It’s the query on all people’s lips; what’s the way forward for cryptocurrency? In 2021, the reply was almost any main coin. From Bitcoin (BTC) to Dogecoin (DOGE) to Decentraland (MANA), many of the market flourished and hit new document highs. The key outlier was Ripple (XRP), the explanations for which might be expanded on later.
2022 has been a barely completely different story, nonetheless. Buyers have needed to be cautious about the place they put their cash. The highest 10 cash, ranked by market cap, are down for the 12 months.
Loads of alternatives to purchase the dip then, as crypto analysts all the time say. For prime 10 cryptocurrencies like Cardano (ADA) and Ripple (XRP), and new cryptos resembling Seesaw Protocol (SSW), there are ample alternatives for development in March for the remainder of 2022 and past.
Cardano (ADA) has the ninth greatest market cap of any cryptocurrency and has been round since 2017. It has been much-maligned in crypto circles as a coin that by no means appears to maneuver or make any actual progress. That is, in fact, reductive and hyperbolic. Within the final 12 months or so ADA has shot up from $0.17 to a excessive of $3.10, a 1700% improve.
Even at its present worth, across the $0.79 mark, it’s virtually 400% up on this time a 12 months in the past. Given current developments, together with a partnership with Surprise Girl actor Gal Gadot, there isn’t any motive to consider Cardano can’t get again to its earlier peak and even go handed it.
Ripple (XRP) finds itself barely above Cardano out there cap rankings; it’s in sixth place on the time of writing. It has additionally had its justifiable share of criticism from those that see it as a little bit of a white whale. As talked about above, XRP didn’t attain a brand new all-time excessive in 2021. That got here approach again in January of 2018 when XRP acquired to $3.84.
The relative lack of motion is almost definitely resulting from its ongoing court docket battle with the Securities and Trade Fee (SEC). This has been a difficulty for the reason that finish of 2020 however is because of finish, a technique or one other, in the course of 2022. Ought to the case settle in favour of XRP, the worth is predicted to skyrocket.
Seesaw Protocol (SSW)
Talking of skyrocketing, Seesaw Protocol (SSW) is displaying the market the way it’s executed. Its presale has to date been a wild success and exhibits few indicators of slowing down. It started at $0.005 and very quickly in any respect has shot as much as $0.13. If this pattern continues, earlier than its public launch on the eighth of April, SSW may effectively discover itself across the $0.4-0.45 mark.
There’s not a crypto challenge within the prime 100 that may match SSW for development over the previous month, and this makes it a uniquely enticing prospect. Backers have been intrigued however its utility as a multi-chain bridge, in addition to its daring ambitions to boost the academic potential of the Metaverse. There are nonetheless 5 weeks left of the SSW presale.
Enter Presale: https://presale.seesawprotocol.io/register
Web site: https://seesawprotocol.io/