The cryptocurrency market has stalled over the first few months of 2022 compared to the incredible success of 2021. Many of the major coins including Ethereum (ETH) and Solana (SOL) have seen little to no movement over the past 7 days.
How Do I Make Money With Crypto?
One of the best ways to make some serious gains in the space is to invest in presales. Filecoin (FIL) had one of the most successful cryptopresales, raising over $250million. Seesaw Protocol (SSW) is currently in stage 2 of its presale and looks set to outperform many of the established names in the game.
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Ethereum (ETH)
Ethereum is the second biggest crypto in terms of market cap and the main rival to Bitcoin (BTC) and outperforms its rival in many different areas including transaction speeds.
The Ethereum network is extensively used for decentralised apps (dApps) such as smart contracts, which allow two parties to perform legal transactions without the involvement of a third party such as a lawyer.
Furthermore, Ethereum is home to a variety of initiatives focused on decentralised finance (DeFi) and non-fungible assets (NFTs).
Ethereum is transitioning from a proof-of-work (PoW) protocol to a proof-of-stake (PoS) protocol. In PoW, powerful computers must solve complicated riddles to verify transactions. In a PoS system, on the other hand, validators validate transactions in exchange for incentives in the form of a proportion of their Bitcoin holdings.
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Bitcoin is still a proof-of-workcryptocurrency, which means mining it takes a long time and a lot of energy. When Ethereum fully switches to a Proof-of-Stake system, it will use approximately 99% less energy, be substantially faster, and be significantly cheaper, allowing it to scale and potentially exceed Bitcoin. Many analysts predict that $ETH will be worth 5 figures sooner rather than later.
Solana (SOL)
Last year, the price of $SOL surged by over 11000%, establishing it as a key player in the cryptocurrency industry. The number one advantage of Solana is its speed. Bitcoin can process around 7 transactions per second whilst Ethereum can manage slightly more. Solana on the other hand is capable of handling up to 50000 transactions every second.
Similar to Ethereum, Solana is built to support decentralised applications (dApps) and currently hosts a variety of initiatives such as DeFi, GameFi and NFTs. Many developed flocked to Solana as a result of its quick speed. Whilst ETH 2.0 continues to be delayed there are many saying that $SOL could reach $1000 in 2022.
Seesaw Protocol (SSW)
The clear winner in the next stage of cryptocurrency evolution is SeesawProtocol. The platform will offer an NFT marketplace as well as act as a multi bridge DeFi. Users will be able to bridge between 3 of the major crypto networks (Ethereum, Binance and Polygon) to find the best available rates and speeds for their respective transactions.
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The presale of Seesaw Protocol has already seen fantastic success. The price of $SSW has already risen by 2500% since the presale launched in January 2022. Currently, in the second of three stages of the presale, the token is worth $0.13728. Some experts are predicting that by the time it officially launches in April, $SSW could be worth around $0.50 showing that there is still plenty of time to invest to catch some of the massive profits on the way up.
There is currently a 5% reward bonus for every new person you bring to the presale as well. Alongside this, there is no limit to the number of people you sign up to the platform. Simply put, If you refer 10 people to the network and they deposit $1000 each, you will be rewarded with $500!
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Any of the three projects mentioned here would be a solid addition to your portfolio. Ethereum will be one of the top dogs for many years to come. Solana’s speed helps its stand out from the rest and the adaptability of Seesaw Protocol makes it one of the most exciting new cryptos in space.
Find Out More Here:
Website: https://seesawprotocol.io/
