The crypto market is reaching new heights with every passing day. With the entry of new players, the competition is becoming tougher. However, Snowfall Protocol (SNW) has created a niche for itself and is slowly becoming a favorite among investors. What makes Snowfall Protocol (SNW) different from Solana (SOL) and Polygon (MATIC)? Read ahead to find out.
Solana (SOL) drops over 95%
On December 15th, the centralized smart contract token, Solana (SOL) broke through the lower end of its trading range resulting in a 10% drop in value. The price of Solana (SOL) has had a difficult time fighting back and regaining its previous levels of support. Currently, Solana (SOL) is trading at $12.24, which is a drop of 11.24% in the past week. Since the beginning of the year, the price of Solana (SOL) has been consistently declining, which is making the bulls gradually lose interest in the token.
As of today, Solana (SOL) is 95% below its all-time high of $260 and the token has a long way to recover. Solana’s (SOL) market cap has plummeted as a result of the recent price drop, and is now at $4.92 billion. Solana’s (SOL) current price is the lowest price that this coin has had in the past few months. Additionally, if Solana (SOL) can’t maintain its current value, the token’s price could fall below $10 or even lower.
Polygon (MATIC) can lose 4% in the next 4 days
It was widely anticipated that the price of Polygon (MATIC) would rise in response to the increased volume of blockchain transactions that followed the unveiling of a special edition collection of NFTs by former U.S. president, Donald Trump. However, recent data indicates that the current price of Polygon (MATIC) is $0.8348. This is a decrease of 5.7% from Polygon’s (MATIC) prior value within the past 24 hours.
Furthermore, the last week has been a bad one for Polygon (MATIC) investors, as the token sank by 13.44%. The future prediction of Polygon (MATIC) is widely pessimistic, according to several websites. As per the analyses, over 20 out of 30 indicators have shown bearish signals for Polygon (MATIC), implying a price dip is near. The current Polygon (MATIC) price forecast predicts its value to drop to $0.764428 on December 25, 2022, a loss of 4.30% from its current level.
Snowfall Protocol (SNW) to be the next 1000x asset
Snowfall Protocol (SNW) has been an investor favorite while many other cryptocurrencies have made investors lose confidence and trust in the crypto space. The entire crypto community has been impressed by Snowfall Protocol’s (SNW) performance and investors are queuing up to join in on the action even before the launch. On January 3, Snowfall Protocol (SNW) will be launched. Due to its immense demand, Snowfall Protocol (SNW) cryptocurrency was completely sold out one day before the second stage of its presale was scheduled to end.
Currently, Snowfall Protocol (SNW) is in Stage 3 of its presale and the price is 400% higher than in Stage 1. Analysts and investors alike have come to favor Snowfall Protocol (SNW) due to its utility as a multi-chain decentralized protocol for moving both fungible and non-fungible tokens between different blockchains. With Snowfall Protocol (SNW), users of different blockchains can communicate with one another and reap long-term benefits. Additionally, analysts believe that Snowfall Protocol (SNW) will be the next 1000x asset, increasing in value by as much as 5000% upon launch.
get in while you can and invest in Snowfall Protocol (SNW) today!!!
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