Two of the best performing cryptocurrencies of 2021 have begun to rebound from the tough start to 2022. Binance Coin (BNB) and Dogecoin (DOGE) are both top 10 coins and have a market cap of $61.91 billion and $18.4 billion respectively. The crypto market as a whole has seen continued dips since the turn of the year, as a new COVID-19 variant and rumours of tougher regulations in crypto from major governments swept their way through the world.
The slight upturn in the market indicates a recovery, and the major cryptocurrencies will be hoping this is the start of a similar bull run to the one that made 2021 so profitable for so many. It is also the perfect time to release a new crypto project; Seesaw Protocol (SSW) is one such project and has created a substantial amount of buzz even in the early stages of its presale.
Binance is the largest cryptocurrency exchange in the world. As of October 2021, it was estimated that there were over 28 million Binance users. Its native token, BNB, is currently ranked 4th by total market cap. BNB is used for transaction fees on its exchange. Fees are much lower on the Binance Smart Chain than on other networks like Ethereum (ETH).
Dogecoin (DOGE) is the king of the meme coins. Thanks to an affinity with Tesla CEO and founder Elon Musk, DOGE skyrocketed by a whopping 15700% from the beginning of 2021 to its peak in May. It stands at $0.1406 at the time of writing. This would have resulted in a 2900% increase for those who invested at the start of 2021.
Its rise of over 8% in the last week is a sign that the hype around DOGE is not dying any time soon. Other meme coins like Shiba Inu (SHIB) and Floki Inu (FLOKI) have proved there is a huge market for meme coins. DOGE can provide a ramp for more people to be introduced into the world of crypto.
Seesaw Protocol (SSW) has chosen the perfect time to begin its presale. The optimism amongst the crypto community for another year of sustained growth had taken a hit in the first few weeks of the year, but millions of investors are looking for the next opportunity and it could well be SSW.
The Telegram group for Seesaw Protocol has over 20,000 active members and is a surefire sign of the building excitement amongst the community. SSW has a real-world utility as a multi-chain bridge, connecting the Binance Smart Chain, Polygon, and Ethereum Networks. It allows its holders to carry out cross-chain swaps from network to network, helping to find the lowest fees and the quickest speeds. The advantages of investing in a presale are well-known and missing out on SSW could be missing out on the chance to see a significant yield.
Enter Presale: https://presale.seesawprotocol.io/register
(Disclaimer: This is a sponsored article and includes some commercial links.)