Short Term Investment Advice: Seesaw Protocol (SSW), Elrond (EGLD), and Tron (TRX)


Most small investors entering the crypto-finance world are either investing in strong coins that don’t carry much risk, or in trending coins that are either pre-sale or have just come off the pre-sale. Seesaw Protocol (SSW) is a coin suitable for this second group. Elrond (EGLD) and TRON (TRX) are two relatively safe coins that you can invest in in the second and third quarters of 2022.

mag seesaw

Seesaw Protocol (SSW): One of the Top-Rising Coins in Pre-Sale

Every year, we witness incredible technologies in the cryptocurrency industry. However, most of them do not meet expectations due to a lack of user experience and high costs. Seesaw Protocol (SSW) underlines on its official website that new technologies such as the Metaverse and blockchain will mature much more in the near future. The project focuses entirely on the younger generations and plans to adapt trend technologies to the youth. The Seesaw Protocol (SSW) network is also preparing to host an in-network NFT platform where users can distribute NFTs across different ecosystems.

SSW, the native token of the Seesaw Protocol, can be exchanged between multiple chains with almost 0% commission. This is an extremely attractive situation for all users. Although the project is still new, in a short time it has managed to create its own decentralized application (dApp), SeesawSwap. Users can easily trade through this platform. Investors who want to buy SSW tokens can use PancakeSwap (CAKE) in addition to SeesawSwap. According to the statements made by the developers, SSW is also planned to be listed on UniSwap (UNI) in a few months.

SSW, which has a price of $ 0.005 in the pre-sale, has caught a large audience in a short period of time. The token, which entered the market at $ 0.46 on April 8, 2022, maintained this level until April 14, and then fell to the $ 0.016 level due to low volume. The token is currentlyabout  235% more valuable than its all-time low of $ 0.004776.

How Long Will the Steady Rise of Elrond (EGLD) Continue?

The Elrond Network (eGLD) project was implemented in 2017 by the brothers Beniamin and Lucian Micu and Lucian Todea. Known for their initiatives and work experience in the field of technology, the Micu brothers previously worked as engineers at well-established companies such as Nem Core and Uhrenwerk 24. Lucian Todea is known as one of the founders of Soft32 company. The native cryptocurrency of Elrond Network is called eGold, or the eGLD coin – eGLD has a maximum supply of 31,415,926.

The token was first released in 2020. Initially, 20,000,000 eGLDs were distributed. The token, which entered the market with a very high price of $ 12.36 on May 9, 2020, reached $ 196 on February 9, 2021, attracting the attention of many investors. The coin experienced its golden age in November of 2021 at the price of $542.58. Elrond Network (eGLD) is currently worth 2163.12% more from its all-time low of $6.54 on October 7, 2021.

Like many projects, Elrond Network gained strength in June 2019, benefiting from private funding worth $1.9 million. While the first funding round was supported by several angel investors, the project managed to realize another $3.24 million in the same year. Elrond Network (eGLD) stands out as a very low-cost, fast and efficient alternative for developing decentralized applications. Compared to Bitcoin (BTC), which can process 7 transactions per second, Elrond Network has the capacity to process as high as 15,000 transactions per second.

Tron (TRX) Is Still Highly Reliable

TRON (TRX) was launched in 2017. TRX gained high popularity in 2018 with the increase in the awareness of cryptocurrencies. The project describes itself as “the new Bitcoin of cryptocurrencies”. Behind TRON (TRX), there is technology entrepreneur Justin Sun, whom we have been hearing about recently. The successful manager drew all the attention, especially with the posts he made in 2017. His bid of $4.5 million for a special lunch with Berkshire Hathaway CEO Warren Buffett and multimillion-dollar NFT purchases are just a few of them. According to the statement made by the project managers, TRON (TRX) has a talented and experienced team of developers from around the world, selected from big companies such as Ripple Labs.

While investors in the market, which showed ups and downs in the 2017-2018 period, kept their eyes on new currencies, TRON (TRX) also entered the radar of investors. Launched in 2017 at a price of $0.0010, TRX reached $0.30 in January 2018 with a massive 5708.27% rise. The coin, which experienced a sharp decline in the 3rd quarter of the same year and fell to $0.04 levels, recovered during the mega bull season in 2021 and rose to $0.13.

Leave A Reply

Your email address will not be published.