The year 2022 hasn’t been the smoothest for crypto enthusiasts. Many of the top cryptocurrencies have seen the bloody days as price plunged to the bottom, and then suddenly surged in the last 7 days, including BNB (BNB), Cardano (ADA), and Seesaw Protocol (SSW). These 3 coins have been all proving themselves as a long-term investment for holders, bringing benefits at a steady pace.
BNB vs.Cardano vs. Seesaw Protocol
1. BNB (BNB)
Since its launch in 2017, BNB has always been called the biggest largest cryptocurrency exchange (by trading volume). Currently, in terms of market capitalization, BNB is sitting at the 4th spot, behind Bitcoin (BTC), Ethereum (ETH), and Tether (USDT).
Over the last week, $BNB increased in value to 10%, and at the time of this post, the token is trading at $410.15, down 40.62% compared to its all-time high price of $686.31.
However, this downtrend won’t last long, and its price will be back to the route is apparent. Many crypto experts believe that BNB will be trading at least $1000 by the end of this year.
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2. Cardano (ADA)
Cardano labels itself as a “changemakers, innovators and visionaries” of the crypto world, aiming to “redistribute power from unaccountable structures to the margins to individuals”. With that admirable goal, it has been creating a society that is more secure, transparent, and fair for investors.
In August 2021, Charles Hoskinson, a co-founder of Ethereum, and founder of Cardano announced the launch of the Alonzo hard fork, causing Cardano price to surge, gaining 116% in the following month.
For the past week, Cardano (ADA) is up 15.6% and is currently the eighth-largest cryptocurrency by market cap. At the time of writing, you can pick up $ADA for $1.13 which looks like a significant bargain considering its all-time high price is $3.09.
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3. Seesaw Protocol (SSW)
Seesaw Protocol is a new name in the list but not less attractive. The platform will be launched in April and promise to bring an NFT marketplace which is also a multi-bridge DeFi for investors.
Users will be able to transfer between 3 of the major crypto networks (Ethereum, Binance, and Polygon) to find the best available rates and speeds for their respective transactions.
Seesaw Protocol (SSW) has provided its early investors with some monstrous gains. Since the presale launched in January 2022, $SSW has already risen by 2500%. Currently, in the 2nd of three presale stages, the token is worth $0.13728. Some experts are expecting until its official release, $SSW could be worth around $0.50.
With just three weeks of the presale left, now could be the perfect time to invest and earn massive profits on the way up.
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Which one is better for investing?
For BNB vs.Cardano vs. Seesaw Protocol, they all show themselves as a solid addition to your portfolio. However, to be more careful, you should thoroughly research any crypto before parting with your hard-earned cash and only invest money that you can afford to lose. You can do this based on factors such as market capitalization, demand, and supply, use cases, etc. Lastly, just as with mutual fund SIPs, it’s better to invest small amounts rather than plonk down a lump sum at one go.
Read this topic to make the best decision: https://en.cryptory.net/post/beginners-guide-how-to-buy-a-cryptocurrency/