The spectacular performance of Snowfall Protocol (SNW) has extended into another week after reaching a new all-time high of $0.19 on Friday last week. Snowfall’s presale campaign, which ends in two weeks, has received substantial investor deposits, indicating the cryptocurrency community’s approval and trust.
Aptos, “the Solana-Killer,” has also registered gains this week. However, Polkadot appears to be losing steam despite the overall market recovery. Continue reading for the latest in Snowfall Protocol (SNW), Aptos (APT), and Polkadot (DOT).
Aptos (APT) is a much-hyped newcomer to the crypto space who hasn’t been shy about asserting its presence. The layer 1 proof-of-stake blockchain network recently increased by more than 100%, passing $8 and potentially approaching $10.
Most of Aptos’ buzz stems from the fact that it was built by well-known industry figures. Its creators are former blockchain engineers from Meta’s now-defunct Diem project. However, the recent increase in Aptos value can be attributed to the release of positive U.S. Consumer Price Index (CPI) data and PancakeSwap’s recent vote. PancakeSwap recently voted to keep its multichain deployment on Aptos. The CPI data, on the other hand, showed a decline in inflation, prompting investors to bet on a possible slowdown in inflation.
Over the last 24 hours, the broader crypto market experienced positive market sentiment, with most cryptocurrencies recording positive price movements. Polkadot on the other hand has kept falling for a second day despite having experienced a significant bullish rally over the previous two weeks. Polkadot has risen from $4.200 to $5.800 in the last 15 days. Polkadot’s rally was rejected at the $6.500 level, causing the price to drop back below the $5.800 level. Currently, the price is encountering strong resistance at this level.
However, Polkadot’s on-chain development remains strong, and we could see a break above $6.5 at some point. Polkadot Staking has been simplified thanks to the ecosystem’s nomination pool system, which allows users to stake a minimum of 1 DOT. With staking made simpler, it’s expected that Polkadot will continue its ascent. Santiment also observes an increase in Polkadot Parachain development activity.
The Snowfall Protocol (SNW) presale campaign has emerged victorious after braving a tough crypto winter and beating the bears. Snowfall Protocol (SNW) now goes live on PancakeSwap in just two weeks!
Snowfall’s four-phased presale campaign began in the fourth quarter of 2022 and will end in early February. Throughout the campaign, a total of over 350 million SNW tokens have been sold, with each of these single rounds selling out. In fact, the second round sold out a day ahead of schedule.
Metrics and market analysis now indicate that Snowfall Protocol (SNW) will be among the top performers in 2023. Early investors are in for a fun ride, with returns of up to 5000% possible. What are you waiting for? The final round of Snowfall’s presale campaign is over 80% complete, which means you snooze, the opportunity is gone. Don’t miss out. Invest in Snowfall Protocol (SNW) today to maximize your profits in 2023.
Presale: https://presale.snowfallprotocol.io
Website: https://snowfallprotocol.io
Telegram: https://t.me/snowfallcoin
Twitter: https://twitter.com/snowfallcoin
Dubai, known for its innovation and forward-thinking approach, hosted the Web3 World Consortium (W3WC) event.…
FET Soars With Bullish Pennant Breakout NAIROBI (Coinchapter.com) - Fetch.ai's native token, FET, has captured…
Bitcoin's Superb Recovery Triggered by Fed Announcement NAIROBI (Coinchapter.com) - In a move closely watched…
SEC Hits Robinhood With Wells Notice NAIROBI (Coinchapter.com) - The Securities and Exchange Commission (SEC)…
Could stablecoins unseat payment processing giant Visa in terms of total payment volume processed this…
Cardano's founder, Charles Hoskinson, has proposed integrating Bitcoin Cash into the Cardano ecosystem through a…