammers. Reading this you might think that it is now too late to start investing in the new cryptocurrency and start injecting into your wallet extra cash for extra personal wealth. Numerous advantages of blockchain technology have enabled investors globally to invest in digital tokens, based on similar technology, with a rising trend seen in the market. The most popular and valuable of them is Bitcoin with others in thousands also in the market looking to top the charts with their added value. Is a global cryptocurrency exchange platform that allows you to trade crypto and other assets.

The likes of Stellar and Litecoin are among the some conventional crypto assets within sector and in spite of stagnation and dips, fortunes might take a turn soon. Dzengi Сom сlosed joint stock companyis a cryptoplatform operator and carries out activities using tokens. Certain tokens sold by Dzengi Сom сlosed joint stock company may be of value only when using the information system of Dzengi Com CJSC and the services rendered by Dzengi Com CJSC.

This means that when the demand increases and more people become aware of this crypto after launch in April, your holdings will be worth more. The fact that the project is backed by an anonymous team is also concerning to some people. Bitcoin continues to dominate the crypto market, yet its creator, Satoshi Nakamoto’s true identity, is yet to be known to date. SSW can be traded and farmed across the Binance Chain, Ethereum, and Polygon blockchains.

Furthermore, there is zero mention on the Seesaw Protocol crypto token’s website about burned tokens. And this helps ensure that the developers https://xcritical.com/ won’t redeem liquidity pool tokens. Another aspect of Seesaw Protocol crypto that is a bit of a red flag is the bonus referral program.