by Analytics Insight
January 31, 2022
Cryptocurrency has provided investors with a plethora of investment choices, from Bitcoin (BTC) to Ethereum (ETH) or Fantom (FTM), each with its own set of advantages and disadvantages. The crypto industry’s new watchword is “improvement,” and numerous new platforms are being constructed or changed to increase the appeal and utility of virtual money.
Tron (TRX) and Seesaw Protocol (SSW) are two of the newest cryptocurrencies that promise to reduce the cost of entry for investors and increase utility. Tron is a permissionless protocol that aims to democratise the content distribution sector. Meanwhile, Seesaw Protocol is a multi-bridge cryptocurrency that will bridge Ethereum (ETH), Polygon (MATIC) and the Binance Smart Chain (BSC), enabling users to find the fastest and cheapest transactions among them. As a result of their increased utility, these two cryptocurrencies look set to explode in 2022.
Tron (TRX) enables developers to create and deploy decentralised apps (dApps) for virtually any purpose, including online games, decentralised exchanges, yield farms, and open lending platforms. Tron’s core purpose is to provide people with access to content that is not geographically censored or otherwise constrained. TRX is used by network users to pay content creators for access to their applications, bypassing corporate intermediaries such as Amazon or Netflix. Simply put, this means that those who own Tron will have complete control over the data they generate, including the manner in which it is transmitted to the audience. Users can keep their cryptocurrency assets on a desktop computer, a mobile device, or a hardware wallet.
Tron, which has over 50 million users as of August this year, incorporates a number of features that aid in this endeavour. Tron, which is backed by the Tron Foundation, a Singapore-based non-profit dedicated to the ecosystem’s development, has risen to become one of the top twenty cryptocurrencies in terms of market capitalisation and temporarily held a spot in the top ten. Tron has a zero-fee transaction model.
Seesaw Protocol (SSW)
Seesaw Protocol (SSW) is a new cryptocurrency that has the potential for tremendous growth in 2022. SSW has just begun its presale, and with its launch just weeks away, it represents the best opportunity for holders to get in early before the initial coin offering (ICO).
Seesaw Protocol will act as a genuine multi-chain connector, bridging Polygon (MATIC), Ethereum (ETH), and Binance’s Smart Chain (BSC). This enables holders to undertake multi-chain swaps at the most affordable and expedient rates possible by using numerous solutions.
Seesaw Protocol will be listed on multiple exchanges, such as PancakeSwap and Uniswap. Each purchase of SSW carries a 3% fee, and each sale 5%. This benefits holders because the fees are dispersed among existing SSW holders, which means the longer you hold, the more tokens you’ll gather. This may also contribute to the cryptocurrency’s stabilisation by encouraging users to retain rather than sell, hence reducing volatility.
With the demand for faster, cheaper, and cross-chain transactions, Seesaw Protocol appears to be in an ideal position to challenge the top two and generate enormous value for holders.
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