Top 2 Cryptocurrencies to Buy Now – Chainlink (LINK) and Seesaw Protocol (SSW)

Top 2 Cryptocurrencies to Buy Now – Chainlink (LINK) and Seesaw Protocol (SSW)

Chainlink and Seesaw Protocol are perfectly priced and positioned to capitalise on a bull market.

The cryptocurrency market seems to be picking up after a terrible start to the year. Most cryptos saw huge losses over the past three months; however, savvy investors will know this presents the perfect opportunity to get in at a discount and potentially make significant returns. The recent bounce of 20% on average in most cryptos is a good sign that the market is picking up again.

Chainlink (Link) and Seesaw Protocol (SSW) are perfectly priced and positioned to capitalise on a bull market. So, let's take a look at these up-and-coming cryptos.

Seesaw Protocol (SSW)

Seesaw Protocol has soared over 1000% percent in the first three weeks of its presale and looks incredibly promising to take advantage of the increasing positivity around the crypto market. This is only the first stage of the presale; two more stages remain before launch, which means there is still time to join and see huge returns. If SSW continues to grow at its current rate, it could increase by over 5000% prior to its April launch.

   According to https://seesawprotocol.io

Seesaw Protocol will act as a bridge between multiple blockchains or ecosystems, allowing holders to send and receive value. SSW enables more affordable and faster transactions for holders by utilising the most efficient blockchain at the optimal time (depending on congestion) to find the quickest and cheapest transaction.

This solves an important problem in the cryptosphere as users cannot transfer value between blockchains. For example, Ethereum (ETH) and Binance (BNB), which are separate blockchains, are not compatible and users cannot trade ETH for BNB. Seesaw Protocol solves this problem by bridging three of the biggest blockchains – Ethereum (ETH), Polygon (MATIC), and Binance Smart Chain (BNB).

Seesaw Protocol will not only enable users to transfer value between these blockchains but it will also be able to use the appropriate blockchain at the time of the transaction in order to find the cheapest rate, thereby decreasing transaction fees and saving users money.

Chainlink (LINK)

Chainlink has come a long way since October 2018. With smart contracts forming the bedrock of DeFi (decentralised finance), oracles that enable them to securely execute in response to verifiable real-world events are critical.

Chainlink began by providing cryptocurrency price data to DeFi protocols such as lending platform Aave via a limited number of sources. However, it now encompasses a great deal more.

The ecosystem now boasts over 1,000 project integrations, with 700 oracle networks securing over $75 billion in value — up tenfold from 2020— and accessing over one billion data points. Additionally, Chainlink saw a doubling of public usage of Chainlink Github software repositories — a metric frequently used to gauge adoption.

All of this growth has aided LINK's 52% year-over-year increase over the last 12 months. AccuWeather and Associated Press both partnered with Chainlink for data verification, and ex-Google CEO Eric Schmidt joined as an advisor, the latest indications that big tech and media are taking notice of Chainlink's expanding applications.

Chainlink will introduce staking later this year, allowing LINK holders to help secure the network by encrypting a portion of their LINK and earning rewards.

LINK has lost over 70% of its value since its all-time high, meaning that this could be the perfect time to buy in with plenty of value on the table for 2022.

For More on Seesaw Protocol:

Disclaimer: Analytics Insight does not provide financial advice or guidance. 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. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.

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