Everyone is on the hunt for the next cryptocurrency that will earn them a fortune. Almost every significant cryptocurrency project has risen by hundreds of thousands, if not millions of per cent in the last year. Those that did not achieve new heights, such as Ripple (XRP), had valid justification. In the case of XRP, it is currently involved in a legal struggle with the Securities and Exchange Commission about its legitimacy (SEC).
Dogecoin (DOGE) and Shiba Inu (SHIB) are two of the most well-known cryptocurrencies that have created fortunes for their backers. Following suit, a slew of meme coins have risen tremendously and are expected to gain pace in 2022. New releases, such as the promising Seesaw Protocol (SSW), hope to follow in the footsteps of DOGE and SHIB and make 2022 as profitable as 2021.
Dogecoin (DOGE) was created as a satirical response to Bitcoin in 2013. (BTC). It’s based on the wildly successful Doge meme, which peaked in popularity around the same period. Despite the fact that DOGE is almost ten years old, it was only in the beginning of 2021 that it became well known. From the start of 2021 to its current high of $0.7376, reached in May of last year, Dogecoin has climbed by more than 15000%.
DOGE’s journey hasn’t been easy since that high point. It is currently 82% behind its all-time high, following a rocky start to 2022. Several small price increases have been outliers amidst the overall downward trend, and the current price is $0.128.
Shiba Inu (SHIB)
Shiba Inu (SHIB) may be rated 14th by market capitalization, one spot behind Dogecoin (DOGE), but it outpaced its canine counterpart in 2021. It increased from $0.000000000119 to $0.00008845 from the beginning of 2021 to the end of October 2021. This is a staggering increase of 74,327,600%. At the start of 2021, investing only $2 in SHIB would have made you a millionaire.
SHIB, like DOGE, has had many long-term declines in recent months. It’s fallen more than 70% from its all-time high. Because meme coins are so volatile, SHIB could climb again at any time, however only the most enthusiastic SHIB supporters believe it will reach its prior peak and rival the price of Dogecoin.
Seesaw Protocol (SSW)
After incredible success in Stage 1, Seesaw Protocol (SSW) has opened Stage 2 of its presale. SSW was priced at $0.005 at the start of its presale. SSW has continued to rise day by day in the six weeks since and is now up by more than 2000%. A $1,000 investment would be worth more than $20,000 now, and the value is increasing all the time.
Because of the nature of the presale, the price can only go up from now until the launch on April 8th. According to some estimates, SSW might increase by another 3000% or more. The token’s goal is to connect the Binance Smart Chain (BSC) with Ethereum (ETH) and Polygon (POLY) (MATIC). The popularity of NFTs has brought the Ethereum network into the spotlight, highlighting its high gas fees and slow transaction speeds. SSW will investigate this.
SSW provides an additional utility that Dogecoin (DOGE) and Shiba Inu (SHIB) do not. SSW could produce a lot of money for its presale investors if it can reach, or nearly reach, the heights of Dogecoin and Shiba Inu.