Litecoin (LTC) Up 20% and Seesaw Protocol (SSW) Presale Soars 500%
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
The first week of February has seen substantial upturns in the fortunes of crypto holders. Having been down for most of January, the majority of the major coins saw a spike in value. Some, like the meme coin Shiba Inu (SHIB) surged by over 50%, whereas the dual big-hitters of Bitcoin (BTC) and Ethereum (ETH) have risen by 14% and 13% respectively.
Every non-stable coin is in the green over the last 7 days. All signs indicate that now is a good time for crypto investments. Seesaw Protocol (SSW) is a new crypto project showing many signs of promise, primarily a whopping 500% rise in price since its launch two weeks ago.
Litecoin (LTC) is ranked in the top 20 of all cryptocurrencies by market cap. It is considered by many experts to be one of the first successful alternatives to Bitcoin (BTC) having launched in 2011. The idea behind LTC was to provide low-cost, fast, and most importantly secure transactions using blockchain technology.
In 2021, its 10th year of existence, Litecoin increased by 230% from the beginning of January to May, where it reached an all-time high of USD 412.96. Like most of the top-ranked coins, it has since dipped and suffered a sustained downturn at the beginning of 2022. The last week, however, has been positive for LTC. It is up 24% at the time of writing.
The developers behind Litecoin have also recently announced a major upgrade, which they are calling Mimblewimble. The upgrade, which has been in the pipeline for two years, will prioritise security and privacy in its transactions.
Despite still being in the first stage of its presale, Seesaw Protocol (SSW) has already increased by a seriously impressive 500%. A
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