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In 2021, investors discovered that cryptocurrency is much more than a passing fad. The total market capitalisation of all cryptocurrencies more than doubled last year, rising from less than $1 billion to approximately $2.3 billion by 2021.
However, cryptos have been declining in recent months, with the total market cap already falling to $2.2 billion in 2022. Bitcoin, the king of cryptocurrencies, is down 10% in the last month, and Shiba Inu, the social media crowd-pleaser that gained 40,000% in 2021, is down more than 10% in the last month.
Even so, there are reasons to be optimistic about cryptocurrency this year; all you have to do is choose the right ones. If you’re ready to invest, I recommend diversifying between a stable and established crypto such as Ethereum (ETH) and a crypto that has plenty of potential for exponential growth, such as Seesaw Protocol (SSW).
Ethereum (ETH)
While Bitcoin is the undisputed king of cryptocurrency, Ethereum is driving the revolution. It serves as the infrastructure for a variety of crypto applications, called dApps. Numerous other cryptocurrencies, such as metaverse tokens and applications, are built on the Ethereum platform.
Ethereum’s developers tout the platform’s advantages in terms of fostering an open and secure environment. It enables anyone to conduct financial transactions without the need for prior approval from a bank, as well as privacy, allowing users to complete transactions independently of government regulation.
That is why it is a pioneer in what is known as DeFi, or decentralised finance. This has significant implications for the way financial transactions are conducted, as more people turn to crypto, specifically Ethereum, for easy peer-to-peer payments that are decentralised.
As its popularity and real-world utility have grown, it has gained recognition from major financial players. Ethereum is one of only four cryptocurrencies that can be traded on PayPal Holdings’ app, and Shopify allows subscribers to accept it (along with other cryptocurrencies) on their websites.
The exciting news about Ethereum in 2022 is that it is upgrading its platform to make it faster and cheaper. At the moment, the platform can only process between 15 and 45 transactions per second (TPS), slowing traffic and causing congestion. The new upgrade should be capable of handling up to 100,000 TPS, significantly increasing its capacity.
Ethereum currently accounts for 15% of the total cryptocurrency market, and with continued development and use, it should be a standout cryptocurrency in 2022.
Seesaw Protocol (SSW)
Seesaw Protocol is a cryptocurrency which bridges multiple blockchains, thereby solving an important problem within the cryptosphere. SSW will bridge Binance Smart Chain (BNB) with Ethereum (ETH) and Polygon (MATIC) enabling holders to utilise the most efficient blockchain at the optimal time (depending on congestion) to find the quickest and cheapest transactions.
Seesaw Protocol’s presale has just begun, offering investors an excellent opportunity to participate early. As Solana’s incredible rise of over 40,000% last year demonstrates, investing early in these types of cryptocurrencies can result in massive returns.
According to the Seesaw Protocols website, the price of SSW has already increased from $0.005 to over $0.025, meaning that holders have already profited by 300 percent. Due to the fact that holders are unable to sell during the presale, the price can only continue to rise until launch.
SSW Price according to https://seesawprotocol.io
In a world where cryptocurrencies move at a breakneck pace, investing early can result in massive profits on a small initial investment. Seesaw Protocol be the best opportunity to get in on the ground floor of the next crypto boom.
For More on Seesaw Protocol:
Presale: https://presale.seesawprotocol.io/register
- Website: https://seesawprotocol.io/
- Telegram: https://t.me/SEESAWPROTOCOL
- Twitter: https://twitter.com/SEESAWPROTOCOL
- Instagram: https://www.instagram.com/seesaw.protocol
