It is the question on everybody’s lips; what is the future of cryptocurrency? In 2021, the answer was nearly any major coin. From Bitcoin (BTC) to Dogecoin (DOGE) to Decentraland (MANA), most of the market flourished and hit new record highs. The major outlier was Ripple (XRP), the reasons for which will be expanded on later.
2022 has been a slightly different story, however. Investors have had to be careful about where they put their money. The top 10 coins, ranked by market cap, are down for the year.
Plenty of opportunities to buy the dip then, as crypto analysts always say. For top 10 cryptocurrencies like Cardano (ADA) and Ripple (XRP), and new cryptos such as Seesaw Protocol (SSW), there are ample opportunities for growth in March for the rest of 2022 and beyond.
Cardano (ADA) has the 9th biggest market cap of any cryptocurrency and has been around since 2017. It has been much-maligned in crypto circles as a coin that never seems to move or make any real progress. This is, of course, reductive and hyperbolic. In the last year or so ADA has shot up from $0.17 to a high of $3.10, a 1700% increase.
Even at its current price, around the $0.79 mark, it is almost 400% up on this time a year ago. Given recent developments, including a partnership with Wonder Woman actor Gal Gadot, there is no reason to believe Cardano can’t get back to its previous peak and even go passed it.
Ripple (XRP) finds itself slightly above Cardano in the market cap rankings; it is in 6th place at the time of writing. It has also had its fair share of criticism from those who see it as a bit of a white whale. As mentioned above, XRP did not reach a new all-time high in 2021. That came way back in January of 2018 when XRP got to $3.84.
The relative lack of movement is most likely due to its ongoing court battle with the Securities and Exchange Commission (SEC). This has been an issue since the end of 2020 but is due to end, one way or another, in the middle of 2022. Should the case settle in favour of XRP, the price is expected to skyrocket.
Seesaw Protocol (SSW)
Speaking of skyrocketing, Seesaw Protocol (SSW) is showing the market how it’s done. Its presale has so far been a wild success and shows few signs of slowing down. It began at $0.005 and in no time at all has shot up to $0.13. If this trend continues, before its public launch on the 8th of April, SSW could well find itself around the $0.4-0.45 mark.
There is not a crypto project in the top 100 that can match SSW for growth over the past month, and this makes it a uniquely attractive prospect. Backers have been intrigued but its utility as a multi-chain bridge, as well as its bold ambitions to enhance the educational potential of the Metaverse. There are still 5 weeks left of the SSW presale.
Enter Presale: https://presale.seesawprotocol.io/register
This news is republished from another source. You can check the original article here.