In case you haven’t noticed, cryptocurrency interest is soaring. With multiple advertisements deals with American Football teams, British Premier League teams, and now the Red Bull Formula 1 racing team. Cryptos have gone as mainstream as mainstream gets. While Bitcoin and Ethereum are household names and account for the majority of the total market capitalization, thousands of other cryptocurrency investments are available.
Even Bitcoin, which is currently trading at more than $44,000, began trading at pennies and took nearly three years to reach a price of more than $1 in February 2011. Each great journey begins with a single step. While it is impossible to predict which tokens will achieve such long-term success, there are some excellent crypto investments under $1. Hedera (HBAR) and Seesaw Protocol (SSW) are two of them.
You are not alone if you are unfamiliar with it, but it is a cryptocurrency worth learning about. Hedera is a blockchain network that differs from traditional blockchain networks in several ways.
Hedera is a publicly distributed ledger that is not built on a chain of blocks but on a hashgraph-based distributed consensus algorithm developed by Leemon Baird, Hedera’s co-founder and chief scientist. In contrast to blocks, hashgraph technology stores data in hashes within a graph. Each container (the infrastructure that houses applications) is incorporated into the ledger using hashgraph technology — none are discarded. All of the hashgraph’s branches continue to exist in perpetuity, woven into a single whole. It is designed in such a way that as more transactions are added to the hashgraph, the transactions are verified more quickly.
To accomplish this, it employs a different method of verification than Bitcoin and Ethereum’s traditional proof-of-work blockchains. The community of nodes (computers that connect to the cryptocurrency) on the hashgraph reaches a consensus on the validity and timestamp of each transaction.
Hedera is designed to process transactions more quickly and at a lower cost than competitors. It is capable of processing 10,000 transactions per second, significantly more than Bitcoin or Ethereum, and confirms transactions in three to five seconds. It charges an average transaction fee of $0.0001 and consumes negligible energy. Additionally, Hedera has been validated as asynchronous Byzantine Fault Tolerant (ABFT), the highest level of security available for distributed systems.
Seesaw Protocol (SSW)
Seesaw Protocol has soared over 1,000% in just a few weeks of its presale and appears to be capitalizing on the growing optimism in the cryptocurrency market. This is only the first stage of the presale; two more stages remain until launch, so there is still time to join and earn massive returns. If SSW maintains its current growth rate, it could increase by 6x prior to its April launch.
In order to provide value in the ever-growing crypto market, new currencies need to offer unique utilities. Seesaw Protocol will do this by bridging multiple blockchains, enabling holders to transact across Ethereum (ETH), Polygon (MATIC), and Binance Smart Chain (BNB) – three of the most prominent blockchains in the world.
This means SSW will also make transactions more affordable and faster for holders by utilizing the most efficient blockchain at the optimal time (depending on congestion) to find the quickest and cheapest transaction, saving users money.
As previously seen with cryptocurrencies like Solana (SOL), Dogecoin (DOGE), and Shiba Inu (SHIB), getting in early can reap huge rewards for holders. Obviously, there is no earlier time to get in on a crypto than through a presale, which means SSW may provide the best opportunity for exponential growth this year.
Photo credit: The feature image has been done by Photocreo Bednarek. The images in the body of the article have been provided for press usage.
Editorial notice: Risk is an essential part of investing so please be careful with your funds and what you do with them. No matter where you put your money, make sure to read the fingerprint and make due diligence checks.