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"Buy low, sell high" is an investor's slogan all over the world. It is especially relevant in the case of cryptocurrencies, where a praised or popular project might produce millions for its backers in a short period of time.
Shiba Inu is perhaps the most well-known example of this (SHIB). SHIB was priced at $0.000000000119 at the start of 2021. That's nine 0s. Shiba Inu had lost 5 of those zeros less than a year later, ballooning by more than 70% and reaching a new all-time high of $0.00008845. A $2 investment in January would have been sufficient to make anyone a millionaire by October.
A presale is the earliest opportunity to invest in any cryptocurrency venture. Presales occur before a cryptocurrency is made available to the general public and listed on exchanges. Notably, during a presale, the price of a new cryptocurrency cannot fall and will only climb for the duration of the presale. Presales for Ethereum (ETH), Filecoin (FIL), and Seesaw Protocol (SSW) have all been or are currently experiencing record highs.
The Ethereum (ETH) presale began in July 2014, and less than a half-day later, well over $2.3 million, or 7.4 million ETH, had been raised.
Of course, any crypto devotee is aware that Ethereum (ETH) has grown into a behemoth. It is the world's second-largest cryptocurrency, trailing only Bitcoin (BTC). Its all-time high of $4891, attained in November 2021, was a more than 3 million per cent increase over its presale price.
To this day, Filecoin (FIL) has the largest presale on record. It raised $52 million during its first presale period, then a whopping $205 million during the ICO. During this time, the price grew by 350%, from $1 to $4.58.
FIL reached an all-time high of $237.24 in 2021, several years after its debut. It is currently more than 90% down than its peak and was recently found around the $18 mark. Despite a significant dip, Filecoin is still more than 1650% more than its initial presale price, demonstrating the value of investing in a concept as soon as allowed.
When Seesaw Protocol (SSW) debuts on April 8th, it hopes to join the ranks of Ethereum (ETH) and Filecoin (FIL). It has already caught up to these two behemoths in terms of presale success, yet unlike ETH and FIL, SSW still has several weeks to go.
Its presale began on January 25th, 2022, with a cost of $0.005. SSW is currently trading at $0.13 as of March 11th. This is a staggering 2500% increase, and with time to go before its launch, there is still the possibility for more growth. Some analysts believe it could reach $0.20 and then continue to rise past $0.25.
Enter Presale: https://presale.seesawprotocol.io/register
Website: https://seesawprotocol.io/
Telegram: https://t.me/SEESAWPROTOCOL
Twitter: https://twitter.com/SEESAWPROTOCOL
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Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.
