Filecoin’s (FIL) Early Investors Made 100x, Will Seesaw Protocol’s (SSW) Presale Break Records?
The best time to invest in a cryptocurrency is the earliest time to invest in a cryptocurrency. For most releases, the first chance for investors to get in on new projects are presales. Presales are usually split into two categories; investor-only, and public. Bigger and more established backers can access the investor-only presale, with funds often going towards the final development of the token. The public presale follows and is where the vast majority of tokens are sold.
One of the most successful presales was Filecoin (FIL) in 2017. The first stage of its presale raised $52 million and included some notable investors like Union Square Ventures and Sequoia Capital. A further $205m was raised in its ICO (Initial Coin Offering), making it the biggest presale on record at the time. A new cryptocurrency, Seesaw Protocol (SSW), has begun its presale and investors are flocking to take advantage of the opportunity to get into an exciting venture from the ground up.
Filecoin is a DSN (Decentralised Storage Network) powered by its native token FIL. Filecoin looks to take on the giants of Dropbox and Google Drive by making the millions of terabytes that are spare on computers worldwide available to the public. Those that make their storage available on the Filecoin network can earn FIL, and in addition, storage is bought with FIL. Storage availability, including speed of retrieval and cost, are customisable.
The release of Filecoin was more than worth the wait for its investors. In its first week of being on the leading listing platform CoinMarketCap, it increased by more than 150%, from $11.02 to $28.39. Filecoin reached an all-time high of $237.24 in April 2021. Considering the price of the token at its ICO was $5, its peak constitutes a rise of 4600%. If an investor had bought $1000 worth of FIL during the presale, it would have been worth almost $50,000 at its height.
Seesaw Protocol (SSW)
Seesaw Protocol’s presale investors will be optimistic that it can replicate and even surpass the Filecoin presale. It could be argued that SSW has a more wide-ranging utility than FIL. Seesaw Protocol gives its users the ability to conduct cross-chain swaps from network to network. After the presale, it will launch on PancakeSwap and begin on the Binance Smart Chain, before being available on the Polygon and Ethereum Networks. SSW holders will be able to find the lowest fees and fastest speeds to carry out their transactions.
Seesaw Protocol’s presale price will be $0.10. If it can reach the levels of FIL, each SSW will be valued at $4.74. This huge potential increase makes the Seesaw Protocol presale worth getting involved in. As has been the case with over cryptocurrencies such as Solana (SOL), Polkadot (DOT), and Shiba Inu (SHIB), early investments can yield massive rewards.
Enter Presale: https://presale.seesawprotocol.io/register