Polygon (MATIC) and Cardano (ADA) Lead Crypto Rally Ahead of Seesaw Protocol (SSW) Presale

After consistent dips since December, there is finally some good news for cryptocurrency holders. On the 11th of January, the crypto market seemed to rally. This was reflected in the market as a whole, as well as in individual coins. The total global market cap had dipped below $2 trillion for the first time in months. As of the 12th of January, it had recovered to $2.02 trillion, as per CoinMarketCap. This is a not inconsiderable 4% increase in a 24-hour period.

The last month had seen consistent downward trends in almost all of the major cryptocurrencies. Bitcoin (BTC), the crypto market leader, was 42% down on its all-time high during its January low. Other top 20 ranked coins saw huge drops; Cardano (ADA) fell 65% and Polygon’s native token MATIC dipped 34% from its peak. With a new year comes burgeoning possibilities in crypto, and Seesaw Protocol (SSW) is just one of many new releases.

Polygon (MATIC) Leads Rally

Polygon is a scaling solution that aims to change how transactions are performed on blockchains; whether that be the cost, difficulty, or speed of a transaction. It is heavily reliant on the Ethereum network and acts as what is essentially an add-on. It has capitalised on the popularity and security of the ETH network in order to build credibility and trust between itself and its users.

MATIC, the coin used as the unit of payment on the Polygon network, has shone amongst the mini crypto rally over the last 24 hours. From the 11th to the 12th of January, MATIC soared more than 13%, more than any other top 20 cryptocurrencies. The trading volume has also increased almost 15%, to $2,110,568,932.

Cardano (ADA) Gains Some Lost Ground

Cardano has established itself as a top 10 crypto asset and is currently ranked 7th by total market cap. ADA is used on Cardano’s proof-of-stake blockchains, and ADA holders can vote on changes to its software. Crucially for its investors, Cardano’s programming is built with the same code that many businesses in finance and defence already use. This has led many to believe that ADA has a big part to play in the integration of cryptocurrency with some of the mainstream institutions.

In contrast to MATIC, ADA’s trading volume has actually decreased by 15% over the past day. Despite this, Cardano saw a price rise of more than 9%, up to $1.26 from $1.14. This is a far cry from its highest point of $3.10 in September 2021, but with this rally, it has begun to gain some of the lost ground.

Seesaw Protocol (SSW) Presale Looks Promising

Seesaw Protocol’s recent release could give investors some much-needed stability during this period of volatility. Despite this upturn seen across much of the market, prices are still generally down from a month ago. Many big investors have taken out money and could be looking for a project in which to reinvest some of the large profits gained in 2021.

SSW is going to be multi-chain, and assist holders in seeking the best blockchain on which to carry out their transactions. Some are put off by high gas fees or long waiting times. Seesaw Protocol wants to make this a thing of the past. As far as stability goes, there is a 5% fee every time SSW is sold, which goes into the liquidity of the token. Every time SSW is purchased, its creators have attached a 3% fee, which is distributed amongst its existing holders. These innovations make Seesaw Protocol (SSW) a very attractive prospect. Presales are the earliest chance to invest in a project, and Seesaw Protocol has only just launched theirs.

For more information check out the following links!

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