Cryptocurrency markets are growing rapidly and there are a number of cryptocurrencies that have seen huge price increases in the past few months. One such cryptocurrency is Snowfall Protocol (SNW). But what are the key reasons for its price highs? In this article, we will highlight the current updates with Binance (BNB) and Litecoin (LTC) networks, and explain why Snowfall Protocol (SNW) will be better than them in the coming year.
Binance (BNB) drops by $51 despite Chamber of Digital Commerce association
Binance (BNB) has recently announced that it has joined the Chamber of Digital Commerce, a prominent blockchain and cryptocurrency trade organization, to build a regulatory framework. Binance (BNB) has joined the committee to work with other blockchain industry leaders to advance the cryptocurrency market. Binance’s (BNB) growth, however, does not appear to have been affected significantly by the announcement. With some negative fundamentals, Binance (BNB) has started the breakdown stage in its price charts, which could signal the approach of a bear market. Fundamentally, Binance (BNB) appears weaker as legal worries surrounding its parent exchange continue to build. In the event of money laundering and some violations, criminal charges may be brought against Binance (BNB) in the coming year, causing investors to worry about the platform’s future. The price of Binance (BNB) has decreased by $51 in the past month, which is more than 17%. Binance (BNB) is now trading at $244.79.
Litecoin (LTC) delisted on global exchanges after MWEB upgrade
MimbleWimble, also known as MWEB, is a new Litecoin (LTC) upgrade that improves the network’s anonymity and transaction size. When one talks about blockchain networks, they’re known to be fully transparent and decentralized. On the other hand, with Litecoin’s (LTC) MWEB upgrade, users receive more privacy and the transactions on the platform will not broadcast user location or asset count. MimbleWimble is a privacy-preserving Litecoin (LTC) transaction solution that ensures only the intended recipients of a block transaction have access to data about the user’s location and the value of the asset being transferred. While this is great news for many crypto users, the global outlook does not seem very good for Litecoin (LTC). In recent days, Litecoin (LTC) has been delisted from various trading sites, including those in Thailand and South Korea. This is mainly due to Litecoin’s (LTC) MimbleWimble (MWEB) upgrade. Many countries’ regulations, including those of Thailand’s Security and Exchange Commission, prohibit the use of a feature like Litecoin’s (LTC) because of the information it conceals.
Snowfall Protocol (SNW) surges dramatically by 400%
Snowfall Protocol (SNW) presale period is almost over, with the third and final phase looking like it will outperform the previous two. Snowfall Protocol (SNW) is a state-of-the-art technology developed to serve as the hub of all blockchain interactions, and lead the way for the widespread implementation of blockchain-based applications. With improved transaction security, the Snowfall Protocol (SNW) bridge introduced by Snowfall Protocol improves cross-chain communication. A growing number of cryptocurrency experts and analysts see Snowfall Protocol (SNW) as the next big thing. The initial presale price of a Snowfall Protocol (SNW) token was $0.005, which has now increased in value by 400% to $0.14. With this kind of price growth and popularity, the value of Snowfall Protocol (SNW) will likely soar by a factor of 1,000 upon its launch on cryptocurrency exchanges, making it the most widely used protocol for blockchain-to-blockchain communication.
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
