The year 2022 is almost over, and the majority of crypto projects and coins have been everywhere except “to the moon.” In just a year, the once-thriving ecosystem has lost more than 70% of its value. But all is not lost.
The ecosystem is still in its infancy, and newer, better projects are sprouting daily. Snowfall Protocol is one such project to keep an eye on. Snowfall Protocol (SNW) has been hailed as revolutionary by industry experts and is expected to join the ranks of other pioneers such as Chiliz (CHZ) and Binance Coin (BNB), potentially outperforming them as well.
So, what is Snowfall Protocol (SNW)?
Snowfall Protocol (SNW) is a cross-chain solution based on the vision of a multi-chain future. It is the first cross-chain transfer ecosystem to support both fungible and non-fungible tokens. Using Snowfall dApp, users can easily swap fungible and non-fungible assets across the major blockchains.
For a long time, the blockchain industry has struggled with compatibility, limiting adoption. However, with the introduction of the Snowfall Protocol (SNW), we can now cross interoperability concerns off the list.
How’s Snowfall Protocol’s (SNW) traction so far?
Another indicator of a project’s strength, particularly in its early stages, is how investors react to it. Thanks to the law of supply and demand, we can use a project’s token price performance to gauge its traction.
Snowfall Protocol’s (SNW) presale campaign began at $0.005. When the first round ended, the token had risen to $0.009. At this point, word had spread about Snowfall Protocol, and investors flocked to the second round, causing it to sell out early. Snowfall Protocol also reached a new all-time high of $0.075 and raised $3 million at the end of this round.
Snowfall Protocol (SNW) is now in its third and final round. The first week of this round saw Snowfall Protocol (SNW) do another 250% to hit a price of $0.095. This round will end in early January 2023, before the Snowfall Protocol (SNW) goes live on January 3rd, 2023, assuming the tokens do not sell out before then, which they most likely will.
Aside from the above-mentioned disruptive utility, investors are also drawn to Snowfall Protocol (SNW) because of its promise of long-term rewards. Snowfall Protocol (SNW) staking pool allows investors to stake Snowfall Protocol (SNW) tokens for up to 14% annual rewards.
How do I join Snowfall Protocol’s presale?
With as low as $100, you can join the ranks of astute investors. Visit https://presale.snowfallprotocol.io
How does Snowfall Protocol (SNW) compare to Chiliz (CHZ) and Binance Coin (BNB)?
Binance Coin (BNB)
Binance Coin (BNB) powers operations in the Binance Coin (BNB) ecosystem. Binance (BNB) Coin’s utility was a major factor in the token’s impressive 1,300% return one year after its official launch, and Snowfall isn’t short on this front either. An examination of Snowfall’s price performance during the presale, project utility, and industry acceptance indicates that Snowfall Protocol will easily outperform Binance Coin’s (BNB) performance with up to 2000% returns.
Binance Coin (BNB) has been on a downtrend this week after experts revealed that the exchange is only 97% collateralized — a major red flag suggesting the exchange’s insolvency.
Chiliz (CHZ)
Chiliz (CHZ), like Snowfall Protocol (SNW), is a pioneer in its field. Chiliz (CHZ) has pioneered the activation and monetization of sports fans through radical fan engagement with their favorite teams. Chiliz token, CHZ, facilitates the purchase of voting rights by fans and tokenizes a stake in the sports team.
Chiliz (CHZ) has failed to live up to investors’ expectations of a good performance since the World Cup began in late November in Qatar. In addition to being shaken by volatility, (CHZ) has lost more than 25% of its value in less than a month of the ongoing competition.
I want to learn more about Snowfall Protocol
Presale: https://presale.snowfallprotocol.io
Website: https://snowfallprotocol.io
Telegram: https://t.me/snowfallcoin
Twitter: https://twitter.com/snowfallcoin
