The crypto market is constantly evolving and growing, with newer coins and tokens appearing on the scene every day. While some of these projects have potential, others are not as sustainable or viable. In this article, we will discuss the current developments of Polygon (MATIC) and Dogecoin (DOGE), and how they compare to Snowfall Protocol (SNW), a newly established cryptocurrency in the market.
Polygon (MATIC) to launch Polygon zKEVM
Polygon (MATIC) recently announced that they would be launching Polygon zkEVM in the coming year, which is a “huge leap forward” in the realm of zero-knowledge (ZK) technology. Polygon (MATIC) said in a news release that zkEVM would be the first Ethereum-compatible scaling solution that utilizes zero-knowledge proofs, making it compatible with all current smart contracts, developer tools, and wallets. The developers of the Polygon (MATIC) protocol revealed in a blog post last Wednesday that they have released the second testnet for their zkEVM network. The public testnet has been released by the Polygon (MATIC) team to identify areas for improvement, and the team plans to make the offering open-source and permissionless. According to Polygon (MATIC), this is the last testnet before the introduction of the mainnet. Despite this, Polygon (MATIC) has seen a 62% decline in its daily trading volume during the past week. In contrast to the previous two weeks when $525M was traded, the last 24 hours saw $361 million in Polygon (MATIC) trade exchanges.
Dogecoin (DOGE) drops after Elon Musk’s Twitter poll
Dogecoin (DOGE) has lost over 10% of its value recently, selling at $0.07, after Elon Musk’s newest Twitter Poll asked if he should resign as Twitter’s CEO. Initially, Musk said he would follow the poll’s conclusion. The price of Dogecoin (DOGE) has been trending down since early December, but the recent drop can be attributed largely to events on Twitter. It’s consistent with a pattern that began when the price of Dogecoin (DOGE) hit an all-time high of $0.73 in 2021. Dogecoin’s (DOGE) price this year is still much behind its all-time high of May 2021. Notably, rumors that Musk will use Dogecoin (DOGE) as the payment coin of Twitter contributed to a spike in the price of Dogecoin (DOGE) to above $0.14 in late October. Several more articles have portrayed Dogecoin (DOGE) as heading toward a Twitter wallet integration. As for whether Musk actually meant it with this recent survey, that is still up in the air.
Snowfall Protocol (SNW) prepares for a successful launch
With Snowfall Protocol’s (SNW) innovative bridging technology, users can swiftly and conveniently exchange assets. Snowfall Protocol (SNW) is a novel protocol developed to facilitate the mass adoption of blockchain-based applications. The creators of Snowfall Protocol (SNW) believe that the ideal way for blockchain to reach its full potential is if everyone who wants to, can benefit from their favourite projects without worrying about technical barriers. Since its presale launch two months ago, Snowfall Protocol’s (SNW) exceptional performance has been attributed to these innovative features. As of this writing, Snowfall Protocol (SNW) has raised $3 million over the course of two phenomenally successful presale sessions.
The value of Snowfall Protocol (SNW) is expected to increase by 500% in the next year, demonstrating exponential growth and providing substantial profits for investors. At its current Phase 3 pricing of $0.14. Snowfall Protocol (SNW) is still an incredible bargain for investors. Experts are optimistic about Snowfall Protocol’s (SNW) exceptional performance in the future months, and the presale’s last stage will end on January 3, 2023. Post the third presale’s end, Snowfall Protocol (SNW) will be finally launched to the public with an expected price of $0.2.
get in while you can and invest in Snowfall Protocol (SNW) today!!!
Presale: https://presale.snowfallprotocol.io
Website: https://snowfallprotocol.io
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