The cryptocurrency market has seen a slight recovery with the majority of coins in the green. This could be a good time to take advantage and invest in Polkadot (DOT), Cronos (CRO), and Seesaw Protocol (SSW).
Polkadot and Cronos have come up with a lot of network upgrades to improve liquidity and can be considered by cryptocurrency investors for great returns along with the SSW token.
Litentry Wins Polkadot Parachain Auction
Litentry, an identity aggregation protocol that is cross-chain compatible has won the para chain auction on Polkadot and will be integrated with the Polkadot network soon.
The announcement was made via the official Twitter handle of Polkadot, “Congratulations to @litentry on winning Polkadot’s 15th para chain auction! Litentry will be onboarded at the beginning of lease 8 – bringing their decentralised cross-chain identity aggregator to Polkadot.”
DOT has been successful in establishing partnerships with many interesting projects and many networks have expressed an interest in the auctions conducted by Polkadot. DOT has seen phenomenal growth and has remained in the top 50 cryptocurrencies. It should be considered for both short and long term portfolios.
Seesaw Between Networks For Efficiency
Seesaw Protocol is a completely decentralised open-source liquidity pool standard that can be deployed on any network. It will ensure enough liquidity as it is a cross-chain protocol and allows fee-less transfer across major networks.
Seesaw Protocol helps users in saving gas fees as it allows fee-less transfers across networks. It will help users in transferring assets across networks making more profits. At present, major blockchains such as Ethereum often demand very high fees, this can be saved if the protocol allows cross-chain transfers.
Most existing projects have seen low adoption primarily because they have been unable to ensure sufficient liquidity for their users. The Seesaw protocol has decided to lock $1M for liquidity purposes. Besides, 5% of the sell transaction fee will be distributed to the liquidity pool.
The SSW Token can be used for DeFi farming and will also provide income to all its holders as 3% of the buy fee is distributed to all holders. The protocol will help in bringing NFTs and the Metaverse to the masses. Seesaw Protocol will also help in educating and cultivating interest among the next generation of users by investing in educational initiatives.
The immersive technology being built by Seesaw can have a wide range of applications. Coupled with the power of blockchain technology, it can be used to power many ecosystems including multi-media streaming, immersive audio experience, virtual 3D systems, artificial intelligence, gaming, and haptic feedback.
You can buy SSW on Pancakeswap (CAKE) and Seesaw Swap. Its currency price of just $0.01 could be a fantastic entry point with many believing it will get back to its all-time high price range shortly.
Cronos Gets Integrated With Trust Wallet
The CRO Token which drives the Crypto.com exchange has been integrated with the Trust Wallet. This integration will help more investors gain access to the CRO Token. Crypto.com is one of the most popular cryptocurrency exchanges and the CRO token is the main utility of the exchange.
CRO is used for gaining access to premium accounts and users can also get discounts depending on the quantity of CRO tokens held by them. The price of the Cronos could increase significantly as most exchange tokens tend to perform well in the long run.
Seesaw Protocol was recently launched and has seen an increase in holders consistently indicating the popularity of this new coin. Gaining access to new tokens during their early phase is best for generating huge returns in the future. The early holders can make handsome returns as prices can shoot up quickly following news of adoption.