It’s full steam ahead for the cryptocurrency trade as we enter the second quarter of 2022.
Not solely can we begin to see the official launches of newly-formed cryptocurrencies like Seesaw Protocol (SSW, however we begin to gauge whether or not different cryptos like Terra (LUNA) and Polkadot (DOT) are capable of replicate the expansion they achieved in 2021.
Seesaw Protocol (SSW) units alight the crypto market
After recording 4,000% development because the launch of the Seesaw Protocol (SSW) presale, the cryptocurrency lastly launched on Friday and to a lot fanfare.
With the preliminary presale worth of SSW being $0.05, that’s since catapulted to $0.41, right now of writing.
With these considering that their time to speculate has actually come to an finish, I wouldn’t be too certain about that.
A possible return of 36% on preliminary investments is on the playing cards in April and the current six-month lock of $1 million in liquidity implies that the potential of a rug-pull is zero as builders are unable to take out their stake within the crypto.
This in flip provides traders confidence within the undertaking and its intention of turning into an actual participant within the crypto market.
SSW tokens can now be bought on PancakeSwap (CAKE) in addition to its native SeesawSwap platform the place the acquisition of SSW tokens takes place with simply three easy steps.
Seesaw Protocol will now flip its consideration to its cross-chain integration of Ethereum (ETH) and Polygon (MATIC) with Binance Sensible Chain (BSC).
Terra (LUNA) is in dangerous type following record-breaking type
It wasn’t that way back when Terra (LUNA) was the discuss of the city as a result of of its extraordinary surge, to the purpose the place the crypto broke its all-time excessive (ATH) a number of occasions in a month.
Hitting its ATH of $119.18 on April fifth was a exceptional achievement for the blockchain fee platform however it’s since been a backslide as LUNA is firmly trenched within the crimson.
A 23.3% decline prior to now seven days implies that LUNA now trades at $86.45, right now of writing.
Because the ninth greatest cryptocurrency on the earth, amassing a market cap of over $30 billion, in keeping with information from CoinMarketCap, LUNA made the headlines over the weekend because the LUNA Basis Guard acquired $176.1 million price of Bitcoin (4,130 BTC).
In keeping with GOV Capital, LUNA will attain $125 by the top of 2022, spelling what can be one other bullish run for the cryptocurrency.
Polkadot (DOT) within the crimson throughout the board
After hitting its all-time of $54.98 in November 2021, it’s gone downhill for Polkadot (DOT).
Buying and selling at $18.01, right now of writing, it’s been a 67.3% decline from its ATH for the thirteenth greatest cryptocurrency on the earth, in keeping with information from CoinMarketCap.
In keeping with The Value Prediction, they imagine DOT will probably be price $25 by the top of the 12 months, suggesting a return even near its ATH isn’t on the playing cards.
To purchase SSW: https://swap.seesawprotocol.io/
Web site: https://seesawprotocol.io/
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