Projects such as Snowfall Protocol (SNW) allow investors to make
huge returns. Unlike Solana and Cardano, Snowfall Protocol (SNW) has provided good
yields to its early investors even under bearish pressure.
Cardano
(ADA) Falls To Negative Pressure
Cardano (ADA) had a stellar year in 2021. The bulls were able to
pull a 691% price increase in the calendar year, demonstrating their power.
With such momentum, Cardano (ADA) reached a market capitalization of $97.52
billion and an all-time high of $3.03 in September 2021. But, since the bears
seized control of the crypto market, Cardano has underperformed, taking a huge
knock and nearing the $0.3 support level.
Cardano (ADA) has broken the $0.3 support level and currently
trades at $0.243 – $0.257. Cardano (ADA) has been chastised recently,
particularly for its poor development rate. This gradual progress continues to
have a negative impact on the market, and no price rise is foreseen anytime
soon.
No
End In Sight To Solana (SOL) Decline
Aside from the market’s bearish pressure on Solana (SOL), a
significant attack on its lending protocol has influenced a massive decline in
value. An attacker stole $100 million from Mango Markets, a DeFi platform, and
is currently holding it hostage until the network covers its liabilities. This
announcement comes on the heels of yet another network glitch, and Solana will
have a difficult time in the coming months.
Given all these negative pressures, Solana’s value has gradually
declined. Solana (SOL) has dropped around 4% to $9.52 – $10.78 as of this
writing, representing a drop of 96.30% from its peak. Following their
dissatisfaction with Solana (SOL), investors are now motivated to invest in Snowfall Protocol (SNW).
Snowfall
Protocol (SNW) Surges from $0.005 to $0.17
Snowfall Protocol (SNW) has launched its dApp prototype after
experiencing tremendous success in recent months. The Snowfall Protocol (SNW) dApp enables users to transfer and receive
tokens between wallets on several blockchains in a secure and timely
manner. Likewise, Snowfall Protocol (SNW) includes smart
contract features that allow token swaps and many other activities that
necessitate token exchange.
Snowfall Protocol (SNW) promises to be
the only platform investors require for asset transfer, eliminating the
requirement for a trusted third party or middleman. The Snowfall Protocol (SNW) dApp functionality has assisted it in raising $3 million in just two months of the presale.
The current and final Snowfall Protocol (SNW) presale round will
likely be more profitable than the last ones. Snowfall Protocol (SNW) distributed more than half of this round’s tokens
in less than two weeks. As a result,
the price of Snowfall Protocol (SNW) has risen from $0.05 to $0.17 in the last week, with
more expected ahead of its January debut.
Get
in while you can and invest in Snowfall Protocol (SNW) today!!!
Presale: https://presale.snowfallprotocol.io
Website: https://snowfallprotocol.io
Telegram: https://t.me/snowfallcoin
Twitter: https://twitter.com/snowfallcoin
Disclaimer:
The views expressed on this page are those of the author and not of The Portugal News.
