Which Cryptocurrencies Will Make Money in 2022? Solana (SOL), Ethereum (ETH), and Seesaw Protocol (SSW)

Which Cryptocurrencies Will Make Money in 2022? Solana (SOL), Ethereum (ETH), and Seesaw Protocol (SSW)

By now, almost everyone is aware of cryptocurrency. 2021 was a landmark year and saw multiple crypto millionaires created, with near enough every major coin finding new all-time highs. Solana (SOL) increased by over 17,000% to reach a peak in November. Ethereum (ETH) established itself as the 2nd top-ranked cryptocurrency by exploding in value by more than 500% and decreasing the market dominance of Bitcoin (BTC) in the process.

Despite a number of dips at the beginning of 2022, the crypto market remains strong. The total market cap dipped to around $1.5 trillion towards the end of January but has already bounced back to $1.74 trillion. Crypto holders will remain firm in their belief that it can reach and surpass the $3 trillion mark in 2022. With new investors appearing every day, and the help of established coins like Solana (SOL) and Ethereum (ETH), as well as exciting new projects such as Seesaw Protocol (SSW), this target could be reached.

Solana (SOL)

Solana (SOL) is the 7th highest rank cryptocurrency and has a market cap of $33 billion. Over the span of the last year, SOL has increased by 2300%, consolidating its place as one of the major cryptocurrencies. Solana (SOL) was designed to help DeFi applications and smart contracts, and it runs on proof of stake and proof of history mechanisms. This combination gives Solana some of the quickest transaction speeds. With the huge rise in popularity of NFTs, SOL can be used to buy and sell faster, easier, and often for a lower fee than some of its rivals.

Ethereum (ETH)

Ethereum (ETH) is ranked 2nd when it comes to market cap, behind only Bitcoin (BTC). A Deutsche Bank analyst labelled ETH 'digital silver', acknowledging Bitcoin as 'digital gold'. There is a certain amount of optimism amongst Ethereum loyalists that "the flippening" is a real possibility in the near-to-mid future. The term "flippening" pertains to a time when Ethereum overtakes Bitcoin (BTC) and becomes the top-ranked cryptocurrency. As things stand ETH has a market cap that is less than 50% of Bitcoin's.

However, with the innovations that Ethereum has lined up for 2022, as well as ETH being the main currency for the purchase and sales of NFTs, this is not as much of an impossibility as it currently sounds. The landmark release of ETH 2.0 and the transition from proof of work to proof of stake could be monumental for the crypto industry as well as the price of ETH. The major issue with Ethereum in its current form is its scalability; the gas fees are notoriously high and the network often becomes congested due to its popularity. ETH 2.0 will also make for a more sustainable and environmentally friendly network.

Seesaw Protocol (SSW)

Seesaw Protocol launches officially in April but its presale launched at the end of January and has already proved successful. The price at the beginning of the presale was $0.005. At the time of writing, SSW is worth $0.014531, an increase of 190%. If SSW can increase by such a substantial amount in the first stage of its presale, there is no telling how high it could go by the time the presale ends.

As well as offering a 7% bonus to presale backers in its first month (with 5% and 3% in the second and third months respectively), there are further incentives for SSW investors to hold long-term. There is a 3% fee attached to every purchase of SSW and a 5% fee on every sale. A portion of this will be redistributed to existing holders. A bigger percentage is paired with BNB and added to liquidity on PancakeSwap. This helps to provide further stability to Seesaw Protocol (SSW), and when twinned with a significant number of holders could ensure a bright future for SSW and its holders.

Disclaimer: (This article is sponsored and includes some commercial links)

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