Seesaw Procol continues to grow despite it not having been officially launched. Today, investors can only buy it on the presale market. However, the high anticipation is pushing its prices high with each passing day.
Since the cryptocurrency started trading on the presale market, it has seen an explosion in its value. The recent presale, for instance, showed that the prices of the seesaw protocol had risen by 3,800 per cent. This is after the prices rose from $0.005 to $0.195. The increase meant that early investors became extremely profitable from the position they had acquired early.
Fortunately, the Seesaw Protocol will be launching in three days on April 8, with substantial liquidity of over a million. The liquidity will ensure that users who want to buy or sell their Seesaw Protocol token will not have any problems. In addition, the huge liquidity will allow for instantaneous trading of the protocol in exchanges.
Another reason the Seesaw protocol has risen in the past few days is the fear of mission out (FOMO). Most investors who have looked at the Seesaw Protocol have noticed its potential in the market. Unfortunately, this has pushed them to panic buy the token in the presale market due to speculation of how much worth it can become in the open markets. The result has been a sharp increase in the price of the protocol.
Although charts are not yet available in the exchanges, predicting where the protocol will be trading after launching is not hard. Due to the recent surge in the price of the Seesaw protocol, the token is likely to open the markets trading at around $0.2.
However, the $0.2 price will be likely undervalued. The result will be a continued increase in the price in the next few days after the launch. Therefore, I expect to see the cryptocurrency trading at above $0.5 a few days after its launch.
This post was last modified on Apr 05, 2022, 16:52 BST 16:52